A wallet ending 4Hw4QR withdrew 16,976 SOL, worth about $1.76 million, from Binance and used it to buy 9.32 million STONK at $0.19 during a 33% price decline. STONK then reached a record $0.2234 later the same day, rising 49.4% in 24 hours and more than 1,100% over seven days, lifting the position’s value to about $2.07 million and its unrealized gain to roughly $295,000, assuming it remained unchanged. Stonkfun, a Solana token launchpad, briefly surpassed Pump.fun in daily protocol revenue on Sept. 6 with roughly $1.5 million. Its model allows creators to launch tokens paired with tokenized equities and directs 60% of trading revenue to STONK buybacks and burns, supporting demand while activity remains elevated.