Solana News Today: Pump.fun Monthly Revenue Plummets 80% as Memecoin Sector Cools

Pump.fun, a prominent launchpad for memecoins on the Solana blockchain, has reached its lowest monthly revenue of 2025, marking a significant decline in the memecoin creation sector. According to DeFi analytics platform DefiLlama, the platform's revenue dropped to $24.96 million in July, an 80% decline from its January peak of over $130 million. This figure follows a steady decline in revenue throughout the year, which had previously dropped to $37 million in March after starting at $90 million in February [1][2].

The decline in Pump.fun's revenue mirrors a broader wane in the memecoin sector, which had seen a surge in trading volume and market capitalization earlier in the year. CoinMarketCap data showed that the sector hit a peak market cap of $85 billion and $17.22 billion in 24-hour trading volume on July 23. However, by mid-August, the valuation had dropped to $65 billion, and daily trading volume had fallen by 67% to $5.59 billion [1].

Activity on Solana’s major memecoin platforms has also slowed. On July 9, Pump.fun recorded a high of 346,000 daily traders and $348 million in volume. By mid-August, the number of daily traders had dropped to 129,000, and the 24-hour trading volume had fallen to $150 million, representing a 62% and 56% decrease respectively. Meanwhile, its competitor, LetsBonk, saw a 25% increase in daily traders to 260,000, but its trading volume decreased by nearly 10% to $453 million [2].

The cooling trend extends to the broader Solana ecosystem, where new token creation has also declined. Solscan data shows that on a single day in August, only 34,040 Solana Program Library (SPL) tokens were minted— the lowest daily mint in the past three months [1]. This indicates a broader shift in investor sentiment away from speculative, community-driven tokens toward more established and utility-focused blockchain projects.

Analysts suggest that the volatility of the memecoin market is being driven by its inherent speculative nature and lack of long-term utility. As a result, many investors are adopting more conservative and value-oriented strategies. The trend reflects a maturing crypto market that is increasingly prioritizing fundamentals over hype [2].

The decline in Pump.fun’s revenue underscores the ongoing challenges faced by platforms that rely on rapidly emerging and fading digital trends. While the sector remains a source of retail enthusiasm, the sustainability of memecoin-driven growth is now in question. The market’s current direction suggests that the memecoin boom may be entering a correction phase, with investors re-evaluating their exposure to speculative assets.

Source:

[1] title1 (https://www.tradingview.com/news/cointelegraph:6f38ba843094b:0-pump-fun-hits-lowest-monthly-revenue-in-2025-as-memecoins-lose-steam/)

[2] title2 (https://mx.advfn.com/bolsa-de-valores/COIN/SOLUSD/crypto-news/96554342/pump-fun-hits-lowest-monthly-revenue-in-2025-as-me)

[3] title3 (https://www.msn.com/en-us/money/savingandinvesting/experts-say-these-are-the-9-best-new-meme-coins-to-join-this-month-stage-15-is-live-now/ar-AA1JzamO)

[4] title4 (https://changelly.com/blog/is-it-late-to-buy-doge-now/)