Pumpfun Dominates Solana's Memecoin Scene
Pumpfun is now the top memecoin launchpad on Solana, growing its market share from 65.2% to 69.7% in just one day (Aug 11–12). Trading volume jumped 441% in a week, showing strong hype around new memecoin launches.
The platform bought $8.42M worth of PUMP tokens last week—making up 97.29% of its weekly revenue. So far, it has spent $33.14M on PUMP, removing 0.729% of the total supply from circulation.
PUMP token price is now above its ICO price ($0.004), with a market cap hitting $4B.
Whale investor @RegbilTrades bought 1.5B PUMP for $6M USDC, then sold at $0.0059, earning $2.85M profit.
Rival BONK_FUN’s bonded token rate surged 200% higher than Pumpfun’s in the past 24 hours—competition is heating up.
Pumpfun moved 86,254 SOL (~$16.22M) to Kraken, following earlier SOL sales worth $41M USDC. This shows smart liquidity moves as the platform stays active.