Solana -based memecoin launchpad pump.fun recorded the strongest income of Sunday 2025 in mid -August as the sector recovered from a sinking earlier this month.
Decentralized Finance (DEFI) Data Tracker Defillrama shown That pump.fun has formed $ 13.48 million between August 11 and Sunday, the most powerful weekly performance of the platform revenue since February.
The increase came after a sharp income collapse from July 28 to August 3. At that time, it only brought Pump.Fun to just $ 1.72 million in weekly income, the lowest since March 2024. It contributed to the collapse of the platform income in July, its Minimum monthly income This year.
The downfall of income coincides with a broader decline in the Memecoin market. CoinMarketCap data shown That on August 3, the Memecoin sector declined a $ 62.11 billion market cap, a 20% fall from $ 77.73 billion appreciation on July 28, wiping nearly $ 16 billion a week.
Pump.fun gets the top area in the rankings of Solana Launchpad
Pump.fun’s increasing income coincides with a rebound in the wider memecoin space.
According to CoinMarketCap, the Memecoin sector recovered nearly $ 75 billion on August 11 before refusing $ 70 billion on Sunday. At the time of writing, the Memecoins had a total cap of $ 66 billion.
At the same time the strongest weekly income record, the pump.fun platform also captured its dominance in the rank of Solana Memecoin Launchpad.
On July 7, a newly launched Solana’s platform called Letsbonk Took the top area for 24 -hour incomeExcessive pump.fun.
According to Solana Decentralized Exchange (DEX) Aggregator Jupiter, Letsbonk’s dominance continued throughout Julyhaving more shares in the market than the pump.fun on many occasions.
However, Jupiter’s data suggests The pump.fun is that the No. 1 place. In the last seven days, the platform has 73.6% market sharing and recorded $ 4.68 billion in trading volume.
In addition, Jupiter data has shown that the platform also has 1.37 million entrepreneurs and over 162,000 token mints on Sunday.
Letsbonk, its closest rival, rode a 15.3% market sharing and a $ 974 million weekly trading volume. It has 511,000 merchants and over 6,000 token mints.
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Pump.fun faced $ 5.5 billion suits
Despite the re -developing momentum, the pump.fun faces legal challenges. A class lawsuit filed on January 30 Related the platform using “Guerrilla Marketing“To create artificial ease around Pabagu -new tokens.
On July 23, the lawsuit was amended and Called memecoin launchpad an “unlicensed casino.” The amended filing is said to be the structure of the pump.fun imitating a “rigged slot machine,” where only the first few players won by dumping their tokens with later participants. The lawsuit allegedly said the investor’s losses have reached $ 5.5 billion.
Despite the lawsuit, the platform continues to be great. According to a dune analytics dashboard, life’s living platform is already there reached $ 800 million.
Solana Labs co-founder Anatoly Yakovenko commented on the platform’s potential. On Wednesday, Yakovenko Says It has a shot at the development of a global streaming platform.
https://www.youtube.com/watch?v=GPWMOGCVLC
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