Details on what portion of the revenue from this Solana-based memecoin platform will be channelled towards the upcoming PUMP token via the “buyback-powered utility structure” remain hazy. It’s also unclear whether this will encompass revenues derived from PumpSwap, the decentralized exchange that was inaugurated earlier this year. Multiple attempts to reach out to Pump.fun for a comment were met with silence.

As per data from The Block, Pump.fun saw its daily revenue crest at over $7 million on Jan. 23, before settling down to around $1 million daily. The platform has raked in an impressive total revenue of approximately $677 million since its inception in early 2024, positioning it as one of the most successful startups in the crypto sphere.

A source close to the founding team, who wished to stay anonymous, shared with The Block, “The plan is still fluid, but the aim is to have a buyback linked to a part of Pump revenue generated. The idea is for tokens to be unlocked at the TGE for those who partake in the sale, be it private or public.”

Pump.fun initially hinted at a token launch in October of the previous year, when one of the co-founders, who was then unidentified, stated during an X Spaces event that they were “intending to launch a token in the future” to “reward our pioneering users.” Earlier this week, Blockworks reported that the startup is gearing up for an ICO valued at $4 billion. The company has yet to confirm or refute this report, which has sparked widespread discussion in the crypto world.

The PUMP token, set to be offered to both public and private investors, is predicted to be fully unlocked at the token generation event, as per two sources acquainted with the plan. Future token issuances are a possibility, although the total supply is projected to be capped at 1 trillion tokens.

At present, the team is pitching to private investors at $0.004 per token, with plans for a public sale in the pipeline within a fortnight, said one source. A portion of the sale is said to be conducted on exchanges including Binance, and an airdrop is anticipated. Roughly 25% of the token supply will be allocated for the public sale, with an additional 10% earmarked for the airdrop, one source speculated.

“All the revenue we’ve accrued so far is being poured back into the platform,” the founder revealed in October. “We aspire to establish something as monumental as Binance — even surpassing it. Our goal is to democratize this.”

Pump.fun is often lauded for breathing life back into the Solana ecosystem, which was pummelled by the downfall of significant SOL supporter Sam Bankman-Fried. The potential ICO appears to have invigorated recent user activity on Pump, which had been experiencing a notable decline since the year’s commencement. According to data from The Block, the percentage of “graduated” tokens — those that witness enough market activity to transition onto an affiliated decentralized exchange — has shot up to over 4% from a recent low beneath 1%.

Disclaimer: The Block is an autonomous media outlet that provides news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver unbiased, impactful, and timely crypto industry information. Our current financial disclosures can be found here.

© 2025 The Block. All Rights Reserved. This article is intended for informational purposes only. It is not to be utilized as legal, tax, investment, financial, or other advice.

The post Pump.fun Plans to Share Protocol Revenue with PUMP Token Investors, Insiders Report appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Pump.fun unveiled PumpSwap on March 20 with the aim of providing a platform for successful memecoins to transition directly to PumpSwap, thereby sidelining Raydium, one of the premier Solana-based exchanges and automated market makers (AMMs). As per The Block’s data, Raydium had handled a quarter of the total DEX volume in January, surpassing all other exchanges.

However, PumpSwap has quickly risen to the top among Solana DEXs. On a particular Saturday, PumpSwap facilitated 67.4% of the volume handled by multiple major Solana DEXs, while Raydium settled for the second-largest market share at 18.2%. No other exchange managed to capture more than 5% of the market, as per the dashboard.

PumpSwap has netted over $20 million in protocol fees, and liquidity providers have reaped over $5 million in fees. In addition, nearly 700,000 wallets have accessed the protocol. Despite PumpSwap’s success, Pump.fun has recently seen a decrease in exchange volume as the memecoin trading fever subsides. Pump.fun’s team has hinted at future plans for a native token launch.

In the meantime, Raydium is developing a memecoin launchpad named LaunchLab, presumably to rival Pump.fun, as previously reported by The Block. The Block continues to provide objective, impactful, and timely information about the crypto industry, operating independently despite being majorly invested in by Foresight Ventures, which also invests in other crypto companies, including crypto exchange Bitget, an anchor LP for Foresight Ventures.

The post PumpSwap DEX Hits $10 Billion Trading Volume Milestone Within 10 Days of Inception appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

As the XRPL’s inaugural AI-driven decentralized exchange, XploraDEX is at the forefront of introducing advanced trading automation to one of the most competent blockchains in the crypto realm.
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The post Seize the Opportunity: XploraDEX’s $XPL May Be XRP Ledger’s Highest-Earning Launch – Secure Your Spot in PreSale appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Chen will share insights on how Injective is pioneering advancements in areas such as tokenization, blockchain-based stocks, and the amalgamation of traditional and decentralized finance, heralding a fresh epoch of finance.

Here is the official tweet from INJ:

Injective 🥷

@injective

Injective co-founder @ericinjective will be speaking at The Digital Asset Summit next week!

Get a glimpse of how Injective is spearheading the journey towards tokenization, on-chain stocks, and the fusion of TradFi and DeFi, giving rise to a new financial era.

Dated: Mar 15, 2025

Injective Protocol, a decentralized exchange (DEX) protocol constructed on the Cosmos SDK, offers advanced cross-chain trading options. Here are some key features of Injective Protocol:

1. Decentralization: The Injective platform empowers users with complete control over their funds, without any third-party involvement.
2. Cross-chain trading: Injective enables trading across different blockchains, offering users a plethora of tradable assets.
3. High performance: Thanks to the Tendermint consensus system, Injective promises high throughput and minimal transaction latency.
4. Gas-free transactions: Users can trade without the compulsion of paying gas fees.

The native token of Injective Protocol is INJ, which is employed for protocol governance, staking, and participating in voting processes crucial to protocol upgrades and management decisions.

Stay tuned with Coindar for more crypto updates!

The post Injective Protocol Set to Shine at the Upcoming Digital Asset Summit in New York appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

For the past month, starting February 17, Pump.fun has seen its graduation rate remain under 1% – a first in its history. Despite the platform’s graduation rate never being impressively high, with its peak at 1.67% in November, the sheer number of tokens launched on the platform at that time made the percentage more significant. In the week starting November 11, roughly 323,000 tokens were created on Pump.fun, translating to about 5,400 tokens entering Solana’s DeFi economy in a week.

As the volume of token creation decreases on both Pump.fun and Solana, the weekly token graduations have dwindled to an average of approximately 1,500 tokens at the writing time, according to Dune Analytics. The declining graduation rate points to a lessening investor interest in memecoins, which have earned a reputation for being quick cash grabs for their creators or degenerate lottery tickets.

Memecoins are continuing to struggle, despite improving liquidity conditions, according to Matrixport. In February, Matrixport analysts observed that a strengthening US dollar was applying pressure on Bitcoin prices by tightening dollar-denominated liquidity. However, the US dollar has weakened over the past month, leading to some marginal improvements in inflation data and a rebound in liquidity indicators.

Despite these positive shifts, memecoins, which were once one of the strongest narratives during this bull market, continue to struggle significantly, with no apparent recovery. Matrixport’s report highlights that the struggling memecoin market has contributed to a $1 trillion wipeout in the crypto market capitalization.

This wealth redistribution could cause investors to remain cautious about deploying further capital, limiting rebounds. Matrixport analysts warn that this could further lead to Bitcoin declines, potentially retracing to as low as $73,000 — a level they believe will provide “strong support.”

The post The Decline of Memecoins on Pump.fun: Less Than 1% Reach Graduation appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

The prominent feature of the Memecoins is their high growth rate. This growth rate is fueled by the rising purchase from mostly retail investors. Furthermore, the CEO of Binance, also known on Social Media as Changpeng Zhao “CZ,” said in an interview that the Memecoins growth, specifically Dogecoin, is the instant reflection of the “Power of Decentralization.” 

Further, he added that he still doesn’t get the concept of Dogecoin yet. However, the rise in this currency shows the Power of Decentralization. Similarly, if a large number of people from the Crypto community value it because it’s cute and they like the meme, it has value”. 

Moreover, Zhao added that Dogecoin has lasted for so many years. It’s gone high and down, but it’s still in trend. Now, we have Shiba Inu, which is again a meme coin. We have alot more meme coins now!

The Crypto Bubble Including Memecoins

The Binance’s CEO also defined the term “Bubble.” The Crypto Bubble means many digital currencies, including the Bitcoin and meme coins, both are relative terms. Further, he explained that many great companies nowadays, including Amazon, have experienced a high degree at some point in their business lives. He added that the digital currency system would become less volatile and more stable with the additional cash flows.

The post The Memecoins Growth Shows the “Power of Decentralization.” appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.