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DOGE $0.1017 +2.24%
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BCH $445.28 -0.82%
LINK $9.02 -2.35%
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XLM $0.1596 -1.42%
ZEC $321.39 -4.12%

Data: Pump.fun accounted for over 70% of token issuance on the Solana chain in the past two days

2025-01-06 23:17:35
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ChainCatcher news, according to Decrypt, the meme coin issuance platform Pump.fun has accounted for over 70% of the token issuance on the Solana network in the past two days, contributing more than 56% of decentralized exchange trading activity. In just the past 24 hours, Pump.fun has issued over 45,000 tokens, with a total issuance exceeding 5.5 million for the year.

Although only 0.0085% of the issued tokens have a market cap exceeding 1 million dollars, the platform still stands out with significant revenue performance, reaching 79.94 million dollars in December, surpassing mainnets like Tron and Bitcoin.

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