- Pump.fun buys 8,740 SOL in $PUMP, matching 102% of its 6-day revenue via new dashboard.
- Solana mints 18M new tokens in July, driving higher fees and platform engagement.
- Altcoin Season Index up 70% in 30 days as traders eye liquidity-focused tokens.
Pump.fun has launched a new real-time revenue dashboard, allowing anyone to transparently track the platform’s daily revenues and its corresponding $PUMP token buybacks. The feature, now live at fees.pump.fun, gives users a direct look into the financial activity of the popular memecoin launchpad.
The new dashboard provides a constantly updated view of the platform’s financial flows. In a powerful show of its tokenomics, the data shows that over the past six days, Pump.fun has spent approximately 8,740 SOL to buy back its own $PUMP token. This amounts to 102% of the total revenue the platform generated in the same timeframe, meaning it is spending more on buybacks than it’s earning in fees.
Solana Ecosystem and Altcoin Market Heats Up
The move comes as the token creation scene on Solana continues to accelerate. In July alone, the network saw 18 million new tokens created, driving high engagement and platform fees for launchpads like Pump.fun.
Related: Pump.fun’s PUMP Token Sees Volatility as Trading Volume Surges 79%
At the same time, talk of an “altcoin season” has grown louder in early August. The Altcoin Season Index, while still below the key 75-point mark, has climbed nearly 70% over the last 30 days. This signals a clear shift in trader interest toward alternative tokens, even as Bitcoin’s dominance remains high.
Market Dynamics and Competitive Landscape
Despite the new transparency feature, Pump.fun faces stiff competition. The platform has recently lost significant market share to a rival launchpad, LetsBONK.fun, which now reportedly captures around 78% of all token launch activity on Solana.
Related: PUMP Price Tests Critical Floor After $5.9 Million in Bullish Bets Wiped Out
Names such as Hyperliquid, Pump.fun, and Conflux remain in conversation among traders seeking opportunities within the shifting market. As trading patterns change, open platforms with accessible data are taking on a major role in the ongoing cycle of token speculation.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
