PUMP Token Surges 14% After Project Ascend Launchpad Announcement

Pump.fun’s PUMP token experienced a notable price surge of 14% following the launch announcement of ‘Project Ascend,’ a Solana-based meme coin launchpad on its platform. This surge has significantly boosted the token’s market capitalization, reaching $1.3 billion. The event coincides with increased trading activity within the Solana ecosystem as users actively engage in the project.