PumpSwap Surpasses $100 Million in TVL: A Look at the Memecoin Revival

Just 50 days after launch, PumpSwap has achieved a remarkable milestone, surpassing $100 million in Total Value Locked (TVL). This impressive feat is attributed to the platform’s strong integration with Solana’s high-speed and low-cost infrastructure. Launched on March 19th, it provides a native trading venue specifically for memecoins originating from Pump.fun’s launchpad. Despite initial skepticism surrounding the long-term sustainability of memecoins, PumpSwap demonstrates the resilience of this sector.