PUMP Explodes 40% to Lead Weekly Gainers as Pump.fun Cements Market Dominance

PUMP isn't just riding a wave—it's creating one. The token surged a staggering 40% this week, outpacing every other major cryptocurrency and cementing its position as the undisputed weekly performance champion.

Pump.fun's Engine Drives Growth

Behind PUMP's explosive rally lies Pump.fun's growing dominance in the meme coin launch space. The platform's frictionless creation model continues attracting both developers and speculators—feeding directly into PUMP's utility and demand dynamics.

Market Responds to Utility Token Momentum

Unlike pure meme plays, PUSP's value proposition ties directly to platform activity. As Pump.fun's transaction volume climbs, so does the token's fundamental case—a narrative that's finally getting traction beyond degenerate gambling circles.

Traders chase the pump while ironically holding the pump—because nothing says sustainable value like a token that literally describes the manipulation tactic itself.

PUMP Climbs 40%, Outshines a Sideways Market

PUMP is one of the best-performing assets over the past week, climbing almost 40% despite the broader crypto market moving mostly sideways during the same period. 

The token’s rally has been fueled by renewed activity on Pump.fun, the Solana-based meme coin launchpad that has regained dominance after briefly losing its spot to LetsBonk.

According to data from solana decentralized exchange (DEX) aggregator Jupiter, Pump.fun’s trading volume has surpassed $4 billion in the past week alone, cementing its dominance as Solana’s leading meme coin launchpad. 

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By comparison, LetsBonk registered just $692 million in trading volume over the same period.

PUMP Bulls Tighten Grip as Indicators Confirm Uptrend Potential

On the daily chart, PUMP’s climbing Relative Strength Index (RSI) confirms the stronger buy-side pressure. At press time, this momentum indicator is at 55.59 and is in an uptrend. 

The RSI indicator measures an asset’s overbought and oversold market conditions. It ranges between 0 and 100. Values above 70 suggest that the asset is overbought and due for a price decline, while values under 30 indicate that the asset is oversold and may witness a rebound.

At 55.59, and rising, PUMP’s RSI signals strengthening bullish momentum. It suggests the token still has room to climb before entering overbought territory. 

Readings from the token’s Balance of Power (BoP) also support this bullish outlook. At press time, this is positive at 0.66, reflecting the bullish tilt in market sentiment. 

The BoP indicator measures the strength of buyers versus sellers in the market. When its value is positive, it suggests that buyers are in control, pushing prices higher. A negative BoP, on the other hand, indicates that sellers dominate, increasing the risk of downward pressure on price.

PUMP Rally Holds Firm, But Bears Could Drag It Back to $0.00325

PUMP’s positive BoP aligns with its rising RSI and recent surge in price. A combined reading of these indicators signals that bulls maintain the upper hand, supporting the case for a continued rally toward the $0.00402 target if momentum holds.

However, if bullish support weakens, the token’s price could plunge to $0.00325.