Solana News Today: Pump.fun Launches GFF to Stabilize PUMP Amid Whale Selling Pressure

Pump.fun has introduced the Glass Full Foundation (GFF) as part of its broader liquidity strategy aimed at stabilizing and boosting the value of select Solana-based meme tokens, including its native PUMP token. Following the announcement, PUMP’s price rose nearly 8% to $0.02221, reflecting strong short-term market reaction to the initiative [2]. The foundation has already committed $1.69 million to liquidity support, with a significant portion allocated to tokens such as TOKABU and HOUSE [2].

To counterbalance aggressive selling from large holders, Pump.fun also executed a major buyback campaign, investing $6.68 million in PUMP tokens over a week beginning on August 1, 2025 [4]. This move was prompted by a surge in whale activity, including a notable sale of 1.11 billion PUMP tokens for $3.79 million—netting a $362,000 profit—on August 8 [1]. Since July, presale holders have offloaded nearly 60% of their initial token supply, intensifying downward pressure on the price [1].

Despite these challenges, PUMP has shown resilience, with its price increasing by approximately 34% between August 1 and August 8 [4]. However, analysts remain cautious, noting that the token’s liquidity remains thin, with a turnover ratio of 0.25, making it highly susceptible to large trades [1]. The recent volatility also highlights the broader instability in the crypto market, where other tokens have similarly experienced sharp price fluctuations [6].

Pump.fun’s efforts to stabilize PUMP have included not only buybacks but also token burns. Since August 1, the team has burned 8.74 billion PUMP tokens, further reducing supply and potentially supporting price [4]. The combined impact of these measures is evident in the token’s recent performance, though the long-term sustainability of the recovery remains uncertain given the ongoing selling pressure and market dynamics.

As of the latest report, PUMP was trading at $0.0034, down 28% over the past seven days, with a daily trading volume of $300 million [1]. Analysts have warned that without sustained buyback momentum or broader adoption, the token could face renewed downward trends [3].

The GFF represents a strategic shift in Pump.fun’s approach to liquidity management, as the platform seeks to maintain relevance in an increasingly competitive landscape. The launch coincides with the emergence of rival platforms like LetsBonk.fun, which has gained traction with backing from the Bonk community and its integration with Raydium [2]. This development underscores the growing importance of liquidity, governance, and community engagement in the meme coin sector.

Sources:

[1] title: PumpFun Buys Back PUMP Tokens Amid Selling Pressure from Whales

url: https://coinmarketcap.com/community/articles/6896421255ec7778c0d49237/

[2] title: PumpFun Launches Glass Full Foundation to Boost Meme Coin Liquidity

url: https://www.coindesk.com/markets/2025/08/08/pump-fun-creates-liquidity-arm-to-back-memecoins-amid-revenue-slump

[3] title: Analysts Cautious on PUMP’s Short-Term Recovery Amid Whale Pressure

url: https://www.ainvest.com/news/solana-news-today-pump-jumps-8-83-pump-fun-launches-glass-full-foundation-fuel-ecosystem-growth-2508/

[4] title: PumpFun Burns 8.74 Billion Tokens as Part of Buyback Strategy

url: https://coincentral.com/pump-fun-launches-glass-full-foundation-to-boost-top-memecoins-driving-market-rally/

[6] title: Meme Coins Face Broader Market Volatility Amid PUMP’s Decline

url: https://www.ainvest.com/news/solana-news-today-pumpfun-spends-6-68m-buy-pump-whale-selling-surge-2508/