Solana's Pumpdotfun Surpasses $100M Revenue, Overtakes SunPump

Aug 31, 2024, 01:01 PM

The Solana meme coin launch platform, Pumpdotfun, has achieved a significant financial milestone by surpassing $100 million in total revenue. This accomplishment highlights the platform's growing influence in the cryptocurrency space, as it has recently overtaken SunPump in 24-hour revenue. The rapid revenue growth of Pumpdotfun raises questions about its overall valuation, given its substantial earnings in fees this year.