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Haze: GMGN earned $60 million by pledging all Solana assets without selling any

2025-04-06 11:00:26 23 hours ago CoinRank

CONTENT

CoinRank News: GMGN co-founder Haze said at the Hong Kong web3 Carnival that GMGN earned $60 million worth of Solana on Solana, but did not sell any of it and staked all of it. Before founding GMGN, he spent 4 years on on-chain data-related work. This included connecting on-chain addresses with Twitter, insider trading analysis, and on-chain address tags. Now, using GMGN to trade Solana meme coins only takes 0.58 seconds from on-chain to transaction completion, and Solanas average block time is 0.4 seconds.

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