#solana PumpFun today TGE

🔵 PumpFun — top meme coin launchpad on Solana — is launching a token. Over the year, the platform earned $784 million, dominating the meme coin niche, but trading volumes have collapsed: from $10 billion per month to $4 billion.

🔵 At its peak, the launch of Pumpswap generated $10–13.6 billion in turnover (70% of all traffic!), but now more than half of the volumes are going to Telegram bots and external exchanges, where Axiom Exchange stands out (66% of their volumes).

🔵 PumpFun's leadership is also under threat — with a 90% market share, the platform has fallen below 40%. The main competitor is BonkFun. Currently, 53% of PumpFun's volumes are generated by third-party services, indicating a shift in interest outside of their interface.

🔵 The price of PUMP on Hyperliquid is $0.0052 (this is 30% above the ICO price). But note: the market capitalization of tokens with PumpFun has fallen from $10.2 billion to $4.2 billion, and a quarter of this amount is just Fartcoin. There are risks of centralization.

🔵 The average monthly income is $40 million. However, the decline in volumes and revenues is already prompting a reconsideration of future strategy.