A Solana user accidentally burned 10 million PUMP tokens worth $75,000 using an automated wallet-cleaning tool that misidentified the valuable tokens as junk during Pump.fun’s $500M ICO.
Solana surged 7% to $161 after REX Shares and Osprey Funds announced a staking-enabled ETF, but low institutional demand and $585M in upcoming token unlocks threaten sustainability.
