Pump.Fun: A Profitable Token Creation Platform on Solana
Since its launch in March, Pump.Fun, a token creation platform on Solana, has accumulated nearly a million SOL in fees, equivalent to $150 million. This surge in popularity has led to a significant increase in active addresses, totaling 85,000, including 37,000 new wallets.
With over 2.5 million tokens launched and revenue reaching $147 million, Pump.Fun has established itself as one of the most profitable startups in the crypto world, thanks to its user-friendly interface and well-thought-out economic structure.
Explosive Growth in Active Addresses and New Users
The latest data shows a remarkable increase in active addresses on Pump.Fun, with a total of 85,000 addresses. Of these, 37,000 are new wallets, reflecting the high demand for this service, particularly in the rapidly expanding sector of AI-themed memecoins. This popularity continues to grow, fueled by projects like GOAT that have triggered a new speculative frenzy in the crypto ecosystem.
Pump.Fun Generates Massive Profits
The huge success of Pump.Fun can be seen in the volume of tokens created. Over 2.5 million tokens have been launched through the platform since March, with record-breaking activity recently. On Saturday, a staggering 31,000 tokens were created in a single day, the majority of which were AI-themed memecoins. In just 24 hours, 5,550 addresses emitted 7,500 tokens, highlighting the platform’s popularity and ease of use.
Pump.Fun’s economic model is based on extremely low issuance fees. Each user can create their own token for less than $2, with the option to choose the number of tokens, a theme, and an accompanying image. When a token reaches a market cap of $69,000, a portion of its liquidity is deposited on Raydium, a Solana-based exchange platform, and a portion is burned, contributing to maintaining the price push.
Pump.Fun: A Success Model in the Crypto Sector?
The creators of Pump.Fun are fully capitalizing on the platform’s success. According to Lookonchain data, one of the accounts connected to the platform’s fees sold over $6 million worth of SOL on Monday, bringing total sales to over $78 million, approximately 500,000 SOL. While Pump.Fun is now also accessible on the Base and Blast networks, it is primarily used for token issuance on Solana.
Since its inception in March, Pump.Fun has generated $147 million, making it one of the most profitable startups in the crypto world. These figures not only confirm the platform’s appeal but also the team’s ability to capitalize on the rise of memecoins and the growing demand for fast, affordable, and accessible token issuance solutions.
The Future of Pump.Fun: A Continual Growth Trajectory
With soaring revenues and a rapidly expanding user base, Pump.Fun has established itself as an essential platform in the crypto landscape. The tool, which combines user-friendly simplicity with a well-thought-out economic structure, seems well-positioned to continue riding the wave of memecoins and AI while attracting new users and investors.
