X @mert | helius.dev
mert | helius.dev·2025-07-16 17:15
RT Zhu Su (@zhusu)Why pumpfun tge is bullish for sol1) pf actually doesnt own any sol, it is not like they can dump loads2) it is a false mental framework to say that pf “dumps sol” in general. Users start w usd, buy sol to join the trenches, pay sol fees, platform sells back to usd. This is just consumer business3) more attention on revenue generation occurring on solana is insanely bullish for the native asset of the venue that it is occurring on, both in terms of forward looking attraction of founders an ...