Pump.fun, a meme token platform built on Solana, has surpassed Ethereum in terms of weekly fees generated. The platform earned $28.56 million in fees, most of which goes towards the team's treasury. Pump.fun has been successful in retaining active users and attracting new token developers. Despite warnings and the removal of service for UK-based users, the platform still saw an increase in traffic from the UK. Pump.fun is popular among younger demographics and is a key player in popularizing the Solana ecosystem. Additionally, Pump.fun is used for creating AI agent tokens, which is a growing sector in 2025. However, the rise of AI tokens may pose competition for Pump.fun.
- Content Editor ( cryptopolitan.com )
- 2025-01-03
Pump.fun flips Ethereum for weekly revenues