On July 1, the daily revenue volume on the Pump meme token launch platform.Solana-based fun reached $1.99 million. The figure exceeded the value of the Ethereum network ($1.91 million), according to DeFi Llama.
Data: DeFi Llama.According to Dune Analytics, an additional 11,528 tokens were deployed on the platform on July 1. Their combined number reached 1,199,685. The total income of the Pump.fun reached 346,613 SOL (~$51.3 million).
Data: Dune Analytics.At the end of June, ForkLog reported a decrease in the daily commission rate of the platform by 30% in terms of a week amid a decrease in investor appetite for risk.
Recall that the DEX Screener cryptocurrency data service launched on Solana competing with Pump.A fun platform for creating meme coins called Moonshot.