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Pump.fun's Revenue Is Still the Anomaly of the Cycle

The Solana launchpad continues to generate hundreds of millions in annualized fees from a single core product — at a fraction of the headcount of any comparable startup.

Theresa Volkov//Mar 14, 2025//5m

Markets

Pump.fun-Driven Solana Priority Fees Reach Record

Memecoin trading volume on Solana drove network priority-fee revenue to all-time highs, with implications for validator economics and stake yields.

Alejandro Ruiz//Nov 8, 2024//5m

Opinion

Pump.fun's Revenue Will Not Survive a Real Bear Market

The launchpad's nine-figure revenue is impressive and almost entirely dependent on a single procyclical activity that historically goes to zero in downturns.

Theresa Volkov//Aug 2, 2025//5m