SOL Outshines Crypto Majors Amid ETF Exodus—PumpFun Vows Overhaul
Solana steals the spotlight as Bitcoin ETFs hemorrhage capital—again. Meanwhile, PumpFun scrambles to save face with promises of 'transformation.' Because nothing says trust like a meme platform's sudden crisis of conscience.
Here's the breakdown:
SOL Flexes Its Muscles
While the broader market sweats over ETF outflows, SOL quietly dominates. No flashy announcements—just relentless outperformance. Eat your heart out, Wall Street.
The Great ETF Cash Grab
Investors yank funds from crypto ETFs faster than a rug pull. Who needs regulated products when you've got decentralized chaos, right?
PumpFun's Come-to-Jesus Moment
The meme coin factory suddenly discovers ethics. 'Changes are coming'—just don't ask what took them so long. A masterclass in reactive PR.
Bottom line: The crypto circus rolls on. SOL thrives while traditional finance plays catch-up, and platforms born from speculation now pretend to adult. Only in this market.
‘Natural fit’ for expansion
Zhao said the decision to back Triv stemmed from its “proven market leadership” and alignment with local regulations, calling the Indonesian platform a “natural fit for a long-term strategic partnership.”
He noted that the timing reflects MEXC’s wider ambitions to grow in high-potential, regulated markets across Southeast Asia.
Founded in 2015, Triv is one of Indonesia’s longest-running digital asset platforms. The exchange is fully licensed to offer spot trading, staking, and derivatives, and claims over 3 million registered users. It also operates a crypto media division, CryptoWave, and supports more than 1,000 digital assets including Bitcoin, Ethereum, meme coins, and synthetic U.S. stock products.
Triv said the deal WOULD help expand products, boost liquidity, and strengthen infrastructure amid rising compliance demands. It will retain operational independence. MEXC Ventures signaled more regional investments may follow.
The partnership would allow Triv to scale while maintaining its identity, Zhao said.
“For Triv’s users, partnership with MEXC means enhanced services and reliability coupled with the Core values and independence that have earned their trust over the last nine years,” he told Decrypt.