Solana's Pump.fun Launchpad Earns $1.2B, Ranks Third-Highest Earning Crypto

Pump.fun, a Solana-based memecoin launchpad, has earned over $1.2 billion in revenue since early 2024, making it the third-highest-earning crypto protocol behind Tether and Circle.

The platform generates income through fees on token trades, graduation fees, and its trading product PumpSwap, with a weekly revenue of $12 million.

This success highlights Solana's appeal for retail crypto activity due to low fees and fast transactions, and shows that memecoin trading can out-earn many DeFi platforms.