Pump.fun Surpasses Tron's Daily Revenue, Generates $2 Million in 24 Hours

Pump.fun, a meme coin launch platform built on Solana, has achieved a significant milestone by surpassing Tron's daily revenue. According to data from DefiLlama, Pump.fun generated $2 million in revenue within 24 hours, pushing it past Tron and making it the third-highest revenue-generating protocol for the day, behind only Tether and Circle, the leading stablecoin issuers. This achievement is particularly notable given that Tron’s daily revenue has remained stable between $1 million and $2 million this year, while Pump.fun’s revenue has declined from a peak of $7 million. Concurrently, the total market cap of meme coins has plunged by 50% since the beginning of the year, according to CoinMarketCap.

Pump.fun's success can be attributed to its effective business model, which has allowed it to maintain growth momentum despite ongoing warnings in the meme coin space. The platform has also surpassed Ethereum in total fee revenue for 2025 and has held the top spot for weekly fee generation for nine consecutive weeks. One major factor behind Pump.fun’s revenue is PumpSwap, its native token swapping service. Just over a month after launch, PumpSwap is already generating $300,000 in daily revenue, accounting for 15% of Pump.fun’s total daily income.

Another significant factor contributing to Pump.fun’s revenue is user psychology. The platform has become a hub where breaking news spreads faster than anywhere else. Many users seize opportunities by launching tokens when they sense that a piece of news might attract major attention. This behavior has reached a point where information on Pump.fun sometimes surfaces before official announcements on major media channels. Investor Ram noted, “Pump.fun is really the FASTEST news outlet in the world right now. News hits the trenches before they even become news.” This mindset has turned Pump.fun into a money-making tool that thrives on the attention economy.

As a result, around 30,000 new tokens are created on Pump.fun each day. The platform sees over $300 million in daily trading volume, marking a 50% increase in May. It also hosts 350,000 active wallets daily. Thanks to this activity, Pump.fun has helped Solana account for more than 60% of all tokens tracked in the market, according to CoinMarketCap. Despite the cooling meme coin market, Pump.fun continues to attract investors with its innovative approach and effective business model.