Pump.fun, a Solana-based memecoin launchpad, generated $33.73 million in revenue over 30 days, surpassing Hyperliquid's $32.73 million. Despite Hyperliquid having a much larger total value locked ($6.041 billion vs. $251.4 million), Pump.fun's efficient fee-to-revenue model yields about 24 times more revenue per dollar locked. This revenue surge boosted the $PUMP token by 12%, highlighting Pump.fun's growing dominance in the crypto launchpad space and making its valuation attractive compared to other DeFi tokens. The platform's ease of use and higher revenue conversion rate could shift competitive dynamics in crypto ecosystems.
PUMP's price surged 10% in 24 hours driven by increased launches on Pump.fun and higher trading volume, which rose 8.89% to $179.28 million. The platform's growing usage and Holder Rewards program are boosting demand and network revenue, which hit $7...
Pump.fun (PUMP) surged 9.6% to $0.0038 after successfully defending a key support level at $0.0034. The rebound was driven by the project's aggressive token buybacks—240 million tokens repurchased recently—which reduced supply and eased selling press...
