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PUMP token jumps 17% amid $466M buyback program, boosting weekly gains to 38%.

Protocol Fundamentals
29 Sep 2026
Blockonomi
View Source
Bullish
PUMP token jumps 17% amid $466M buyback program, boosting weekly gains to 38%.

The PUMP token surged 17% in 24 hours, extending its weekly gains to 38%, driven by Pump.fun's aggressive buyback program which has spent over $466 million to reduce circulating supply by nearly 17%. The platform's seven-day revenue reached $15.16 million, surpassing competitors like Hyperliquid. Technical resistance is noted near $0.0055, with potential for further gains if this level is breached. Regulatory guidance from the SEC on buyback programs adds context but does not directly affect PUMP's classification. Market analysts view PUMP's price action as a key indicator for broader altcoin momentum.

Pump.fun's PUMP token surge is noted alongside Pluang's cryptocurrency market data as of Sep 29, 2026 14:41 WIB. For readers following major cryptocurrencies, 30 of 50 priced assets rose today while 19 fell. Among these, GRT dropped 5.21% to Rp549 with 92% sell orders, COTI fell 4.48% to Rp232 with 80% buy orders, and COMP gained 4.24% to Rp438,823 with 69% sell orders.

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