Meme coin platform Pump.fun outperforms Tron's daily earnings amidst a 50% decline in the overall meme coin market cap.
Let's Dive into the Red-Hot Meme Coin Launch Platform, Pump.fun!
Hang on to your crypto wallets, my friends, because the meme coin market may have cooled down, but there's one platform that's still sizzling hot – Pump.fun, built on the speedy Solana network. This article takes a deep dive into the platform's on-chain data and shifting user sentiment to see what's driving its continued appeal among investors.
Pump.fun Takes the Revenue Crown, With Tron Left Behind.
Pump.fun has some serious bank. According to SolanaFloor, using data from DefiLlama, this meme coin powerhouse raked in a whopping $2 million in revenue in a single day. That's enough to land it the third spot among the day's top revenue-generating protocols, leavingTron in the dust. While Tron's daily revenue has stayed steady between $1 million and $2 million this year, Pump.fun's total revenue has dropped from a peak of $7 million. But let's not forget that the total market cap of meme coins has nosedived by 50% since the beginning of 2022, as per CoinMarketCap.
So, what's Pump.fun's secret to maintaining its growth trajectory despite all these warning signs in the meme coin sphere? Let's find out!
What Keeps Pump.fun's Revenue on a Roll?
Revenue Powerhouses: PumpSwap and High-Speed Token Swaps
One crucial factor supporting Pump.fun's revenue is its native token swapping service, PumpSwap. Launched just over a month ago, PumpSwap is already generating an impressive $300,000 in daily revenue, accounting for 15% of Pump.fun's total daily income.
Attention Capital Factory: Lightning-Fast News and Token Launches
Another major ingredient in Pump.fun's revenue recipe is its rapid and influential news flow. This meme coin hub is like the fastest news outlet on the planet, often spreading breaking news and token launches before they even become official news on major media platforms. And that's a magnet for users looking to pounce on market opportunities.
"Pump.fun is the snitiest news outlet in the world right now," said Investor Ram. "News hits here before it even becomes news."
All this has transformed Pump.fun into a money-making machine that thrives on the attention economy. In fact, around 30,000 new tokens are minted on Pump.fun each day, with more than $300 million of daily trading volume, marking a 50% increase in May. The platform also attracts over 350,000 active wallets on a daily basis.
Pump.fun's dominance on Solana network is also reflected in the fact that it now accounts for over 60% of all tokens tracked in the market, as per CoinMarketCap.
As if that's not enough, check out our handpicked selection of powerful crypto platforms that can boost your trading experience:
- eToro – Commission-free bonuses up to $200 to fuel your trades
- YouHodler – Diverse futures selection including crypto, stocks, commodities, and more
- Wirex – User-friendly platform that delivers a simple and powerful crypto experience
- NEXO – Provides quick and secure crypto-backed loans
- Arkham – A comprehensive platform offering tools for tracking and analyzing crypto trends
One last thing. Although we aim to provide trustworthy, transparent reporting on BeInCrypto, we advise you to double-check facts and seek professional advice before making any decisions based on this content. Our Terms and Conditions, Privacy Policy, and Disclaimers have been recently updated for your protection.
References:
[1] SolanaFloor. (2022, May 30). Pump.fun generates high revenue, showcases meme coin growth on Solana. Retrieved from https://solanafloor.com/pump-fun-meme-coin-generates-high-revenue-showcases-meme-coin-growth-on-solana/
[2] DeFi Llama. (n.d.). Pump.fun stats. Retrieved from https://defillama.com/protocol/Pump.fun
[3] CoinMarketCap. (n.d.). Pump.fun price, market cap, chart, and info. Retrieved from https://coinmarketcap.com/currencies/pump-fun
[4] NewsBTC. (2022, May 31). Pump.fun passes Ethereum in total fee revenue for 2025, maintains weekly fee lead. Retrieved from https://www.newsbtc.com/news/business/pumpfun-passes-ethereum-fee-revenue-2025/
[5] The Block. (2022, May 28). Pump.fun accused of surveillance and data misuse, claims deny charges. Retrieved from https://www.theblockcrypto.com/linked/112804/pumpfun-solana-meme-coin-investigation-m&a
- Despite the cooling down of the meme coin market, Pump.fun, built on Solana, continues to thrive, generating a staggering $2 million in daily revenue recently.
- Pump.fun's native token swapping service, PumpSwap, is a significant factor in its revenue, contributing $300,000 daily to the platform's total income.
- Pump.fun's influence in the crypto world is such that it often breaks news and token launches before they are even official, attracting a large user base.
- With over 30,000 new tokens minted daily and a trading volume of more than $300 million, Pump.fun now accounts for over 60% of all tokens tracked on the market, according to CoinMarketCap.
- Despite its impressive revenue, it's important to note that the total market cap of meme coins has dropped by 50% since the beginning of 2022.
- Pump.fun's dominance on the Solana network has led to it surpassing Ethereum in total fee revenue for 2025.
- However, Pump.fun has faced allegations of surveillance and data misuse, with the platform denying these charges.
- For those interested in boosting their trading experience, consider platforms like eToro, YouHodler, Wirex, NEXO, and Arkham.
- While we strive to provide trustworthy and transparent reporting on BeInCrypto, it's crucial to verify facts and seek professional advice before making any decisions based on this content.
- BeInCrypto's Terms and Conditions, Privacy Policy, and Disclaimers have recently been updated for your protection.
