Categories: Blockchain News

Pump.fun Records Strongest Week of 2025 as Memecoin Market Rebounds

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Solana-based memecoin launchpad Pump.fun has staged an impressive recovery after weeks of declining revenue. According to DeFi tracker DefiLlama, the platform recorded $13.48 million in revenue between August 11 and August 17, its strongest weekly performance since February 2025.

The surge followed a sharp downturn earlier in the month. From July 28 to August 3, Pump.fun generated just $1.72 million — its weakest weekly figure since March 2024. 

Pump.fun Bounces Back With Record Revenue

The decline coincided with a major pullback across the memecoin sector. CoinMarketCap

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data showed the total market capitalization of memecoins fell from $77.73 billion on July 28 to $62.11 billion by August 3, erasing nearly $16 billion in one week.

Since then, the sector has rebounded, recovering to nearly $75 billion on August 11 before settling at around $70 billion on August 17. At the time of writing, the total market cap of memecoins stands at $66 billion. Pump.fun’s revenue growth appears closely tied to this broader recovery.

Market Share Restored Amid Legal Scrutiny

Alongside its revenue rebound, Pump.fun has also regained its dominance among Solana-based launchpads. 

For much of July, rival platform LetsBonk had overtaken Pump.fun in daily revenues and trading activity. However, data from decentralized exchange aggregator Jupiter shows that the latter reclaimed the No. 1 position last week, commanding a 73.6% market share and $4.68 billion in trading volume.

The platform also attracted 1.37 million traders and facilitated over 162,000 token mints during the week, far surpassing LetsBonk, which managed 511,000 traders, 6,000 mints, and $974 million in trading volume.

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Despite its strong performance, Pump.fun faces mounting legal pressures. A class-action lawsuit filed in January and amended in July accused the platform of operating as an “unlicensed casino” that mimics a “rigged slot machine.” 

Plaintiffs allege the platform’s mechanics encourage early traders to profit at the expense of later participants, claiming cumulative investor losses of $5.5 billion.

Nevertheless, the platform’s long-term financial trajectory remains strong. A Dune Analytics dashboard shows Pump.fun has already accumulated $800 million in lifetime revenue. Even Solana Labs co-founder Anatoly Yakovenko weighed in this week, suggesting the launchpad has the potential to evolve into a “global streaming platform.”

The post Pump.fun Records Strongest Week of 2025 as Memecoin Market Rebounds appeared first on BitcoinLinux.com.

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