In what may be a sign of things to come for the platform, the Solana-based Pump.fun has officially kicked off 2025 by hitting a $14 million daily revenue record. Indeed, the meme coin launchpad officially set the milestone in what is its highest daily revenue mark since it launched a year ago.
For much of 2024, the platform on the Solana blockchain has been massive for the meme coin sector. That has only continued with the arrival of the new year. Indeed, Pump.fun had already accounted for more than 52% of the total decentralized exchange (9DEX) transactions in December.
Source: The Block
Also Read: Solana: VanEck Says SOL Can Reach 50% of Ethereum’s Market Cap
Solana-Based Meme Coin Marketplace Starts 2025 With Daily Revenue Milestone
For more than a decade, meme coins have been a pivotal part of the digital asset industry. Indeed, assets like Dogecoin (DOGE) and Shiba Inu (SHIB) have long sported some of the most passionate and persistent communities that cryptocurrencies have to offer. With the new year upon us, that has shown to be true once again, although in a rather different way.
Solana’s meme coin launchpad, Pump.fun, looks to continue playing its part, as the platform started 2025 by reaching a $14 million daily revenue record. Specifically, the platform surged to the landmark Thursday, its highest figure since it launched in January of last year. Moreover, it propelled the Pump.fun market cap beyond the $9.5 billion mark.
Source: ForKast.news
Also Read: Solana Meme Coin Platform Pump.Fun Removes Stream Feature
The platform generated a remarkable 72.506 SOL in fees, with the network’s native token surging above the $200 mark. Additionally, a host of Pump.fun tokens are up after the record was reached. Specifically, GOAT, MOODENG, and CHILLGUY were up over 10% over the last 24 hours.
The overall success of the marketplace throughout the last year has not come without its challenges. Just a month ago, the platform was banned in the United Kingdom. However, that also has yet to hinder its growth.
Now, it is reportedly looking to cash in on its surging profits. According to Lookonchain, Pump.fun transferred $55 million worth of SOL to Kraken Thursday. To this point, the platform has deposited 1.5 million SOL.
