Solana Memecoin LaunchPad Pump.Fun’s monthly revenue fell to a low in 2025 in July, showing a sharp decline in the Memecoin Creation sector after several months of interest declined.
According to data from Defi Analytics Platform Defillama, Pump.Fun generated revenue of $204.96 million last month, down 80% from over $130 million from its peak in January.
Platform revenues have steadily declined this year, falling to $90 million in February before plunging to $37 million in March, Defillama data shows.
Protocol revenue hovered around $40 million over the next three months before reaching its lowest point in July.
The sudden decline sluggished the momentum of the broader Memocoin sector, which had experienced a surge in trading volume and market capitalization in July before it cooled down rapidly.
Memecoin Trading volume will decrease by 67% from its peak in July
Memecoins worked well last month, and analysts say the sector has turned bullish. CoinMarketCap data showed that MemeCoins recorded a market capitalization of $85 billion and a 24-hour trading volume of $17.22 billion on July 23.
However, the Memecoin sector was unable to maintain its gathering. On Monday, CoinmarketCap data showed that Mimecoin’s overall valuation fell to $65 billion, down 23.5% from its July peak.
Additionally, 24-hour trading volume fell to $55.9 billion, down 67% from July 23rd record.
The Solana Network, home to Top Memecoin Launchpads, has seen a decline in new tokens created in August.
Solscan data showed on Saturday that there were only about 34,040 Solana Program Library (SPL) tokens created in Solana. This was the lowest daily mint recorded in the last three months.
Related: The influencer who created “Memecoin Supercycle” is profitable in $68 million, data suggests
SolanaMemecoin Launchpads see daily traders and volume drops
Trading activities on Solana’s major Memecoin platform have been removed as well.
On July 9th, Pump.Fun had daily records of 346,000 traders and a $348 million volume. Competitor Letsbonk recorded a volume of 208,000 traders and $503 million.
On Monday, data from the decentralized Exchange Aggregator Jupiter showed Pump.Fun had 129,000 traders and a $150 million volume, daily traders fell 62% and 24-hour volume down 56%.
Letsbonk recorded 260,000 traders, up 25% from its July 9th record. However, daily trading volume was $453 million, down nearly 10% since July 9th.
magazine: Memecoin Degeneracy funds groundbreaking anti-aging research
