Solana Pump.Fun Hits $15M Daily Revenue Amid Memecoin Craze
The popular Solana-based Launchpad Pump.fun started in 2025 and is generating record daily revenue of $15 million amid the ongoing memecoin craze. The sector remains the best performer this cycle, attracting millions of dollars flowing into the hands of investors.
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Pump.Fun breaks record daily revenue
Memecoin is the biggest narrative of this cycle, featuring Solana-based tokens theft The whole of 2024 is in the spotlight. After the record-breaking performance of Solana’s launch platform Pump.fun on January 1, 2025, the trend looks set to continue this year.
Over the last year, Pump.fun has solidified itself as the most popular token launcher as it simplifies memecoin creation and facilitates token deployment. In Q3 2024, the launchpad surpassed Ethereum and most Solana protocols, doubling fees and revenue for these projects.
The huge success of Pump.fun has spawned several competitors, including Tron-based solar pump and multi-chain platform GraFun. Despite being banned in the UK in December, the Launchpad’s performance remained solid, with daily revenue ranging between $2 million and $3 million throughout the month.
As of this writing, the platform has deployed 5.39 million tokens since launch and generated over 2.02 million SOL in revenue, worth $418.7 million at current prices. Additionally, the Solana launchpad here we go 2025 will mark a new record-breaking day, surpassing previous milestones.
According to Dune Analytics data, Pump.fun’s daily revenue on Wednesday was 72,506 SOL, which is approximately US$15 million. This performance represents an increase of nearly 30% from the 55,000 SOL recorded at the end of November.
Additionally, last month, the Launchpad continued to dominate Solana decentralized exchange (DEX) trading. Dune data shows that Pump.fun related transactions accounted for 52.8% of all SOL DEX transactions in December.
Memecoin mania continues despite criticism
The platform’s success has also brought with it harsh criticism. In late 2024, Pump.fun came under criticism after multiple users used its live streaming feature to broadcast harmful and violent content.
In late November, users used the controversial prompt to create a large number of meme coins, which went viral and skyrocketed in value. This trend begins after the age of 12 live streaming He holds a meme coin himself.
Amid the live streaming chaos, Solana Launchpad set a record for the highest single-day revenue of 55,832 SOL, worth approximately $11 million. However, the incident caused a backlash from the cryptocurrency community and resulted in the feature being temporarily shut down.
In addition, on-chain data analytics company Lookonchain report Pump.fun deposited over 355,608 SOL into Kraken on the last day. This brings the total number of tokens sent to the exchange to 1,564,064 SOL and the amount sold for 41.64 million USDC to 264,373 SOL.
The platform’s transfers and sell-offs have also been met with backlash, with community members pushing for comparisons between the Solana-based launchpad and the Ethereum Foundation.
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Still, the meme coin narrative continues to dominate the cryptocurrency market, with the ‘Solana Meme’ category on CoinGecko Record The market capitalization increased by 12.5% in the past 24 hours to $20.9 billion, indicating that this trend may continue.
Newer player The daily gains of ai16z (AI16Z) and Fartcoin (FARTCOIN) were 8.9% and 43.7% respectively, hitting all-time highs (ATH) on January 2. Ultimately, these relatively new coins stole the spotlight from the industry, making it to the top 10 meme coins in record time.
Featured image from Unsplash.com, chart from TradingView.com