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Salip Pump.fun, Collector Crypt Becomes the Number 1 Crypto Platform on Solana
The revenue landscape of protocols in the Solana ecosystem has shifted following a decline in activity on the memecoin launchpad platform, Pump.fun. Its position as the highest daily fee generator on the network has officially been overtaken by Collector Crypt, an on-chain digital collectible trading card platform. According to the latest daily market data on Thursday (6/18), Collector Crypt recorded revenue of $532,550, surpassing Pump.fun, which was at $385,307.
This decline in Pump.fun’s performance is evident across various metrics over the past 30 days, with the platform’s total fee collection decreasing by 10.73% and their daily revenue dropping by 14.56%. Additionally, the graduation rate, or the process of memecoin migration to decentralized exchanges (DEX), also plummeted by 80%. CoinNess reports that the contribution of fees from these migration processes sharply declined from 33,000 SOL to just 5,300 SOL.
Conversely, Collector Crypt successfully attracted market liquidity through the tokenization of real-world assets (RWA) in the form of rare Trading Card Game (TCG) cards from the Pokémon franchise. Using a digital gacha pack mechanic system, users can purchase on-chain packs for a chance to obtain rare cards, which are physically stored in verified custody safes. Data from Solana Compass shows that this platform’s performance has grown aggressively, with a record of opening 215,000 card packs in a week, pushing the project’s total cumulative revenue past $50 million.