Solana-Based Pump.Fun Records $15 Million Daily Revenue As Memecoin Mania Continues

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As a researcher who has been closely observing and analyzing the cryptocurrency market for several years now, I must say that the success of Pump.fun is nothing short of remarkable. The memecoin craze continues to be the driving force behind the crypto market’s performance, with Solana-based tokens leading the charge.

Pump.fun has managed to outshine even the mighty Ethereum and most Solana protocols in terms of fees and revenue, which is no small feat. The platform’s daily revenue reaching $15 million on January 1st, 2025, is a testament to its popularity and efficiency.

However, as with any rapidly growing entity, there has been criticism. The controversial use of the Livestream feature and allegations of insider trading have cast a shadow over Pump.fun’s success. Yet, despite these setbacks, the platform continues to thrive, demonstrating resilience and adaptability.

The memecoin sector is like a rollercoaster ride, full of ups and downs, but always exciting. I must admit, I never thought I’d see a token named “Fartcoin” making headlines and reaching new all-time highs. But here we are!

In the spirit of transparency and humor, I can’t help but wonder if the next big memecoin will be “ResearcherCoin,” promising to deliver groundbreaking research reports at lightning speed! After all, who wouldn’t want a piece of that action?

In simple terms, the Solana-based platform Pump.fun kicked off in 2025, raking in an unprecedented $15 million daily income during the memecoin craze. This sector has been leading the pack in performance throughout the cycle, generating wealth for countless investors.

Pump.Fun Sees Record-Breaking Daily Revenue

2024 saw memecoins dominating as the primary storyline, with tokens based on Solana taking center stage. It appears that this trend will persist in the current year, following the exceptional debut of Solana’s launchpad Pump.fun on January 1st, 2025.

In the previous year, Pump.fun emerged as the preferred choice for token launches, simplifying the process of creating memecoins and aiding in token deployment. By Q3 2024, this platform outperformed Ethereum and most Solana protocols, nearly doubling their transaction fees and earnings.

The significant achievement of Pump.fun led to the emergence of various rivals such as SunPump, built on Tron, and GraFun, a versatile platform across multiple chains. Even with its ban in the UK during December, the launchpad maintained strong performance, reporting a daily income ranging from $2 million to $3 million throughout that month.

At present, the platform has distributed approximately 5.39 million tokens since its initial release and amassed over $418.7 million in revenue from these transactions, considering current SOL prices. Additionally, the Solana launchpad set a new record on its first day of 2025, surpassing its previous best performance.

Based on Dune Analytics’ figures, Pump.fun generated approximately $15 million in daily earnings on Wednesday, which is almost a 30% boost compared to the roughly $11.5 million (55,000 SOL) reported towards the end of November.

Furthermore, it’s worth noting that the launchpad remained predominant in Solana’s decentralized exchange (DEX) activities during the past month. Data from Dune indicates that transactions involving Pump.fun made up approximately 52.8% of all SOL DEX transactions for December.

Memecoin Mania Continues Despite Criticism

As a researcher, I must acknowledge that our platform’s widespread success hasn’t come without its fair share of critique. Towards the close of 2024, we faced harsh criticism when some of our users started streaming disturbing and aggressive content via our Livestream service on Pump.fun. This incident was certainly a setback and has prompted us to reassess our community guidelines and safety measures.

Towards the end of November, people generated lots of meme-based cryptocurrencies by using provocative phrases intended to make them popular and boost token values. This behavior became widespread following an incident where a 12-year-old streamed live his action of dumping a memecoin.

In the midst of the turbulent livestream, I noted an unprecedented financial success for our Solana launchpad, with a staggering 55,832 SOL, approximately equivalent to $11 million, being recorded in a single day. This achievement, however, was met with criticism from the cryptocurrency community and necessitated a temporary halt in the use of this feature.

Furthermore, as per reports from on-chain data analysis firm Lookonchain, Pump.fun transferred approximately 355,608 Solana tokens (SOL) to Kraken in the last day. This adds up to a total of 1,564,064 SOL sent to the exchange and equates to 264,373 SOL being sold for around 41.64 million US Dollars.

As a researcher, I’ve noticed that the transactions and asset sales on this platform have faced substantial criticism, with the community drawing parallels between our project and the Ethereum Foundation. The comparison is not lost on me, and it underscores the importance of maintaining transparency and fostering trust within our community.

Despite this, the influence of meme-based cryptocurrencies remains strong within the crypto market. For instance, the “Solana Meme” sector on CoinGecko has risen by 12.5% over the past day, boosting its market capitalization to a staggering $20.9 billion. This growth trend seems poised to persist further.

On January 2nd, newer cryptocurrencies such as AI16Z and FARTCOIN experienced a daily jump of 8.9% and 43.7%, respectively, reaching new peak prices (highest values ever recorded). Notably, these fresh tokens have swiftly gained prominence, quickly climbing to the top 10 list of memecoins, a remarkable achievement in the cryptocurrency sector.

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2025-01-03 11:47