Pump.fun Starts 2025 with a Record $14 Million in Daily Revenue

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As a seasoned crypto investor with over five years of experience under my belt, I must admit that the recent surge of Pump.fun is nothing short of remarkable. Having witnessed the rise and fall of numerous altcoins throughout the years, I’ve learned to approach the market with a healthy dose of skepticism and cautious optimism.

Pump.fun’s record-breaking revenue of $14 million on January 2 is undeniably impressive, especially considering the platform’s relatively recent launch in 2024. The fact that it accounted for over half of all Solana DEX transactions in December speaks volumes about its dominance within the ecosystem.

However, as a responsible investor who has learned from past lessons, I can’t help but raise an eyebrow at the platform’s recent controversies. From regulatory issues to questionable content on its live stream feature, it’s clear that Pump.fun still has some growing up to do.

That being said, I find myself intrigued by the potential of meme coins and their ability to generate significant returns for early adopters. The astronomical rise of Fartcoin, which jumped over 45% on the day, is a testament to that. But like any investment opportunity, it’s essential to approach meme coins with a well-researched and thoughtful strategy, rather than letting FOMO drive your decisions.

In the end, I’ll be keeping a close eye on Pump.fun as it navigates its challenges and capitalizes on its successes. As for my personal investment strategy, I’ll stick to diversifying my portfolio and always remember that “meme coins are like jokes – some may make you laugh all the way to the bank, while others could leave you wondering why you ever found them funny.

2025 saw the start of Pump.fun, a meme coin launchpad built on Solana, reaching a significant achievement with more than $14 million earned in revenue on January 2. This comes amid a renewed bullish trend in the meme coin market.

On Thursday, the platform collected approximately 72,506 Solana (SOL) in fees, which translates to over $14 million given that SOL was trading above $200. Meanwhile, tokens within the Pump.fun ecosystem are experiencing substantial increases, with meme coins such as GOAT, MOODENG, and CHILLGUY all surging by more than 10% on this day.

Pump.fun Surges with Record Revenue

On its busiest day yet, Pump.fun recorded a staggering $14 million in earnings, a milestone achieved since its initial debut. Despite encountering criticism and hurdles throughout 2024, Pump.fun has emerged as the preferred destination for meme coin creators.

Furthermore, the platform continued to lead in the realm of decentralized exchange (DEX) transactions within the Solana ecosystem. As reported by Dune Analytics, Pump.fun was responsible for a significant 52.8% share of all such transactions in December.

The data from Lookonchain indicated that Pump.fun moved approximately 292,437 Solana tokens, valued at more than $55 million, to Kraken on January 2. This action suggests that the platform is seeking to cash in on Solana’s bullish trend for financial gains.

To date, Kraken holds 1.5 million SOL tokens that the platform has transferred, retaining 71,356 SOL tokens for itself.

Pump.fun’s Record Revenue and the Meme Coin Market

Starting from its debut in early 2024, Pump.fun has garnered significant achievements with Solana-based meme tokens like PNUT, GOAT, and FARTCOIN. These ventures reported some of the most substantial growth in 2024, despite consistent instances of high volatility.

Despite recent crypto market liquidations over the past few weeks, it appears that traders are viewing the new year as an opportunity to enter the market. The surge in Pump.fun earnings indicates a growing curiosity and activity within the meme coin sector. This significant revenue earned by the platform signifies a robust demand for meme coins among traders.

Currently, tokens within the Pump.fun ecosystem are experiencing significant surges as per CoinGecko’s latest data. Fartcoin, in particular, skyrocketed by more than 45%, touching a peak of $1.45. This has pushed the total market capitalization of Pump.fun tokens beyond $9.5 billion.

The fact that Pump.fun remains prominent indicates that users continue to trust the platform, even amidst the difficulties it faced last year.

On December 3rd, the Financial Conduct Authority (FCA) of the United Kingdom issued a statement stating that Pump.fun does not have authorization to serve UK users. Subsequently, the platform has prohibited all its services within the UK. The site is currently inaccessible from within the country.

Furthermore, the live stream function of the platform faced criticism when some users streamed dangerous and inappropriate actions. One significant instance was a developer advocating for self-harm should his cryptocurrency reach a market capitalization of $25 million.

As a researcher studying meme coin trading platforms, I discovered an intriguing piece of data from November’s findings: Over 90% of users who participated in meme coin launches via Pump.fun ended up either losing their initial investment or realizing returns below $100.

In spite of facing criticisms and hurdles, this platform persistently attracts more user interaction because it offers unprecedented ease in developing and releasing meme tokens.

Despite the negative feedback and obstacles, the platform consistently experiences higher levels of participation thanks to its unique simplicity in launching and crafting meme coins.

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2025-01-02 16:58