- Pump.fun gained a 49.6% market share on Solana Launchpads in the last 24 hours.
- 24-hour trading volume surged to $495 million, reflecting increased user activity.
- Liquidity reached $465 million, supported by 370,000 traders and 14,568 newly minted tokens.
Pump.fun recorded a sharp rise in Solana Launchpad market share, reaching 49.6% following recent coin launches. This activity contributed to a notable surge in platform usage over the last 24 hours. Moreover, Pump.fun saw a significant $495 million in 24-hour trading volume, emphasizing the scale of user participation. Alongside this, the platform registered 370,000 active traders within the same period.
These figures mark one of the largest short-term trading spikes for a Solana-based launchpad in recent activity. The market movement signals a possible shift in user engagement and coin launch strategies. The community shows mixed reactions, reflecting debate over token sales and engagement tactics.
Trading Volumes Surge as Liquidity Strengthens
In addition to market share growth, Pump.fun’s liquidity also demonstrated substantial expansion. Over the last 24 hours, total liquidity reached $465 million, reflecting strong market support. Interestingly, this inflow of liquidity coincided with the growth in exchange activity reflecting greater assurance among the participants.
Moreover, 14,568 new tokens were minted on the platform during the same time frame. These mints underscore the speed at which new exploits are made populace on the platform, leading to its vibrant ecosystem.
Pump.fun Sees Surge in Trader Participation and Token Minting Activity
Trader engagement formed a crucial part of Pump.fun’s recent growth. The number of traders on the platform during the observed period was 370,000. This amount highlights a relevant user involvement with Solana Launchpad projects. On top of this, 110 bonded transactions were registered on Pump.fun (0.76%).
Although this figure of bonded percentage is relatively low, it reflects a certain segment of users interested in further engagement via bonding mechanisms. The 24-hour period also showed a notable increase in token minting on Pump.fun. The platform added an additional 14,568 new mints, cementing its place in the launching of new Solana-based tokens.
Such an activity is linked directly to sustaining and possibly expanding the market share of a platform. The active minting process, along with the liquidity and successful involvement of traders, contributed to the further strengthening of the leading role of Pump.fun among Launchpads on the Solana network.
