Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
CoinDesk News
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Most Influential: Pump.fun
CoinDesk News
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Most Influential: Pump.fun
Most Influential: Pump.fun
The platform saw massive success in 2025, with over $150 billion in cumulative volume, $138 million in monthly revenue, and a notable $500 million token sale in July.
By Francisco Rodrigues|Edited by Cheyenne Ligon
Updated Dec 10, 2025, 3:32 p.m. Published Dec 10, 2025, 3:00 p.m.
Memecoin factory Pump.fun became one of the most influential and polarizing forces in crypto this year, powering a surge of token creation, fueling speculative excess, and testing the limits of retail participation.
This feature is a part of CoinDesk's Most Influential 2025 list.
Launched in early 2024, Pump.fun offers users a way to create a token in seconds for less than two cents' worth of SOL, no coding required. That recipe saw the platform start deploying to over 80% of Solana-based tokens by mid-2025.
That breakneck pace drove up blockchain activity and funneled huge volumes of trading into Solana’s decentralized exchanges, with Pump.fun itself seeing more than $150 billion in cumulative volume according to DeFiLlama.
At its peak, Pump.fun generated $138 million in monthly revenue, with daily spikes as high as $15 million. A defining moment came in July, when its PUMP token sale raised an estimated $500 million in under 12 minutes at a $4 billion fully diluted valuation.
The mania spread quickly. Tokens with names like Fartcoin, Goatseus Maximus, and Peanut the Squirrel saw sudden market caps in the hundreds of millions as memecoin trading fever kept on growing.
But behind the froth was also a darker story. The vast majority of tokens collapsed shortly after launch, often due to scams or bot activity. Long-term holders were rare. Analysts flagged rising retail losses, and regulators took notice. U.S. lawsuits alleged fraud and securities violations.
After the hype peaked, revenue fell sharply, down 80% from the peak. Pump.fun’s influence, however, hasn’t faded, and token launchpads remain a relevant part of the DeFi sector.
MemecoinCoinDesk Most Influential 2025
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Most Influential: The Wrench Attackers
Perpetrators use various tactics, including posing as delivery drivers or waiting at gyms, homes, or hotel rooms, to target victims and demand access to their wallets.
Read full story
Latest Crypto News
Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal
SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
Most Influential: Rushi Manche
Most Influential: The Lazarus Group
Most Influential: Hayden Davis
Most Influential: The Wrench Attackers
Top Stories
Strategy Pushes Back on MSCI’s Digital Asset Exclusion Proposal
Eric Trump's American Bitcoin and Anthony Pompliano's ProCap Add to BTC Holdings
Telegram Ring Ran Pump-and-Dump Network That Netted $800K in a Month: Solidus Labs
Superstate Rolls Out Direct Stock Issuance for Public Companies on Ethereum, Solana
SpaceX’s $300M Bitcoin Stack Puts Crypto Inside the World’s Biggest Planned IPO
Bitcoin Volatility Is Still Compressing, Dimming Year-End Rally Outlook
Market Opportunity
pump.fun Price(PUMP)
$0.002248
$0.002248$0.002248
USD
pump.fun (PUMP) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Securities Fraud Investigation Into Corcept Therapeutics Incorporated (CORT) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP, a Leading Securities Fraud Law Firm
LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation
Share
AI Journal2026/02/05 04:00
BlackRock boosts AI and US equity exposure in $185 billion models
The post BlackRock boosts AI and US equity exposure in $185 billion models appeared on BitcoinEthereumNews.com. BlackRock is steering $185 billion worth of model portfolios deeper into US stocks and artificial intelligence. The decision came this week as the asset manager adjusted its entire model suite, increasing its equity allocation and dumping exposure to international developed markets. The firm now sits 2% overweight on stocks, after money moved between several of its biggest exchange-traded funds. This wasn’t a slow shuffle. Billions flowed across multiple ETFs on Tuesday as BlackRock executed the realignment. The iShares S&P 100 ETF (OEF) alone brought in $3.4 billion, the largest single-day haul in its history. The iShares Core S&P 500 ETF (IVV) collected $2.3 billion, while the iShares US Equity Factor Rotation Active ETF (DYNF) added nearly $2 billion. The rebalancing triggered swift inflows and outflows that realigned investor exposure on the back of performance data and macroeconomic outlooks. BlackRock raises equities on strong US earnings The model updates come as BlackRock backs the rally in American stocks, fueled by strong earnings and optimism around rate cuts. In an investment letter obtained by Bloomberg, the firm said US companies have delivered 11% earnings growth since the third quarter of 2024. Meanwhile, earnings across other developed markets barely touched 2%. That gap helped push the decision to drop international holdings in favor of American ones. Michael Gates, lead portfolio manager for BlackRock’s Target Allocation ETF model portfolio suite, said the US market is the only one showing consistency in sales growth, profit delivery, and revisions in analyst forecasts. “The US equity market continues to stand alone in terms of earnings delivery, sales growth and sustainable trends in analyst estimates and revisions,” Michael wrote. He added that non-US developed markets lagged far behind, especially when it came to sales. This week’s changes reflect that position. The move was made ahead of the Federal…
Share
BitcoinEthereumNews2025/09/18 01:44
Over 80% of 135 Ethereum L2s record below 1 user operation per second
The post Over 80% of 135 Ethereum L2s record below 1 user operation per second appeared on BitcoinEthereumNews.com. Ethereum’s L2s are not doing too well. Data
Share
BitcoinEthereumNews2026/02/05 03:52