Solana-based Memecoin Launchpad Pump.fun recorded its strongest revenue week of 2025 in mid-August, as the sector recovered from dip earlier this month.
Decentralized Finance (DEFI) data tracker Defilama showed that Pump.Fun generated $13.48 million between August 11th and Sunday.
This increase came after a sharp decline in revenues from July 28th to August 3rd. Meanwhile, Pump.Fun brought just $1.72 million in a week of $172 million, the lowest since March 2024.
The decline in revenue coincided with a decline in the broader memocoin market. CoinmarketCap data showed that the MemeCoin sector fell to $621.1 billion on August 3, down 20% from its $77.73 billion valuation on July 28, wiping nearly $16 billion in a week.
Pump.Fun regains top spots in Solana LaunchPad rankings
Pump.Fun’s revenue growth coincides with rebounds in the wider memo coin space.
According to Coinmarketcap, the Memecoin sector fell to $70 billion on Sunday after recovering to nearly $75 billion on August 11th. At the time of writing, Memecoins had a market capitalization of $66 billion.
In addition to its strongest weekly revenue record, the Pump.Fun platform has also regained its advantage in the Solana Memecoin LaunchPad rankings.
On July 7th, the newly launched Solana platform called Letsbonk earned 24 hours a day, surpassing Pump.fun.
According to Solana Decentralized Exchange (DEX) aggregator Jupiter, Letsbonk’s domination continued throughout July, gaining more market share than Pump.pums.fun.
Still, Jupiter’s data suggests that Pump.Fun has recovered the No.1 spot. Over the past seven days, the platform’s market share was 73.6%, with trading volumes of $4.688 billion.
Furthermore, Jupiter data showed that the platform had 1.37 million traders and over 162,000 token mints per week.
Its nearest rival, Letsbonk, was cornered by a 15.3% market share and weekly trading volume of $974 million. There were 511,000 traders and over 6,000 token mint.
Related: NASDAQ listed companies have dropped to 50% on Bonk Memecoin Treasury Play
Pump.Fun faces a $5.5 billion lawsuit
Despite regaining momentum, Pump.Fun faces legal challenges. The class action lawsuit filed on January 30th claims that it uses “guerilla marketing” to create artificial urgency around volatile tokens.
On July 23, the lawsuit was amended, calling MemeCoin Launchpad a “no license casino.” The revised application claimed that Pump.Fun’s structure mimics a “slot machine with rig.” Here, only the first few players win by dumping the token to the later participants. The lawsuit alleges that investors’ losses have already reached $5.5 billion.
Despite the lawsuit, the platform continues to work. The platform’s lifetime revenue has already reached $800 million, according to the Dune Analytics dashboard.
Anatoly Yakovenko, co-founder of Solana Labs, commented on the potential of the platform. On Wednesday, Yakovenko said she was filming building a global streaming platform.
https://www.youtube.com/watch?v=gpwmrogcvlc
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