Gate Research: Data Insights Behind the Rapid Growth of Memecoin Launchpad Pump.fun

2/28/2025, 8:01:28 AM
Intermediate
MemeResearchSolana
Download the Full Report (PDF)
Pump.fun is leading the charge in the memecoin launchpad trend, driving the rapid growth of emerging memecoin projects. This report delves into its unique mechanisms and key data, revealing market trends and opportunities behind the expansion of the memecoin ecosystem.

Abstract

  • Memecoins have become one of the hottest topics in the 2024 crypto market. According to data from CoinMarketCap, the total market capitalization of memecoins surged from $22.28 billion to $96.67 billion in 2024, achieving an impressive 433% growth.
  • Solana’s token issuance volume leads all major ecosystems. In 2024, the average number of tradable tokens added weekly on Solana’s decentralized exchanges (DEX) reached 106,200, a 983% increase from 10,800 at the beginning of the year. More than 50% of these tokens originated from the Pump.fun platform. Solana has emerged as the platform for memecoin creators and traders.

  • Pump.fun has shown strong momentum, becoming one of the most active protocols in the crypto space. As of February 5, 2025, the platform has accumulated transaction fees exceeding 2.76 million SOL and issued 7.5 million tokens, with over 98,000 tokens successfully launched on Raydium.

  • In January 2025, tokens that were launched through Pump.fun accounted for 54% of the total transactions on Solana-based DEXs. The proportion of non-voting transactions on the Solana network also rose, reaching 25% in January 2025. This has played a significant role in boosting Solana’s overall network activity.

  • The notable wealth effect has drawn more users to participate. For instance, Fartcoin’s price surged 105,118 times compared to its initial price on Pump.fun, and saw a 6,307-fold increase relative to its initial liquidity price on Raydium. Similarly, the prices of WOULD and arc tokens increased by 51,781 times and 36,391 times, attracting large numbers of speculators.
  • After a brief surge, 99.69% of the memecoins issued on Pump.fun eventually fell back to their initial launch prices, ultimately returning to zero.
  • New entrants, including projects like SunPump and Moonshot, are now competing in the memecoin launchpad space, but Pump.fun remains in the lead.


    (Click below to access the full report)



    Gate Research
    Gate Research is a comprehensive blockchain and crypto research platform that provides readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis.

Click the Link to learn more

Author: Evelyn
Translator: Piper
Reviewer(s): Wayne、Edward、Evelyn、Elisa
Translation Reviewer(s): Ashley、Joyce
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

Share

Content

Crypto Calendar
Tokenlar Kilidini Aç
Aptos, 11 Ekim'de yaklaşık 2,15% oranında, mevcut dolaşımdaki arzın yaklaşık 11.310.000 APT tokenini serbest bırakacak.
APT
2.48%
2025-10-10
Tokenların Kilidi Açılıyor
Aethir, 12 Ekim'de yaklaşık 1,260,000,000 ATH token'ı serbest bırakacak ve bu da mevcut dolaşımdaki arzın yaklaşık %12.73'ünü oluşturacak.
ATH
-3.19%
2025-10-11
1.26B Token Kilidi
Aethir, tokenleri UTC ile 10:00'da açar.
ATH
-3.19%
2025-10-11
Proje Güncellemeleri
Coinbase, 14 Ekim ile 17 Ekim tarihleri arasında tüm MATIC Token'larını POL'e yükseltecek. Göç süresince, MATIC Stake'lerinin ödülleri birikmeyecek.
POL
-1.74%
2025-10-14
Hackathon
Pi Network, Açık Ağ'ın debutundan sonra ilk büyük geliştirici zorluğu olan Pi Hackathon 2025'i resmi olarak başlattı. Bu hackathon, geliştiricileri gerçek dünya faydası sunan ve ekosistemi geliştirmeye yardımcı olan Pi destekli uygulamalar tasarlamaya ve başlatmaya davet ediyor - toplam ödül havuzu 160.000 Pi. Pi2Day 2025'ten gelen inovasyon momentumunu temel alarak, yarışma günlük kullanım araçlarından tamamen yeni uygulama kavramlarına kadar geniş bir yelpazede fayda odaklı fikirleri teşvik ediyor. Tüm başvurular Ana Ağ Listeleme Gereksinimlerini karşılamalı ve Pi topluluğuna somut değer sağlamalıdır. Teşvikler ve Ödüller: 1. Yer: 75.000 Pi 2. Yer: 45.000 Pi 3. Yer: 15.000 Pi 5 Onur Belgesi: 5.000 Pi her biri Ana Tarihler: 15 Ağustos: Kayıt açılır ve takım oluşturma başlar 21 Ağustos: Hackathon resmi olarak başlar 19 Eylül: Ara kontrol (isteğe bağlı, ancak mentorluk ve görünürlük sağlayabilir) 15 Ekim: Nihai başvurular, uygulama listeleme ve demo videosu dahil olmak üzere son tarih Geliştiricilerin, Pi App Studio, Brainstorm, Geliştirici Portalı ve açık kaynak kaynaklarını (PiOS) ile birlikte AI araçlarından yararlanmaları teşvik edilmektedir.
PI
-9.11%
2025-10-14

Related Articles

Gate Research-A Study on the Correlation Between Memecoin and Bitcoin Prices
Advanced

Gate Research-A Study on the Correlation Between Memecoin and Bitcoin Prices

This paper delves into the correlation between Memecoin and Bitcoin prices, analyzing their relationship in terms of price trends, trading volume, and market sentiment. Through data collection, statistical analysis, and case studies, significant correlations were found between the two, influenced by multiple factors including market sentiment, investor behavior, and policy environment. The research outlines the market development history of Bitcoin and Memecoin, discusses key factors affecting prices, and provides future trend predictions. The paper also offers recommendations for investors, regulatory bodies, and industry practitioners, aiming to promote healthy development of the cryptocurrency market and improve investment decision-making rationality.
1/14/2025, 2:28:04 AM
Gate Research: A Comprehensive Analysis: Memes and the Secrets to Driving Traffic in the Crypto Industry
Advanced

Gate Research: A Comprehensive Analysis: Memes and the Secrets to Driving Traffic in the Crypto Industry

As the U.S. election concludes, 2024 is also closing. Reflecting on this year's crypto bull market, Meme has been an unavoidable topic. From BOME at the start of the year, MAGA in the middle, to GOAT at the end, Memecoin has generated new hot topics every quarter, sustaining the industry's momentum. Belgian scholar Francis Paul Heylighen proposed in 1998 that meme culture consists of four stages, including "assimilation," "retention," "expression," and "transmission." On a deeper level, meme culture's popularity can be attributed to its alignment with the uses and gratifications theory proposed by British communication scholar McQuail.
12/13/2024, 3:03:39 PM
Gate Research: In-Depth Report - Why DeSci Will Become a Key Narrative in Web3
Advanced

Gate Research: In-Depth Report - Why DeSci Will Become a Key Narrative in Web3

Decentralized Science (DeSci) is becoming a crucial aspect of Web3 development, as it solves fundamental problems such as unequal research funding, intellectual property monopolies, and lack of transparency in scientific research. By leveraging DAO, IP-NFTs, and token economies, DeSci empowers scientific innovation, drives the real-world adoption of Web3, and accelerates progress toward fairer and more open research.
2/21/2025, 12:13:11 PM
Top 10 Meme Coin Trading Platforms
Beginner

Top 10 Meme Coin Trading Platforms

In this guide, we’ll explore details of meme coin trading, the top platforms you can use to trade them, and tips on conducting research.
10/15/2024, 10:34:29 AM
Review of the Top Ten Meme Bots
Beginner

Review of the Top Ten Meme Bots

This article provides a detailed overview of the top ten popular Meme trading Bots in the current market, including their operating steps, product advantages, fees, and security, helping you find the most suitable trading tool for yourself.
7/17/2025, 7:12:17 AM
Gate Research: 2024 Cryptocurrency Market  Review and 2025 Trend Forecast
Advanced

Gate Research: 2024 Cryptocurrency Market Review and 2025 Trend Forecast

This report provides a comprehensive analysis of the past year's market performance and future development trends from four key perspectives: market overview, popular ecosystems, trending sectors, and future trend predictions. In 2024, the total cryptocurrency market capitalization reached an all-time high, with Bitcoin surpassing $100,000 for the first time. On-chain Real World Assets (RWA) and the artificial intelligence sector experienced rapid growth, becoming major drivers of market expansion. Additionally, the global regulatory landscape has gradually become clearer, laying a solid foundation for market development in 2025.
1/24/2025, 8:09:57 AM
Start Now
Sign up and get a
$100
Voucher!