Solada Bring Cardano creators come Pump_fun With ADA rewards

Solada report say dem don earn pass ₳65,000 rewards across 252 coins for im first nine days. Im token wey dem launch for snek.fun rank second by market capitalization for October 18 snapshot of completed launches, just behind SongMarketCap.

By SongMarketCap

Cardano News - Solada Bring Cardano creators come Pump_fun With ADA rewards

Solada.fun⁠ dey allow Cardano creators launch tokens for Pump.fun using their existing Cardano wallets and collect creator rewards for Cardano. Im cross-chain service connect Cardano communities with Solana memecoin trading audience,

dey coordinate launches, token backing, and reward accounting between the two networks.

Nine Days of Trading and Creator Rewards

According to their latest update, Solada record ₳65,611.24 rewards wey creators and holders earn across 252 coins during the first nine days. The team still report say dem burn 5,750,263 Solada tokens and the token market capitalization reach about ₳2.34 million.

Earlier update put cumulative trading volume for the equivalent of ₳6.7 million over the platform first eight days.

The rewards figure na platform-wide earnings. E no show how much don already withdraw, and the total no belong only to holders of Solada own token.

Solada token launch for snek.fun. One October 18 snapshot of completed launches, wey dem arrange by market capitalization, place $SOLADA second around ₳2.18 million. SongMarketCap $SONG dey lead the category around ₳41.72 million, while Talos follow Solada around ₳877,000. The later ₳2.34 million valuation come from Solada newer update.

As e dey alongside their own token, Solada still run one platform wey other creators fit use to launch coins and build communities around them.

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Cardano Wallets, Token Launches, and Shared Rewards

Solada describe their cross-chain offering as the first Cardano launchpad on Solana.

Creators fit start Pump.fun launch from a Cardano wallet without managing separate Solana wallet for the process.

The published launch form specify ₳15 fee for this route. From that amount, ₳7 cover blockchain costs, while the remaining ₳8 dem divide equally between initial Pump.fun purchase and funding the coin Cardano liquidity. Optional personal token purchase no join the launch fee.

The platform dey collect creator fees wey the launched coin Pump.fun activity generate and dey account for rewards wey dem go pay the launcher. Creators fit choose to share part of their rewards with holders.

The launch interface get holder-sharing setting and options for rewards inside Cardano native currency or selected token. The account area dey show difference between accumulating earnings, rewards wey ready to claim, and amounts wey dem don already claim.

Solada still offer Cardano-only launch option. Coins wey dem create through that route go trade for Cardano without Solana mint or Pump.fun market, so e be 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 describe one reserve-backed model wey dem design to prevent corresponding token units from circulating for the two networks at the same time.

Tokens dey release for Cardano after equivalent quantity reach the Solana reserve. To move them back, the corresponding Cardano units must first return to reserve before Solana tokens go release. This backing arrangement apply to cross-chain coins; Cardano-only launches get their own supply for Cardano.

The markets retain separate liquidity. Prices and trading depth fit different, while cross-chain settlement depend on confirmed transactions and available reserves.

Solada dey publish reserve-reporting page wey describe wallet holdings, recorded obligations, and token backing. E provide references wey users fit compare with public blockchain explorers. That reporting dey accompany custodial system: Solada dey control the reserve wallets and their keys.

Users therefore go depend on the team security and operational reliability. If keys lost or compromise, e fit put backing and unclaimed rewards for risk, and individual memecoins fit lose their entire value.

Solada launch their own token for snek.fun and now dey give other Cardano creators route to Pump.fun. Creators fit launch from Cardano wallet, reach Solana traders, and claim their share of creator fees back for Cardano.