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The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its first hour has slipped from 41% to 38% just days ahead of the July 12 launch.

Pump.fun, the oldest and most successful memecoin launchpad on the Solana (SOL) network, completed its oversubscribed initial coin offering (ICO) over the weekend in 12 minutes. The highly decorated launchpad sold 12.5% of PUMP’s token maximum supply, thus raising $500 million at a valuation of around $4 billion.

Pump.fun has launched a new real-time revenue dashboard, allowing anyone to transparently track the platform’s daily revenues and its corresponding $PUMP token buybacks. The feature, now live at fees.pump.fun, gives users a direct look into the financial activity of the popular memecoin launchpad.

Solana recently reached a key milestone, reaching 100,000 transactions per second (TPS), to CoinMarketCap. The result, achieved during stress testing, asserts Solana’s claim as one of the fastest in the industry.

disbelief pump

Solana’s decentralized application (dApp) ecosystem reached new heights in November 2024, with to unprecedented levels. The blockchain itself generated $92 million, while Solana-based dApps achieved an all-time high of $365 million. This explosive growth highlights the increasing adoption and profitability of Solana’s ecosystem.

The Pump.fun (PUMP) token witnessed a sharp 15% downturn over the last 24 hours as intensifying selling pressure and millions in liquidations pushed the asset to a critical technical juncture.

Pump.fun has championed meme coin creation, riding the explosive energy of Solana’s lightning-fast blockchain. In less than a year, it has helped turn a lucky few into millionaires–516 wallets, to be exact, according to Dune Analytics.

A power shift is underway in Solana’s hyperactive memecoin market. For the first time since early 2024, Pump.fun—once the undisputed king of meme launches—has been dethroned. Rising star LetsBonkFun, backed by the BONK community, has surged past Pump.fun across multiple metrics: token launches, platform revenue, and market share. With over 19,000 tokens launched in 24 hours and a growing share of ecosystem value, the platform is no longer just a competitor—it’s a credible contender to lead Solana’s next meme-coin cycle.

A power shift is underway in Solana’s hyperactive memecoin market. For the first time since early 2024, Pump.fun—once the undisputed king of meme launches—has been dethroned. Rising star LetsBonkFun, backed by the BONK community, has surged past Pump.fun across multiple metrics: token launches, platform revenue, and market share. With over 19,000 tokens launched in 24 hours and a growing share of ecosystem value, the platform is no longer just a competitor—it’s a credible contender to lead Solana’s next meme-coin cycle.

As of July 28-29, Pump.fun’s daily revenue has fallen below $300,000 for the first time since September 2024, according to . This marks a 92% decline from its peak, when revenue soared over $7 million per day and monthly totals exceeded $130 million in January 2025.

Six major centralized exchanges have now received over $142 million worth of PUMP tokens following the successful completion of Pump.fun’s $500 million Initial Coin Offering (ICO).

After a much-hyped Initial Coin Offering (ICO) last weekend, the Pump.fun (PUMP) token is facing its first major test, with its price dropping over 15% in the last 24 hours to trade about $0.004355 on Saturday, July 19. But while the price chart is flashing warning signs, a massive surge of activity in the futures market suggests many traders are betting big on a recovery.

The Pi Network token (PI) has surged nearly 8% in the past 24 hours, driven by a dramatic 194.78% increase in trading volume, signaling a strong inflow of fresh interest. Yet despite this impressive short-term performance, PI remains down over 19% for the month.

Solana’s decentralized application (dApp) ecosystem reached new heights in November 2024, with to unprecedented levels. The blockchain itself generated $92 million, while Solana-based dApps achieved an all-time high of $365 million. This explosive growth highlights the increasing adoption and profitability of Solana’s ecosystem.

Solana’s memecoin community is captivated as its two largest launchpads, Pump.fun and LetsBonk.fun, collide in a battle for supremacy, with Pump.fun narrowly reclaiming its top spot for daily token launches.

On June 16th, X (formerly Twitter) suspended Pump.fun’s official account and co-founder Alon Cohen’s handle, along with several other memecoin profiles. This move cut off a major channel where users discovered new tokens, sparking panic across crypto Twitter just hours after Pump Fun teased a token launch on a pre‑market trading platform. However, Pump.fun has now returned to X after a 24-hour suspension.

The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its first hour has slipped from 41% to 38% just days ahead of the July 12 launch.

The hype around Pump.fun’s upcoming ICO may not be translating into full market confidence, as the decentralized prediction market Polymarket shows the probability of the ICO selling out within its first hour has slipped from 41% to 38% just days ahead of the July 12 launch.

The Pump.fun (PUMP) token witnessed a sharp 15% downturn over the last 24 hours as intensifying selling pressure and millions in liquidations pushed the asset to a critical technical juncture.