According to @jessepollak, Coinbase now supports depositing and withdrawing SOL using the Base network, enabling direct SOL transfers between Coinbase and Base for exchange users, source: @jessepollak on X (Dec 23, 2025). Coinbase Markets confirmed the feature is live and stated that moving SOL on Coinbase Exchange is now easier, source: Coinbase Markets on X (Dec 23, 2025). Further implementation details are provided by Coinbase’s help center, source: Coinbase Help Center.

According to @WatcherGuru, Coinbase has enabled Solana (SOL) deposits and withdrawals via the Base network as of Dec 23, 2025 (source: @WatcherGuru, Dec 23, 2025). For traders, this introduces a new SOL transfer rail between Coinbase accounts and Base-connected venues; verify the Base network option in the Coinbase deposit/withdrawal selector and review any displayed fees and limits before moving funds (source: @WatcherGuru, Dec 23, 2025).

According to Lookonchain, Pumpfun has made another significant deposit of 65,284 SOL, valued at $8.16 million, to Kraken. To date, Pumpfun has deposited a total of 2,799,060 SOL, equating to $534 million, at a price of $191 per SOL. Additionally, they have sold 264,373 SOL for $41.64 million USDC at a price of $158 per SOL. This indicates a strategic move in SOL trading, with potential impacts on SOL liquidity and price levels on Kraken.