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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Bitcoin steadied near $60,000 while Aave and Solana ecosystem tokens posted the strongest gains in the latest market session. Decentralized finance activity and tokenized stock trading on Solana drove the advance.
A misspelled token ticker tattooed on a user's forehead has turned into a tradable Solana memecoin worth more than $600,000. The incident stems from a new bounty feature on the Pump.fun platform.
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Hyperliquid's HYPE token has gained 101 percent year to date while decoupling from Bitcoin. The platform's revenue has expanded across multiple sectors. Bitwise's Matt Hougan described HYPE as the most mispriced cryptocurrency.
Hyperliquid's token price crossed $50 this week, driven by early inflows into new spot HYPE exchange-traded funds that outpaced Bitcoin products on an adjusted basis.