The Solana-based meme coin launch platform Pump.fun recorded one of its strongest revenue weeks of 2025 in mid-August, following a recovery from a downturn earlier in the month.
Decentralized finance (DeFi) data tracker DefiLlama shows that Pump.fun generated $13.48 million in revenue during the week from August 11 to the following Sunday, marking the platform's strongest weekly revenue performance since February.
This growth came after a sharp decline in revenue from July 28 to August 3. During that period, Pump.fun's weekly revenue was only $1.72 million, the lowest level since March 2024. This led to a decrease in the platform's revenue for July, making it the lowest monthly revenue of the year.
The revenue decline coincided with a broader downturn in the meme coin market. According to CoinMarketCap, on August 3, the meme coin sector's market capitalization fell to $62.11 billion, down 20% from a valuation of $77.73 billion on July 28, evaporating nearly $16 billion in a week.
The revenue growth of Pump.fun coincided with a rebound in the broader meme coin space.
According to CoinMarketCap, the meme coin sector recovered to nearly $75 billion on August 11, before dropping to $70 billion on Sunday. As of the time of writing, the total market capitalization of meme coins is $66 billion.
In addition to the strongest weekly revenue record, the Pump.fun platform has regained its dominance in the Solana meme coin launch platform rankings.
On July 7, a newly launched Solana platform, LetsBonk, took the top spot in 24-hour revenue, surpassing Pump.fun.
According to Solana decentralized exchange (DEX) aggregator Jupiter, LetsBonk maintained its dominance throughout July, often capturing more market share than Pump.fun.
However, Jupiter data indicates that Pump.fun has reclaimed the top position. In the past seven days, the platform held a 73.6% market share, with a trading volume of $4.68 billion.
Additionally, Jupiter data shows that the platform had 1.37 million traders and over 162,000 tokens minted during that week.
Its closest competitor, LetsBonk, lagged with a 15.3% market share and a weekly trading volume of $974 million. It had 511,000 traders and just over 6,000 tokens minted.
Despite regaining momentum, Pump.fun is facing legal challenges. A class-action lawsuit filed on January 30 accuses the platform of using "guerrilla marketing" to create an artificial sense of urgency around volatile tokens.
On July 23, the lawsuit was amended, labeling the meme coin launch platform as a "rogue casino." The amended complaint claims that Pump.fun's structure mimics "manipulated slot machines," where only the top players win by selling tokens to later participants. The lawsuit alleges that investor losses have reached $5.5 billion.
Despite the lawsuit, the platform continues to perform well. According to a Dune Analytics dashboard, the platform's lifetime revenue has reached $800 million.
Anatoly Yakovenko, co-founder of Solana Labs, commented on the platform's potential. On Wednesday, Yakovenko stated that it has the opportunity to build a global streaming platform.
Related: UK banks tighten control over crypto payments, with 40% of users reporting recharge obstacles
Original article: “As meme coins rebound in August, Pump.fun regains top spot among Solana launch platforms”
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
