Pump.fun, the prominent memecoin launch platform in the Solana ecosystem, transferred 11.2 billion PUMP tokens with a total value of 21.22 million dollars. This transaction corresponds to approximately 1.12 percent of PUMP supply. The transfer was made from an address closely associated with Pump.fun’s core treasury wallet to the centralized cryptocurrency exchange Kraken.
Distribution and Vesting Process to Early Partners
According to records, the transferred tokens were allocated to early strategic partners and teams that contributed to the rapid growth of the Pump.fun project. Jacob Franek, who works within the Alliance, confirmed in his statement on the X platform that the Pump.fun team has now started the distribution of locked PUMP tokens to designated groups.
Token distribution to early supporters of Pump.fun has begun and all payouts are carried out with vesting limitations; This was implemented to prevent the tokens from creating instant sales pressure and to maintain long-term commitment to the project.
The statement also states that Alliance is among the organizations that received a share from this distribution. It is reported that all transfers are subject to strict vesting rules and bulk sales that would pose a risk of short-term volatility in the market are prevented in this way.
Treasury Movements and Market infrastructure
The wallet where today’s transfer took place also played an active role in previous large transactions from the platform’s main treasury. The wallet received 20 billion tokens (2 percent of the total supply) directly from the treasury at the initial listing of PUMP in July 2025. With the latest transfer, it is aimed to transfer assets to international stakeholders in a safe and orderly manner, using the platform’s central exchange infrastructure.
Distribution via Kraken makes it easier to track tokens and increases the on-chain traceability of all transactions. Such distributions, made through central liquidity providers in many projects in the maturation phase, enable the fulfillment of commitments to early investors and ecosystem partners.
Expansion on Solana-Based Launch Platforms
This distribution by Pump.fun took place at a time when interest in platforms supporting new projects on Solana continued to increase. Pump.fun offers a structure that makes it significantly easier for developers and crypto users to launch new token projects. The initiative in question stands out as a reflection of the community-oriented growth trend in user-oriented blockchain applications recently.
In an environment where regulatory demands are increasing in the digital asset market, the gradual distribution of millions of dollars’ worth of tokens with vesting requirements stands out with the impact of policies aimed at maintaining market stability, especially in regions such as the European Union. Thus, while the share they deserve is transferred to early stage partners, excessive liquidity in the token is prevented.
