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Pump.fun Dominates Solana Token Launches, Capturing Over 70% of Issuance
Summary: Meme coin launchpad Pump.fun has seized control of Solana's token creation scene, accounting for over 70% of all token launches on the network in the past two days, according to recent data. The platform also drives more than 56% of decentralized exchange activity on Solana. In the last 24 hours alone, Pump.fun facilitated the launch ...
Meme coin launchpad Pump.fun has seized control of Solana's token creation scene, accounting for over 70% of all token launches on the network in the past two days, according to recent data.
The platform also drives more than 56% of decentralized exchange activity on Solana. In the last 24 hours alone, Pump.fun facilitated the launch of over 45,000 tokens, pushing its total for the year past 5.5 million. Despite only a tiny fraction (0.0085%) reaching a market cap of $1 million, Pump.fun generated an impressive $79.94 million in revenue in December, surpassing major blockchains like Tron and Bitcoin.
Tags: Bitcoin,Pump.fun,Solana,Tron
Link: Pump.fun Dominates Solana Token Launches, Capturing Over 70% of Issuance [Copy]
