PumpFun and PumpSwap Hit New Trading Volume Record of $551 Million

PumpFun and its decentralized exchange, PumpSwap, have achieved a significant milestone with a combined trading volume exceeding $551 million in the past 24 hours. This record-breaking figure marks a surge in interest for memecoin activity on the Solana blockchain. This notable rise is attributed to the platform’s unique offering of token migration and trading through bonding curves, enabling liquidity providers to earn significant profits. PumpSwap has quickly emerged as a dominant player within the Solana ecosystem, contributing significantly to its activity.