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.
XRP has seen a decline in ETF inflows for the second consecutive month, with net inflows nearly turning negative in July. Trading volumes have dropped significantly, indicating weak market interest, and on-chain data suggests a distribution phase whe...
The PUMP token from Pump.fun has risen over 35% in the past week, breaking above key daily moving averages and resistance levels near $0.0022-$0.0024. This rally follows a major token distribution in July and is supported by a revenue-funded buyback ...
