Pump.fun offloaded another 122,498 Solana, or about $10 million at current prices. after that, SOL saw a huge decline of 3.6%. This sale brings the total dispositions of the Solana-based memecoin launcher to 4.656 million SOL, valued at $794.8 million at a hybrid average exit price of $170.7 per token.
The mechanics start with Pump.fun converting protocol fee revenues, denominated in SOL, into stablecoins as a treasury management exercise. What makes it structurally significant is the size. At 4.656 million SOL sold, Pump.fun stands as the largest repeat seller in the Solana ecosystem, and every transaction lands on a market that is already navigating contested technical terrain.
Pumping fun(@Pumpfun) sold another 122,498 $ sol($10.08 million) again today!
In total, https://t.co/C909I8882s Sold 4,656,826 $ sol($794.8 million) with an average price of $170.7.https://t.co/kyztoJLCjt pic.twitter.com/2h8uBe4rB9
– Loconchain (@loconchain) July 8, 2026
As of now, the odds of expecting SOL to reach $90 by the end of July have fallen to 38.5%, down from levels that seemed more achievable before this latest tranche hit the order books.
Whether this 38.5% probability hits additional It depends on how the broader SOL structure holds up, and the technical picture is really mixed at the moment.
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Can Solana price recover to $90 before July close?
SOL has lost some momentum after last week’s rally, falling to around $78. The decline has cooled sentiment, but has not erased the recent recovery. Traders are now faced with a familiar question: Is it a healthy break or something uglier?
However, some technical signals remain positive. Ali Martinez noted that the three-day SuperTrend indicator issued its first buy signal since October 2025. Meanwhile, Michael van de Poppe continues to monitor the $75 to $77 area, arguing that it needs to hold if buyers want another push higher.
US dollar sol, Tradingview
This leaves SOL at an interesting crossroads. A bounce off support could bring $90 back into play, with $100 being the next target. On the other hand, if buyers remain calm, the price may continue to roam between the upper $70s and mid-$80s as Pump.Fun continues to feed the market with new supplies.
The downside is easier to identify than the upside. A clean move below $77 would weaken the current setup and shift attention towards the $50 lows. No one likes to talk about trapdoors until someone steps through one.
Right now, $80 is the level that everyone keeps checking. Staying above that level would give bulls something to build on. A drop below it again is likely to keep traders cautious for longer.
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LiquidChain targets early positioning while SOL tests structural support
The 38.5% likelihood of SOL reaching $90 by July, and the spot price trading below its weekly open, illustrates the ceiling issue facing large-cap altcoins at this point in the cycle.
Even a bullish case towards $100 would mean only a 27% upside from current levels, squeezed by the excess supply that Pump.fun’s treasury operations keep going. For those looking at risk-adjusted entry points, the math is important.
All eyes are on LiquidChain. 👁⟁https://t.co/vqvBcdSQYC pic.twitter.com/GsuIe1xMnJ
– Liquid Chain (@getliquidchain) July 7, 2026
LiquidChain It is a tier 3 infrastructure project that addresses a different set of issues: fragmented liquidity across Bitcoin, Ethereum, and Solana. Its architecture integrates these three ecosystems into a single execution environment through what it calls a unified liquidity layer, enabling single-step cross-chain transactions and deploying a smart contract architecture that is accessible across the three networks.
Currently pre-sale price is $0.01477with 890 thousand dollars Uploaded so far. However, for participants tracking cross-chain settlement infrastructure as a structural topic, current access data is available at LiquidChain pre-sale page.
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Neil is a professional cryptocurrency content writer with years of experience. He has written for numerous cryptocurrency websites to report breaking news, and has been hired by all kinds of cryptocurrency projects, to create content that will increase their exposure and attract more potential investors.
