Pump.fun Revenue Explodes Past $800M in Solana Memecoin Frenzy

Solana's meme factory hits unprecedented revenue milestone as retail traders chase the next dog-themed lottery ticket.

The DeFi Casino

Pump.fun's revenue engine shows no signs of cooling off—racking up over $800 million as speculators treat meme creation like a high-stakes slot machine. The platform turned token launches into a frictionless assembly line, where anyone with SOL and a dream can mint the next viral sensation overnight.

Zero-to-100 Tokenomics

Forget whitepapers and governance tokens. The new playbook involves animal memes, zero utility, and pure momentum trading. Solana's low fees and blistering speed created the perfect petri dish for this speculative experiment—proving once again that in crypto, fundamentals often take a backseat to collective delusion.

Wall Street's watching this revenue tsunami with equal parts envy and disbelief. Traditional finance spends decades building revenue streams—crypto builds them in dog years. Just don't ask about sustainable value creation.

PumpFun’s Contribution in Driving Meme Coins Trend

PumpFun drove the first major wave of solana memecoins last year. It now faces pressure from a new rival, LetsBonk.fun. The platform launched in April 2025 and quickly grew users through Raydium’s LaunchLab. The Bonk community was also a key contributor in supporting the platform’s growth. 

LetsBonk briefly overtook PumpFun in the number of graduated tokens last month. Pump has since regained the lead. crypto trader WazzCrypto said the change occurred because the top ten memecoin deployers on LetsBonk returned to PumpFun. Their return boosted activity and restored Pump’s position. 

PumpFun’s Revenue

As per data on DeFillama, PumpFun currently earns more than $1 million in revenue per day over the last 14 days. In contrast, LetsBonk’s daily revenue has dropped below $30,000. It had reached nearly $1 million earlier this month. This shows that early gains do not guarantee lasting success for new platforms.

Pump has taken steps to strengthen its position. Last month, it launched its native token in an initial coin offering (ICO), raising $600 million in 12 minutes. The team started a buyback program above market price to stabilize the token and maintain confidence among holders.

Solana faces wider competition from other networks. Base, backed by Coinbase, has become the most active memecoin platform recently. It recorded 57,970 new memecoins on Monday, compared with 32,760 on Solana. Memecoin activity is spreading beyond Solana, drawing more projects and users.

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