Pump.fun has surpassed a significant milestone by achieving over $704 million in protocol revenue, reflecting its impact within the Solana ecosystem. The platform has launched 25,847 tokens in just 24 hours, showcasing its rapid growth.
The introduction of a community revenue-sharing model is aimed at enhancing engagement and incentivizing coin creators. Alon Cohen highlighted the need to empower the community through rewards.
Market dynamics indicate fluctuating performance for Solana (SOL), with recent statistics suggesting mixed results. Insights also point to Pump.fun's model as a potential blueprint for future decentralized finance developments.
Full story here: https://coincu.com/338227-pump-fun-700m-revenue-solana
