Pump.fun Rises Again Amid Legal Storm and Market Whiplash


The Solana-based memecoin launchpad Pump.fun experienced a notable shift in its financial performance in mid-August 2025, regaining its market dominance after a period of decline. According to DefiLlama data, Pump.fun generated $13.48 million in weekly revenue between August 11 and August 18, marking its strongest weekly earnings since February 2025 [1]. This resurgence came after a significant dip in the previous week, where the platform earned only $1.72 million, the lowest since March 2024. The decline in revenue coincided with a broader downturn in the memecoin sector, with the market cap of the sector falling to $62.11 billion on August 3, a 20% drop from its $77.73 billion valuation on July 28 [1].

The rebound in Pump.fun’s revenue coincided with a recovery in the memecoin market, with the sector’s total market cap rising to nearly $75 billion on August 11 before dipping to $70 billion by Sunday [1]. Alongside the revenue increase, Pump.fun regained its top position in the Solana memecoin launchpad rankings. The platform secured a 73.6% market share in the last seven days, recording $4.68 billion in trading volume. In comparison, its closest competitor, LetsBonk, held a 15.3% market share with $974 million in weekly trading volume [1]. Jupiter data further highlighted Pump.fun’s dominance, noting 1.37 million traders and over 162,000 token mints in the week [1].

Despite these positive developments, Pump.fun faces ongoing legal challenges. A class-action lawsuit, initially filed on January 30, 2025, was amended on July 23 to describe the platform as an “unlicensed casino,” alleging that its structure mimics a “rigged slot machine,” where only the first few participants profit at the expense of later users. The lawsuit claims investor losses have reached $5.5 billion [1]. However, the platform continues to generate substantial revenue, with its lifetime earnings reaching $800 million, according to a Dune Analytics dashboard [1].

Crypto analyst forecasts suggest a potential decline in the price of PUMP, the native token of Pump.fun. Analysts predict the token could fall to as low as $0.00232, reflecting broader market sentiment and regulatory scrutiny. The current price of PUMP is $0.0040, with a 11.77% increase recorded over the past 24 hours [2]. The token has a circulating supply of 354 billion and a market cap of $1.41 billion [2]. Despite recent gains, PUMP remains 43% below its all-time high of $0.0068 [2].

The Pump.fun ecosystem has a total market cap of $3.75 billion, reflecting a -13.8% change in the last 24 hours [3]. This ecosystem includes tokens launched via Pump.fun, such as Fartcoin and TROLL. The market cap and dominance of these tokens fluctuate, indicating the volatile nature of the memecoin market [3]. Additionally, Pump.fun’s role as a launchpad is underscored by its ability to simplify the creation and trading of memecoins, enabling users to launch tokens with minimal technical knowledge [2].

The future trajectory of Pump.fun remains uncertain amid legal challenges and market volatility. Solana Labs co-founder Anatoly Yakovenko has expressed optimism about the platform’s potential, suggesting it could evolve into a global streaming platform [1]. Nonetheless, the platform must navigate regulatory and market pressures while maintaining its position as a leading launchpad in the Solana ecosystem.

Source:

[1] Pump.fun Regains Top Spot in Solana Memecoin Launchpad (https://cointelegraph.com/news/pumpfun-solana-memecoin-revenue-lawsuit-august-2025)

[2] PUMP Price, Live Charts, and Marketcap (https://www.coinbase.com/price/pump-fun-solana)

[3] Top Pump.fun Ecosystem Coins by Market Cap (https://www.coingecko.com/en/categories/pump-fun)

[4] Pump.fun Chart, & Supply Details – PUMP Price (https://www.gemini.com/prices/pump)



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