TL;DR
- Pump.fun has generated over $398 million to date, emerging as one of the leading memecoin platforms in the Solana ecosystem.
- Despite the overall decline in the memecoin market, which lost over $40 billion in December, Pump.fun continues to show strong daily performance of $14 million.
- Beyond controversies and regulatory warnings, Pump.fun remains an influential and profitable platform in the industry.
The memecoin generation platform on Solana, Pump.fun, has reached impressive revenue figures, despite the slowdown in the global market for these tokens. To date, Pump.fun has generated over 2 million SOL tokens, which is nearly $400 million.
This performance reflects the growing popularity of the platform, which, even with the recent decline in the memecoin market capitalization, continues to stand out in the Solana ecosystem. In November, Pump.fun reached a historic milestone, generating $106 million in decentralized application (DApp) revenue, becoming the first Solana platform to surpass $100 million in monthly revenue.
Memecoin Market Sees $40 Billion Loss
The decline in the memecoin market capitalization was significant, with a drop of over $40 billion in December. According to CoinMarketCap, the total market capitalization of memecoins went from $120 billion at the beginning of the month to $96 billion by the end of December, representing a 20% decrease. This general slowdown affects many platforms in the sector, but Pump.fun has managed to stay strong.
Despite challenges, including harmful content issues transmitted by users and the intervention of the UK’s financial authorities, Pump.fun continues to demonstrate the resilience of its business model behind memecoins. The UK Financial Conduct Authority (FCA) issued a warning on December 6 about the platform, claiming it was promoting financial services without a license, which led to a temporary suspension of its live streaming feature.
Despite the controversies and regulatory actions, the platform remains one of the top revenue generators in the Solana ecosystem. As of 2025, Pump.fun has maintained its daily revenue flow, reaching $14 million, which continues to solidify its position despite the volatility in the memecoin market.
