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Pump.fun: Solana's $1B Revenue App Leading Ethereum Scaling

Pump.fun: Solana's $1B Revenue App Leading Ethereum Scaling

Bitaigen Research Bitaigen Research 2 min read

Explore how Pump.fun, launched Jan 2024, generated $1 billion revenue, created 12 million tokens, and drove 62% of Solana's daily volume, paving the way for Ethereum scaling.

Pump.fun Solana's first $1 billion revenue app: Ethereum scaling is coming

Since its official launch on January 19 2024, Pump.fun has helped users create roughly 12 million tokens. During the memecoin boom at the end of 2024, the platform accounted for about 62 % of Solana’s average daily transaction volume.

The platform’s profitability is equally striking. As of April 2025, cumulative fees have exceeded 1.52 million SOL, and daily revenue has been steadied at around $1 million USD. This figure makes Pump.fun the most significant revenue source within the Solana ecosystem, surpassing most traditional DeFi projects.

However, the data also reveal extreme volatility. Statistics show that 98.5 % of tokens on the platform failed to complete a binding curve, ending with a value of zero. Despite this, user stickiness remains strong, with total unique users now exceeding 22 million.

*Source: “Dune”*

From both a technical and business perspective, we dissect Pump.fun’s breakthrough performance in the Solana ecosystem and its revenue model, and explore the potential impact of its cross‑chain strategy on Ethereum scaling roadmaps. The full article will help readers understand the project’s core competitive advantages and future trajectory—worth a deep read.

Sub‑domain registrations actually reveal Pump.fun’s next moves

Recent on‑chain discoveries of the sub‑domains ethereum.pump.fun, base.pump.fun, and monad.pump.fun indicate that the project is actively planning cross‑chain expansion. While these sub‑domains are not part of an official roadmap, they convey a clear intent to grow beyond Solana.

According to SolanaFloor, memecoin launch platform Pump.fun has registered sub‑domains on Base, BSC, Monad and Ethereum, hinting at an exploration of possibilities outside the Solana ecosystem. At the same time, Pump.fun removed the “Solana” tag from its X profile…
——— Wu Blockchain (@WuBlockchain) March 12 2026

The potential of the Base network

Base and Solana share similar user demographics, having cultivated an active retail user base, yet Base still lacks a dominant platform with brand power like Pump.fun. A successful deployment on Base could consolidate the currently fragmented memecoin liquidity that is spread across numerous small branches.

Strategic significance of Ethereum

Although historically high gas fees have limited memecoin activity on Ethereum’s mainnet, Ethereum remains the core pillar for institutional DeFi. By entering Ethereum, Pump.fun could reach deeper layers of the capital markets and attract attention from institutional investors.

How Pump.fun’s expansion from Solana to Ethereum and Base could reshape the launchpad battle

If the UI and binding‑curve mechanism can be smoothly migrated to EVM‑compatible chains, Pump.fun will directly challenge the existing launchpad landscape…

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*Note: Cryptocurrency gains may be subject to tax in your local jurisdiction. Users should consult a tax professional and consider reporting requirements, especially when converting crypto to fiat via SEPA or SWIFT transfers.*

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Bitaigen Research

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⚠️ Risk disclaimer: Crypto prices are highly volatile. This article is not investment advice. Invest responsibly at your own risk.