Pump.fun Flips Hyperliquid in 24-Hour Revenue
04 Sept 2025 · 11:21 UTC · Crypto.News RSS Feed · Original source
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Summary
Pump.fun is building serious momentum. The Solana-based launchpad has now outpaced Hyperliquid in daily revenue, another milestone in its latest comeback. Solana memecoin creation tool Pump.fun surpassed Hyperliquid, a decentralized exchange and Layer 1 blockchain, in 24-hour revenue.
Why it matters
The growing success of Pump.fun suggests a shift towards Solana-based projects, potentially invigorating the overall market sentiment surrounding memecoins and decentralized finance on Solana. As market participants react to this achievement, it could result in increased trading activity, especially among altcoins. However, the impact on BTC may be less pronounced due to its established market position, but could still see some upward movement due to overall positive sentiment.
Expected impact
The news of Pump.fun surpassing Hyperliquid in daily revenue may stimulate interest among traders, especially with the rise of memecoins associated with Solana. This could lead to a temporary increase in trading volume and price for both BTC and altcoins in the short to medium term.