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Solana-Based Pump.fun Becomes Top Player in Meme Token Deployment


by Izabela Anna
for CoinEdition

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Solana-Based Pump.fun’s $368M Fee Income Lead Meme Tokens
  • Pump.fun dominates Solana meme tokens, driving 85.71% of Binance-listed SOL assets.
  • With $368M in fees, Pump.fun ranks 8th among crypto networks for revenue generation.
  • PNUT leads Pump.fun tokens, exceeding $1 billion market cap, showcasing immense growth potential.

Pump.fun has become a major player in the meme token ecosystem, achieving exceptional growth since its April 5, 2024 launch. The platform’s dominance in token deployment, fee generation, and market relevance highlights its potential as a leader in the meme token space.

With strategic roots in the Solana network and developer-friendly mechanisms, Pump.fun is changing how meme tokens are created and traded. The platform’s impact extends to decentralized exchanges (DEXs) and major crypto exchanges like Binance.

Pump.fun’s Impressive Growth and Market Dominance

In just 239 days, Pump.fun generated $368 million in fee income, averaging $1.54 million daily. It deployed over 4 million tokens, with an average of nearly 17,000 new tokens daily. The platform processes 388 million transactions monthly, surpassing other DEXs.

Additionally, tokens launched by Pump.fun dominate the Solana network, …

The post Solana-Based Pump.fun Becomes Top Player in Meme Token Deployment appeared first on Coin Edition.

Read the article at CoinEdition

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$ 3.46

$ 129.51

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$ 0.0387

+0.77%

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In This News

Coins

$ 3.46

$ 129.51

-2.79%

$ 0.0387

+0.77%

Share:

Read More

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Solana-Based Pump.fun Becomes Top Player in Meme Token Deployment


by Izabela Anna
for CoinEdition

Share:

Solana-Based Pump.fun’s $368M Fee Income Lead Meme Tokens
  • Pump.fun dominates Solana meme tokens, driving 85.71% of Binance-listed SOL assets.
  • With $368M in fees, Pump.fun ranks 8th among crypto networks for revenue generation.
  • PNUT leads Pump.fun tokens, exceeding $1 billion market cap, showcasing immense growth potential.

Pump.fun has become a major player in the meme token ecosystem, achieving exceptional growth since its April 5, 2024 launch. The platform’s dominance in token deployment, fee generation, and market relevance highlights its potential as a leader in the meme token space.

With strategic roots in the Solana network and developer-friendly mechanisms, Pump.fun is changing how meme tokens are created and traded. The platform’s impact extends to decentralized exchanges (DEXs) and major crypto exchanges like Binance.

Pump.fun’s Impressive Growth and Market Dominance

In just 239 days, Pump.fun generated $368 million in fee income, averaging $1.54 million daily. It deployed over 4 million tokens, with an average of nearly 17,000 new tokens daily. The platform processes 388 million transactions monthly, surpassing other DEXs.

Additionally, tokens launched by Pump.fun dominate the Solana network, …

The post Solana-Based Pump.fun Becomes Top Player in Meme Token Deployment appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.46

$ 129.51

-2.79%

$ 0.0387

+0.77%

Share:

In This News

Coins

$ 3.46

$ 129.51

-2.79%

$ 0.0387

+0.77%

Share:

Read More

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

JPMorgan Arranges $50M Tokenized Debt on Solana: Galaxy Digital Issues, USDC Settles

JPMorgan expanded its digital asset strategy with a new commercial paper issuance exe...
Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

Keel Launches $500M ‘Tokenization Regatta’ to Bootstrap Solana’s Real-World Asset Market

The race to tokenize global finance found a new engine in Abu Dhabi today. During the...