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Solana’s decentralized application (dApp) ecosystem reached new heights in November 2024, with to unprecedented levels. The blockchain itself generated $92 million, while Solana-based dApps achieved an all-time high of $365 million. This explosive growth highlights the increasing adoption and profitability of Solana’s ecosystem.

The Pump.fun (PUMP) token witnessed a sharp 15% downturn over the last 24 hours as intensifying selling pressure and millions in liquidations pushed the asset to a critical technical juncture.

After a much-hyped Initial Coin Offering (ICO) last weekend, the Pump.fun (PUMP) token is facing its first major test, with its price dropping over 15% in the last 24 hours to trade about $0.004355 on Saturday, July 19. But while the price chart is flashing warning signs, a massive surge of activity in the futures market suggests many traders are betting big on a recovery.

Solana’s memecoin community is captivated as its two largest launchpads, Pump.fun and LetsBonk.fun, collide in a battle for supremacy, with Pump.fun narrowly reclaiming its top spot for daily token launches.

Pump.fun, the Solana-based platform that lets anyone create and trade a memecoin in minutes, is attracting significant attention in the cryptocurrency industry.

Pump.fun, the oldest and most successful memecoin launchpad on the Solana (SOL) network, completed its oversubscribed initial coin offering (ICO) over the weekend in 12 minutes. The highly decorated launchpad sold 12.5% of PUMP’s token maximum supply, thus raising $500 million at a valuation of around $4 billion.

The lawsuit against meme coin platform Pump.fun escalated further into the law firms Burwick Law and Wolf Popper now naming senior leaders from Solana Labs and Jito Labs as defendants.

A simple deposit error has highlighted the immense risks associated with cryptocurrency investments, as one investor lost approximately $6 million in just eight days due to a single oversight.

Six major centralized exchanges have now received over $142 million worth of PUMP tokens following the successful completion of Pump.fun’s $500 million Initial Coin Offering (ICO).

On June 16th, X (formerly Twitter) suspended Pump.fun’s official account and co-founder Alon Cohen’s handle, along with several other memecoin profiles. This move cut off a major channel where users discovered new tokens, sparking panic across crypto Twitter just hours after Pump Fun teased a token launch on a pre‑market trading platform. However, Pump.fun has now returned to X after a 24-hour suspension.

The Pump.fun (PUMP) token witnessed a sharp 15% downturn over the last 24 hours as intensifying selling pressure and millions in liquidations pushed the asset to a critical technical juncture.

Pump.fun, the largest and oldest memecoin launchpad on Solana, has launched the “Glass Full Foundation” (GFF), a new initiative to inject significant liquidity into the most vibrant communities in its ecosystem. The foundation will select and support the most promising memes created on the platform.

Solana’s decentralized application (dApp) ecosystem reached new heights in November 2024, with to unprecedented levels. The blockchain itself generated $92 million, while Solana-based dApps achieved an all-time high of $365 million. This explosive growth highlights the increasing adoption and profitability of Solana’s ecosystem.

Solana’s memecoin community is captivated as its two largest launchpads, Pump.fun and LetsBonk.fun, collide in a battle for supremacy, with Pump.fun narrowly reclaiming its top spot for daily token launches.

A simple deposit error has highlighted the immense risks associated with cryptocurrency investments, as one investor lost approximately $6 million in just eight days due to a single oversight.

Pump.fun, the largest and oldest memecoin launchpad on Solana, has launched the “Glass Full Foundation” (GFF), a new initiative to inject significant liquidity into the most vibrant communities in its ecosystem. The foundation will select and support the most promising memes created on the platform.

The Solana-based memecoin launchpad Pump.fun has pushed back its highly anticipated public token sale to mid-July. The delay follows a series of postponements and comes as the platform contends with a growing storm of legal challenges, including a class-action lawsuit that alleges market manipulation and intellectual property violations.

Even before its official launch, the new PUMP token from the memecoin platform Pump.fun is seeing explosive activity in the derivatives market. Perpetual futures for the token are already trading at a nearly 30% premium over its announced ICO price, a clear signal of strong demand from traders wanting early exposure.

As of July 28-29, Pump.fun’s daily revenue has fallen below $300,000 for the first time since September 2024, according to . This marks a 92% decline from its peak, when revenue soared over $7 million per day and monthly totals exceeded $130 million in January 2025.

The lawsuit against meme coin platform Pump.fun escalated further into the law firms Burwick Law and Wolf Popper now naming senior leaders from Solana Labs and Jito Labs as defendants.