Token launch panel pump. fun It was responsible for nearly 70% of all transactions on the Solana network over the past two days. Her dominance on Saturday is her highest since the podium Disable the controversial streaming feature In November.
During the past week, Solana (SOL) rose by 12%. The bull run was driven, in part, by coin trenches. Pump.fun is the most preferred place to create coins and buy and sell them for more 5.5 million tokens are generated On the podium at her one year old.
on saturday, pump. fun It represents 71.1% of all tokens created on the Solana network and 69.5% on Sunday, according to Sand dune data. One of the main reasons for the protocol's dominance over other methods is that it lowered the barrier to entry, simply allowing users to create a token in minutes even if they lack the technical or financial capabilities.
However, other projects have tried to replicate its success. For example, Moonshotwhich was created by popular cryptocurrency site DEX Screener, and launched in June. But it failed to make a significant impact. Moonshot alone launched more than 1,000 tokens per day Twice in DecemberIn comparison, Pump.fun was launched 45,000 in the last 24 hours Lonely.
With this, Pump.fun has accounted for 56.2% of total transactions On Solana Decentralized exchanges So far this month – though Only 1.21% of tokens generated Reaching the point where they are listed on decentralized exchanges.
But this dominance is nothing new for Pump.fun. The platform first recorded more than 70% dominance in SPL tokens launched on Solana, according to Dune data, in November when Pump.fun Live streaming has boomed.
During the live broadcast, the Degens opened their cameras Perform wild stunts Like shooting a gun out their window, cutting off the head of a chicken, or faking their own suicide for money. While this helped push Pump.fun Solana's dominance to an all-time high of 75.5%, it It went too far in the end It resulted in the removal of the live streaming function.
The platform's dominance then fell to 53% by December 17, and spent most of the month in the 60s - temporarily reaching 71% on December 27.
With its roots in decadence, Pump.fun has recently become a breeding ground for the cutting edge Development in artificial intelligence. With AI agents creating tokens on the platform as a way to promote their brand, raise funds and reach a wider audience.
As such, Launchpad's success did not diminish after the live broadcast went off the air. according to DevillamaIt has now generated monthly revenues of over US$79.94 million, more than the top tier networks You see (TRX) and Bitcoin (BTC).
Modified by Stacey Elliott.
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