PumpSwap Drives Trading Surge on Solana: Challenging Raydium’s Market Dominance

A remarkable surge in trading volume has propelled PumpSwap, a platform created by crypto entity Pump.fun, to new heights within the Solana ecosystem. In just one week during April 2025, PumpSwap processed $2.5 billion in trades, marking a significant departure from its predecessors like Raydium. This growth is attributed to PumpSwap’s streamlined fee structure and user-friendly interface, which have attracted both new and seasoned traders seeking fast and cost-effective trading on the Solana blockchain.