Pump.fun generated $124.7 million in revenue during the first quarter, representing more than a third of Solana's total app revenue. This performance came even as memecoin trading declined across the network.
Pump.fun generated $124.7 million in the first quarter of the year. The platform's earnings accounted for more than one third of all app revenue on the Solana network during that period.
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Circle announced a $222 million presale for its ARC token at a $3 billion valuation alongside first-quarter results. The USDC issuer beat earnings estimates but missed on revenue. Shares rose more than 15 percent on the news.
Solana's token price has continued a downward trend, dropping over 73% from its peak, even as key network metrics surpass those of Ethereum. Spot Solana ETFs saw inflows of over $61 million this month, while Ethereum ETFs experienced outflows. Transaction volumes and active addresses on Solana have also risen significantly.
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Webull announced its financial results for 2025, showing revenue increases despite some quarterly challenges from marketing costs. The company also partnered with Solidus Labs to enhance digital asset monitoring in the US and Canada. This move supports Webull's expansion into cryptocurrency amid regulatory considerations.
Following its $7.33 million milestone last week, Dubai-based Pepeto has raised $7.43 million in its presale as of March 2, 2026. Development of its cross-chain trading platform progresses toward a potential Binance listing, drawing investors betting on an imminent bull run.
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Tesla rapporterade en nettovinst på 477 miljoner dollar för det första kvartalet 2026, vilket innebär en förbättrad lönsamhet jämfört med föregående år. Intäkterna ökade med 16 procent till 22,4 miljarder dollar, drivet av högre bilförsäljning och tjänster. Bolaget lyfte fram tillväxten inom prenumerationer på full självkörningsförmåga mitt under pågående investeringar i AI och robotik.
NetApp (NTAP) redovisade en omsättning på 1,71 miljarder dollar och en vinst per aktie på 2,12 dollar för det tredje kvartalet 2026, vilket överstiger analytikernas konsensus på 1,69 miljarder dollar respektive 2,07 dollar. En analys från Seeking Alpha lyfter fram bolagets stabilitet och potential för tillväxt genom AI-inferens. Artikeln noterar god lönsamhet trots farhågor om minnesbrist.