Report Exposes 98.6% of Solana Meme Coins on Pump.fun as Fraudulent

A new report by blockchain analytics firm Solidus Labs reveals that 98.6% of tokens launched on Solanas Pump.fun and 93% of liquidity pools on Raydium exhibited signs of fraudulent activity, including pump-and-dump schemes and rug pulls. Solanas Low Fees Fuel Explosion of Meme Coin Fraud, Research Shows The findings, detailed in Solidus Labs 2025 Rug []https://news.bitcoin.com/report-exposes-98-6-of-solana-meme-coins-on-pump-fun-as-fraudulent/
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