The new lawsuit against Solana could completely destroy it.

Solana Labs and PumpDotFun are now under direct allegations of market manipulation and are being reviewed by a U.S. District Court.

The claim is straightforward:

That Solana’s backend infrastructure allowed certain participants to gain execution advantages, enabling them to snipe coins faster than users and then sell those tokens to retail traders for profit.

The U.S. District Court describes it like this:

“What appeared to be a fair, automated marketplace was, Plaintiffs say, structurally tilted to extract value from ordinary users while rewarding those with privileged access to Solana’s infrastructure and Jito Labs’ transaction ordering tools.”

In other words:

Retail was playing on delayed internet. Others were on fiber.

At first, PumpDotFun was the main focus of the lawsuit.

Now the scope has widened.

The court is examining whether Solana’s infrastructure itself - including transaction ordering, MEV tooling, and execution mechanics created an uneven playing field, even if unintentionally.

The plaintiffs now claim they have access to over 5,000 leaked internal chat logs, allegedly showing awareness of how these advantages functioned and who consistently benefited from them.

And that changes everything.

This is no longer just about a memecoin platform.

It’s about whether the base layer that powered it delivered different outcomes depending on a user’s level of access.

If the court concludes that Solana’s infrastructure systematically advantaged certain participants over retail, this won’t stay contained to PumpDotFun.

It becomes a Solana problem.

This is a federal court asking whether a blockchain that claimed to be permissionless was actually stacked against users.

That’s why this matters.

And that’s why this is serious.

With the amount of DEX volume Solana processes every year, you can only imagine how much they netted.

In theory, Solana could own a massive percentage of almost every coin traded on the network.