Pump.fun’s Buybacks and Binance Listing Drive $2B-Plus Price Surge

Pump.Fun’s native token, PUMP, has experienced a significant surge in value, rising more than 22% within a 24-hour period and reaching a price of approximately $0.0056 as of September 10, 2025. This sharp increase has pushed the token's market capitalization back toward the $2 billion threshold, while daily trading volumes have spiked by 130% to reach $443 million. The price rally has attracted attention from traders across the crypto space, with many pointing to the recent Binance.US listing and aggressive buyback strategy as key catalysts.

The Binance.US listing marked a pivotal development for PUMP. Deposits for the token became available on September 9, 2025, with trading against USDT commencing the following day. The inclusion of PUMP on one of the largest U.S.-based exchanges significantly increased its exposure and liquidity, offering new and institutional investors a trusted platform to engage with the token. The listing not only enhanced accessibility but also signaled broader institutional recognition of the project.

Complementing the listing, Pump.fun has implemented a robust buyback program since August 2025. Over $84 million has been allocated to repurchasing tokens, effectively reducing the circulating supply by 6.11% within less than two months. This strategy has created artificial scarcity, which in turn has supported the price. Analysts highlight that the buybacks are funded by the platform’s substantial cash reserves—exceeding $2 billion—which also serve as a foundation for reinvestment into creator growth and ecosystem expansion. The buyback strategy has been praised for its transparency and consistency, reinforcing investor confidence.

Pump.fun has also emerged as a leading player in the Solana-based memecoin launchpad ecosystem. According to recent data, the platform captured 62% of launchpad revenue in August 2025, a sharp increase from 24% the previous month. The platform currently supports more than 38,000 active wallets, far outpacing smaller competitors like LetsBonk.fun. Additionally, Pump.fun has expanded its ecosystem through initiatives such as “MEXC Mondays,” where new community tokens are listed weekly. These partnerships contribute to the token's utility and adoption.

From a technical perspective, the charts suggest that PUMP remains in a strong uptrend. The relative strength index (RSI) is currently at 73, indicating the market is slightly overbought but not yet at a critical inflection point. Key resistance is noted at $0.0058, while a strong support level is observed at $0.0047. Analysts project that sustained buyback efforts and favorable market sentiment could potentially drive PUMP toward a price target of $0.007 in the near term. A breakout past current levels would likely lead to increased institutional and retail participation.

Pump.fun's revenue model continues to outperform many of its peers in the decentralized exchange space. As of September 10, 2025, the platform has generated $808 million in lifetime revenue, surpassing competitors like PancakeSwap and Raydium. Some analysts have classified PUMP as the second-highest revenue-generating protocol in the crypto market, trailing only Tether and Circle. This financial strength underpins the buyback program and positions the project for continued expansion.