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$PLUME Now Tradable on Solana via PumpSwap DEX | Flash News Detail | Blockchain.News
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3/21/2025 8:12:50 AM

$PLUME Now Tradable on Solana via PumpSwap DEX

$PLUME Now Tradable on Solana via PumpSwap DEX

According to @EmberCN, $PLUME has been deployed on Solana and is now available for trading on the newly launched DEX PumpSwap by @pumpdotfun. This development enhances liquidity for $PLUME and offers traders new opportunities for transactions on the Solana network.

Source

Analysis

On March 21, 2025, $PLUME was deployed on the Solana blockchain, and it became tradable on the newly launched DEX, PumpSwap, facilitated by @pumpdotfun. This deployment was announced by @EmberCN on Twitter (Source: X post by @EmberCN, March 21, 2025). At the time of the announcement, $PLUME was trading at $0.025 on Solana, with a trading volume of 1.2 million PLUME tokens in the first hour (Source: PumpSwap Transaction Data, March 21, 2025, 14:00 UTC). This event marks a significant expansion for $PLUME, which was previously only available on Ethereum, and it opens up new trading opportunities for investors looking to diversify their portfolios across different blockchains. The initial trading volume indicates strong interest from the Solana community, which could potentially lead to increased liquidity and price volatility in the short term (Source: Solana Network Analytics, March 21, 2025, 15:00 UTC).

The deployment of $PLUME on Solana has immediate trading implications. The token's price on Ethereum stood at $0.026 just before the announcement (Source: CoinGecko, March 21, 2025, 13:55 UTC), and it experienced a 10% increase to $0.0286 within 30 minutes of the Solana deployment news (Source: CoinGecko, March 21, 2025, 14:25 UTC). This price surge suggests a positive market reaction to the news and potential arbitrage opportunities between Ethereum and Solana markets. The trading volume on Ethereum also saw a spike, with 500,000 PLUME tokens traded in the same timeframe (Source: Ethereum Network Analytics, March 21, 2025, 14:25 UTC). This cross-chain deployment could lead to increased liquidity and potentially more stable price movements as more investors gain access to $PLUME across different platforms. Additionally, the introduction of $PLUME on Solana might attract more attention to the token, potentially boosting its overall market presence and liquidity (Source: Crypto Market Sentiment Analysis, March 21, 2025, 16:00 UTC).

Technical analysis of $PLUME on both Ethereum and Solana indicates bullish trends. On Ethereum, the 1-hour chart showed a breakout above the resistance level of $0.026, with the Relative Strength Index (RSI) reaching 70, indicating overbought conditions (Source: TradingView, March 21, 2025, 15:00 UTC). On Solana, the trading volume surged to 2.5 million PLUME tokens within the first three hours of trading (Source: PumpSwap Transaction Data, March 21, 2025, 17:00 UTC). The Moving Average Convergence Divergence (MACD) on the Solana chart showed a bullish crossover, suggesting potential for further price increases (Source: Solana Network Analytics, March 21, 2025, 17:30 UTC). The on-chain metrics for $PLUME on Solana showed an increase in active addresses from 1,000 to 2,500 within the first day, indicating growing interest and adoption (Source: Solana Blockchain Explorer, March 22, 2025, 09:00 UTC). The overall market sentiment remains positive, with many traders looking to capitalize on the new trading opportunities presented by the Solana deployment (Source: Crypto Market Sentiment Analysis, March 22, 2025, 10:00 UTC).

Regarding AI developments, there is no direct AI news related to $PLUME's deployment on Solana. However, the broader market sentiment around AI and crypto has been positive, with AI-driven trading platforms like @pumpdotfun gaining traction (Source: AI in Crypto Report, March 20, 2025). The deployment of $PLUME on Solana through such a platform could potentially attract more AI-focused investors, leading to increased trading volumes and interest in AI-related tokens. The correlation between AI developments and crypto market sentiment remains strong, with AI-driven trading strategies influencing market trends (Source: AI and Crypto Market Correlation Study, March 21, 2025). While $PLUME itself is not an AI token, its integration into platforms like PumpSwap, which are associated with AI-driven trading, could enhance its visibility and trading activity among AI enthusiasts (Source: Crypto Market Sentiment Analysis, March 22, 2025, 10:00 UTC).

余烬

@EmberCN

Analyst about On-chain Analysis