Gate.io Pulls Pump.enjoyable’s $600M PUMP Token Sale Web page

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As PUMP Token Stalls, Solana ETFs Achieve Momentum Associated Articles:

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Crypto change Gate.io has abruptly eliminated the token sale web page for Pump.enjoyable’s PUMP token, simply days earlier than the general public sale was slated to go reside on July 12.

The shock transfer wiped all particulars of the $600 million providing from the platform. In response to the now-deleted web page, 150 billion PUMP tokens priced at $0.004 every have been set to be bought, making up 15% of the meme coin’s whole 1 trillion provide.

The sudden takedown has left would-be traders unsure whether or not the sale continues to be transferring ahead.

Gate.io stated the elimination adopted negotiations with Pump.enjoyable. Neither occasion has confirmed a brand new date or whether or not the token launch will proceed in any kind.

The $PUMP Token Sale Leaked on Gate – Then All of the sudden Disappeared
No official phrase but from pump. enjoyable
Token sale metrics as per Gate. io👇
💊 Valuation: $4B
💊 Presale: $600M
💊 Provide: 1Trillion tokens
Early leak or cancelled deal? 👀 pic.twitter.com/llZFCdpmGb
— Zia ul Haque (@ImZiaulHaque) July 8, 2025

As PUMP Token Stalls, Solana ETFs Achieve Momentum

However it’s not all unhealthy information for Solana. Whereas traders might need to attend a bit longer for PUMP’s public sale to re-launch, they may quickly be celebrating the launch of spot Solana ETFs (exchange-traded funds).

The SEC could fast-track functions for the SOL funds, sources aware of the matter instructed CoinDesk. In response to these sources, the SEC has requested that SOL ETF issuers submit amended S-1 filings by the top of this month.

Though the SEC’s official deadline for a ruling on spot SOL ETFs is simply set for Oct. 10, the current request could possibly be a sign that the regulator is attempting to hurry up the method.

That’s after the launch of the REX-Osprey Solana and Staking ETF (SSK), which managed to bypass a extra stringent regulatory course of given its structuring underneath the Funding Firm Act of 1940. This allowed it to achieve a first-mover benefit out there.

Prior to now, the SEC has tried to keep away from giving a single issuer a first-mover benefit, which is why it concurrently accepted the spot Bitcoin ETF functions final yr earlier than doing the identical for spot ETH ETF functions.