
Solana’s $15 Billion Wipeout: A Temporary Setback?
Solana’s 2025 slump saw its meme ecosystem lose a massive $15 billion. This downturn was largely blamed on market manipulation by large investors (“whales”). While retail investors took the biggest hit, some insiders and platforms like Pump.fun profited handsomely. Despite this, Solana still processed over $138 million in fees in the last month, showing it…