Solana-based memecoin launchpad Pump.fun is riding a wave of renewed adoption, with its native PUMP token climbing to an all-time high.
According to CryptoSlate’s data, PUMP surged to $0.0086 on Sept. 14, setting a fresh peak before retreating by nearly 3% to trade around $0.008 at press time.
The latest move represents a sharp reversal for the asset, which had struggled for traction since its July debut and appeared to be losing ground to rival projects.
However, Pump.fun has shifted momentum, leveraging product upgrades to regain market attention.
Streaming growth
A key driver of this rebound has been the relaunch of Pump.fun’s livestreaming feature. The platform, once criticized for unsafe broadcasts including instances of self-harm, paused the function last year.
However, its reintroduction has triggered a surge in user activity, with livestreaming now contributing directly to engagement and platform revenue.
Alon Cohen, Pump.fun’s co-founder, said the platform has already ov
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