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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.

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

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.

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 planned public token sale for the Solana-based memecoin launchpad Pump.fun has been postponed again, with the team now targeting a mid-July launch, cited by Wu Blockchain. The platform was originally expected to hold the auction on June 25, with the goal of raising $1 billion at a $4 billion valuation.

A power shift is underway in Solana’s hyperactive memecoin market. For the first time since early 2024, Pump.fun—once the undisputed king of meme launches—has been dethroned. Rising star LetsBonkFun, backed by the BONK community, has surged past Pump.fun across multiple metrics: token launches, platform revenue, and market share. With over 19,000 tokens launched in 24 hours and a growing share of ecosystem value, the platform is no longer just a competitor—it’s a credible contender to lead Solana’s next meme-coin cycle.

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.

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.

Solana recently reached a key milestone, reaching 100,000 transactions per second (TPS), to CoinMarketCap. The result, achieved during stress testing, asserts Solana’s claim as one of the fastest in the industry.

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.

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.

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 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.

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.

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.

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.

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.

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.

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.