Solana Price Skyrockets as Creators Get Rich with 50% Revenue Share – Here’s Why

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In a surprising twist of fate, Solana has smashed through the $180 barrier, propelled by the almighty force of Pump.fun’s new revenue-sharing scheme. Looks like those creators are about to cash in big time! 💸

Solana (SOL) Rockets Past $180 as Pump.fun Gifts Creators 50% of the Pie

On Tuesday, Solana shot up to $183.61, a solid 5.8% gain, as Pump.fun revealed its brilliant (or maybe just greedy?) new initiative: giving coin creators 50% of the revenue. Oh, the power of good PR and even better incentives!

The platform is now throwing creators a bone, offering them 0.05% in SOL per trade. This could *really* spark a creator frenzy and keep those tokens flying off the shelves. It doesn’t matter if it’s a brand-new coin or one that’s just graduated to PumpSwap—everyone gets a slice of the action. 🍰

With 1.7 million views and a boatload of attention, market participants are eating it up. The creator economy is getting its big moment, and Solana is riding high on a fresh wave of speculative traders and builders. Let’s see how long this ride lasts. 🏄‍♂️

Expect Solana to keep charging ahead as meme-fueled platforms like Pump.fun inject even more hype into the market. The question is, can they keep up the momentum, or will this be another flash in the pan? 🤔

Traders Pile Into Solana as Derivatives Data Confirms Bullish Sentiment

For those wondering if this is all just another market pump, fear not! Coinglass derivatives data shows that Solana’s not just hot on the charts—it’s also pulling in serious cash. Open interest surged 8.43% to $7.40 billion on Tuesday. That’s no small change!

Sure, trading volume dropped by 18.26% to $16.13 billion, but that’s nothing compared to the massive inflow of capital. Traders are clearly positioning themselves for the long haul. 📈

Even the options market is jumping on the bandwagon, with open interest up 5.01% to $13.13 million. Options volume may have dipped, but the sentiment? It’s overwhelmingly bullish. 📊

Long bets are dominating the market. On Binance, the long/short ratio is a hefty 2.31, and OKX isn’t far behind with 1.65. Traders are throwing their weight behind a Solana surge. Meanwhile, $19.46 million worth of positions got wiped out, mostly from shorts. Ouch. 😬

Combine that with Pump.fun’s creator-friendly model, and you’ve got a recipe for more Solana gains. Analysts are looking at $190 to $195 as the next potential target, and with all this hype, who’s betting against it? 🙌

Solana’s Next Move: Price Aiming for $190–$195 Range

Solana is holding steady at $183.29, comfortably above the $179.11 midline of the Keltner Channel. This suggests that the bullish momentum is likely to continue. If you’re not in yet, maybe it’s time to jump in. 🏃‍♂️💨

We’ve seen consistent closes above the KC basis line, signaling strength in the uptrend. With Solana trending near the upper band, the next breakout could very well hit that coveted $190–$195 range. Time to start getting excited. 🚀

The strong bullish candles since May 9, paired with growing volume, indicate that buyers are committed to this rally. Plus, the Parabolic SAR at $154.80 is comfortably below the current price, suggesting that any dips are likely to be brief corrections rather than the start of a downturn. 🙏

And let’s not forget the Bollinger Band %B indicator at 32.89, keeping SOL in the upper half of its volatility range—another sign that this rally has legs. If things keep rolling, we could see a surge to $195 soon. 💥

Of course, if Solana falls below $179, expect a retest of the KC midline or maybe even the 20-day SMA around $160.47. But hey, that’s a risk worth taking, right? 🤷‍♂️

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2025-05-14 06:51