Pump.fun Slump Pulls Solana Daily Fees Down to 5,300 SOL

Pump.fun's token graduation rate fell about 80% over the past three months to 0.26%. Revenue dropped from about $4.8 million six months ago to about $800,000 as of June. Solana average daily fees fell from about 33,000 SOL in January to about 5,300 SOL in June.
PUMP-2.81%
SOL-0.04%
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