Solidus Labs Uncovers Telegram Pump-and-Dump Scheme on Solana and BNB Chain

Blockchain risk monitoring firm reports ‘PumpCell’ group profited $800,000 in October 2025 by manipulating micro-cap token prices.

BNB

SOL

84d ago

Summary

Solidus Labs identified a Telegram group named ‘PumpCell’ engaging in coordinated pump-and-dump activities on Solana and BNB Chain, rapidly inflating micro-cap token valuations to seven figures within minutes. The firm estimated $800,000 in profits from these operations in October 2025 and issued warnings about increasingly sophisticated patterns of digital asset abuse.

Terms & Concepts

Pump-and-Dump: A market manipulation scheme where asset prices are artificially inflated (pumped) through misleading information, then sold off (dumped) for profit.
Micro-cap Tokens: Cryptocurrencies with very small market capitalizations, often more volatile and susceptible to price manipulation.
BNB Chain: A blockchain network developed by Binance, supporting smart contracts (self-executing blockchain code) and decentralized applications.