Solada Brings Cardano Creators to Pump_fun With ADA Rewards

Solada reported more than ₳65,000 in rewards earned across 252 coins during its first nine days. Its token, launched on snek.fun, ranked second by market capitalization in an October 18 snapshot of completed launches, behind SongMarketCap.

By SongMarketCap

Cardano News - Solada Brings Cardano Creators to Pump_fun With ADA Rewards

Solada.fun⁠ lets Cardano creators launch tokens on Pump.fun using their existing Cardano wallets and receive creator rewards on Cardano. Its cross-chain service connects Cardano communities with Solana’s memecoin trading audience,

coordinating launches, token backing, and reward accounting between the networks.

Nine Days of Trading and Creator Rewards

According to its latest update, Solada recorded ₳65,611.24 in rewards earned by creators and holders across 252 coins during its first nine days. The team also reported 5,750,263 Solada tokens burned and a token market capitalization of approximately ₳2.34 million.

An earlier update put cumulative trading volume at the equivalent of ₳6.7 million over the platform’s first eight days.

The rewards figure covers platform-wide earnings. It does not establish how much had already been withdrawn, and the total is not exclusively attributable to holders of Solada’s own token.

Solada’s token launched on snek.fun. An October 18 snapshot of completed launches, sorted by market capitalization, placed $SOLADA second at approximately ₳2.18 million. SongMarketCap’s $SONG led the category at around ₳41.72 million, while Talos followed Solada at approximately ₳877,000. The subsequent ₳2.34 million valuation comes from Solada’s newer update.

Alongside its own token, Solada operates a platform that other creators can use to launch coins and build communities around them.

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Cardano Wallets, Token Launches, and Shared Rewards

Solada describes its cross-chain offering as the first Cardano launchpad on Solana.

Creators can initiate a Pump.fun launch from a Cardano wallet without separately managing a Solana wallet for that process.

The published launch form specifies a ₳15 fee for this route. Of that amount, ₳7 covers blockchain costs, while the remaining ₳8 is divided equally between an initial Pump.fun purchase and funding the coin’s Cardano liquidity. An optional personal token purchase is separate from the launch fee.

The platform collects creator fees generated by the launched coin’s Pump.fun activity and accounts for rewards payable to its launcher. Creators can choose to share a portion of their rewards with holders.

The launch interface includes a holder-sharing setting and options for rewards in Cardano’s native currency or a selected token. The account area distinguishes between accumulating earnings, rewards ready to claim, and amounts already claimed.

Solada also offers a Cardano-only launch option. Coins created through that route trade on Cardano without a Solana mint or Pump.fun market, making it a separate offering from the cross-chain launch model.

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Cross-Chain Backing and Public Reserve Reporting

For Pump.fun-linked coins, Solada describes a reserve-backed model designed to prevent corresponding token units from circulating on both networks at the same time.

Tokens are released on Cardano after an equivalent quantity reaches the Solana reserve. Moving them back requires the corresponding Cardano units to return to reserve before the Solana tokens are released. This backing arrangement applies to cross-chain coins; Cardano-only launches have their own supply on Cardano.

The markets retain separate liquidity. Prices and trading depth can differ, while cross-chain settlement depends on confirmed transactions and available reserves.

Solada publishes a reserve-reporting page describing wallet holdings, recorded obligations, and token backing. It provides references users can compare with public blockchain explorers. That reporting accompanies a custodial system: Solada controls the reserve wallets and their keys.

Users therefore depend on the team’s security and operational reliability. Lost or compromised keys could put backing and unclaimed rewards at risk, while individual memecoins can lose their entire value.

Solada launched its own token on snek.fun and now gives other Cardano creators a route to Pump.fun. Creators can launch from a Cardano wallet, reach Solana traders, and claim their share of creator fees back on Cardano.