STONK surges 250% to $140 million market cap as stock-paired Solana launchpad StonkFun pulls volume to Raydium and Jupiter
60-second summary
STONK surges 250% to a $140 million market cap after its stock‑paired Solana launchpad StonkFun routes volume to Raydium and Jupiter, integrating with Raydium’s LaunchLab on Saturday; the move coincides with RAY climbing over 40%, signaling heightened liquidity flow into Solana‑based DeFi protocols and potentially boosting broader ecosystem adoption in 2024 trading.
The platform integrated with Raydium's LaunchLab on Saturday as RAY also saw gains of more than 40%.