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


by Izabela Anna
for CoinEdition
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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Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor

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Cantor initiated coverage of SOL treasury companies DFDV, UPXI and HODL with an 'over...
MainNewsSolana-Based...

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


by Izabela Anna
for CoinEdition
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

Read More

The Race for a Spot Solana ETF Intensifies as European Giant CoinShares Files in the US

The Race for a Spot Solana ETF Intensifies as European Giant CoinShares Files in the US

The race to launch a spot Solana ETF in the United States has intensified, as major E...
Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor

Solana Treasury Strategy Better Than ETH, Firms Buying SOL Should Trade at Premium: Cantor

Cantor initiated coverage of SOL treasury companies DFDV, UPXI and HODL with an 'over...