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      PumpFun Platform Reports Significant Revenue Growth and Valuation Insights

      PumpFun, a Solana-based meme coin issuance platform, has reported an annual revenue of $677 million, positioning it as the second highest revenue-generating application in 2026, following Hyperliquid. The platform, which integrates launchpad and decentralized exchange (DEX) infrastructure, has seen a remarkable increase in daily trading volume, rising 5.6 times since early July. Cumulative revenue since 2024 has reached $1.37 billion, with the platform accounting for approximately 70% of the trading volume of Solana meme coins.

      Research analyst Shaunda Devens highlighted that PumpFun's current trading price reflects a price-to-sales ratio of 2.8, with a valuation range for its token PUMP estimated between $0.0108 and $0.0205. This valuation corresponds to 2.3 to 4.4 times the current price. The platform's programmatic buyback initiative, funded by 50% of its revenue, is designed to absorb about 17.6% of the circulating supply at the current price, while 77% of allocated insider tokens remain untransacted.

      In the second quarter of 2026, PumpFun generated $85.2 million in revenue, with projections indicating a run rate of $125.4 million for the third quarter, marking a 47% increase quarter-over-quarter. The launchpad segment contributed $87.1 million, while PumpSwap added $38.3 million. Additionally, the number of daily active users on mobile surged from 5,600 to 34,100, reflecting the platform's growing popularity and user engagement.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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