Solana-Based Pump.fun Accounts Restored After Suspension

• Lyla Velez
• September 27, 2025
• News
• 0 Comments

The reinstatement of Pump.fun’s accounts highlights ongoing concerns about meme coins in mainstream crypto discourse, impacting Solana’s network efficiency and reputation.

Pump.fun, a significant player in the meme coin sector, had its accounts suspended from X, impacting trading activities and industry perceptions. The reinstatement of Alon Cohen’s account, the founder’s account, suggests a potential recalibration of social media policies towards crypto projects.

Critics noted the negative effects on Solana’s reputation due to network congestion and meme coin proliferation. Binance Chain has gained a competitive edge, witnessing greater meme coin trading volumes as market dynamics shift.

Significant liquidity movements from established protocols to emerging meme coins were highlighted, raising concerns about Solana’s network stability and compelling market participants to reevaluate their positions. The incident underscores an ongoing regulatory discourse around meme coin platforms and their implications on overall market integrity. These dynamics emphasize the importance of observing TVL and volume shifts for early indicators of capital rotations.

Conversations surrounding the future of meme coins and their regulation are expected to impact market sentiment and strategy significantly. As crypto landscapes continue to evolve in response to such high-profile incidents, it is crucial to consider varied perspectives. As Alon Cohen, Founder of Pump.fun, humorously noted, “Is this thing on?” indicating a return to the scene with possible new directions.