What updates are there in the PUMP code base?
Pump.fun has made key updates to its platform to improve trading and support long-term growth.
- Dynamic Fees & Sustainability (September 2025) – Introduced tiered fees that lower costs as a token’s market value grows, encouraging more reliable projects.
- Incentive Program Prep (July 2025) – Added tools to reward users with PUMP tokens based on trading activity.
- Version 2.0 Launch (June 2025) – Launched real-time alerts, one-click trading, and a feed showing trending tokens.
In-Depth Look
1. Dynamic Fees & Sustainability (September 2025)
What happened: Pump.fun introduced “Project Ascend,” changing from flat fees to a tiered fee system. Now, creators pay lower fees as their token’s market cap increases.
This encourages creators to focus on building lasting projects instead of quick, low-quality tokens. Fees for liquidity providers stayed the same, and the community can now take over inactive tokens more quickly.
Why it matters: This update is positive for PUMP because it aligns creator rewards with the health of their tokens, which could reduce scams and build trust on the platform. (Source)
2. Incentive Program Prep (July 2025)
What happened: Updates to the software development kit (SDK) revealed new features to reward users with PUMP tokens based on how much they trade.
While the team hasn’t confirmed details, the code shows tracking of trading volume and distributing rewards. A test file mentioned 1 billion PUMP tokens per day, but this is likely just a placeholder number.
Why it matters: This is a mixed signal for PUMP. Rewards could increase trading activity in the short term, but giving out too many tokens risks inflation, which can hurt the token’s value. (Source)
3. Version 2.0 Launch (June 2025)
What happened: Pump.fun released a major app update adding real-time price alerts, a “Movers Feed” to highlight trending tokens, and easy tap-to-trade features optimized for mobile users.
The update aimed to make trading meme coins faster and more social, though it didn’t immediately boost PUMP’s trading volume.
Why it matters: This is a positive step for PUMP because improved tools and social features can attract more users and increase platform adoption over time. (Source)
Conclusion
Pump.fun’s recent updates show a clear focus on sustainable growth, better user engagement, and easier trading. While these changes address important challenges, the platform still depends heavily on speculative trading. How Pump.fun balances meme coin culture with long-term usefulness will be key to PUMP’s future success.
Why did the price of PUMP go up?
Pump.fun (PUMP) increased by 2.13% in the last 24 hours, building on a strong 32% gain over the past month. The main reasons behind this growth are:
- Corporate treasury interest: Fitell, a company listed on Nasdaq, added $1.5 million worth of PUMP to its reserves on October 2.
- Active token buybacks: Pump.fun repurchased $50 million in tokens during September, reducing the number of tokens available.
- Technical price breakout: The price moved above the $0.006 resistance level with positive momentum.
Deep Dive
1. Institutional Adoption (Positive Sign)
Overview: Fitell Corporation (NASDAQ: FTEL) bought 216.8 million PUMP tokens ($1.5 million) on October 2 as part of its strategy focused on Solana-based assets. The company is now rebranding as Solana Australia Corporation. This move follows securing a $100 million credit line to invest in digital assets.
What this means: When publicly traded companies add PUMP to their reserves, it helps legitimize the token as a valuable asset, similar to how MicroStrategy invested in Bitcoin. Since PUMP has a circulating supply of 35.4 billion tokens (about 35.4% of the total), this corporate demand can create scarcity, potentially driving the price up.
What to watch: Other companies might follow suit. For example, VisionSys AI recently announced plans for a $2 billion Solana treasury that includes PUMP.
2. Buyback Momentum (Positive Sign)
Overview: Since July, Pump.fun has bought back $124 million worth of PUMP tokens, with $50 million repurchased in September alone. These buybacks are funded by fees collected on the platform. On average, daily buybacks range between $1 million and $2 million.
What this means: Buybacks reduce the number of tokens available for sale, which can support the price. They also show that the platform is confident in PUMP’s value and utility. The recent 32% monthly price increase aligns with these buyback efforts.
Key metric: Platform fees reached $13.5 million per week in August, providing a steady source of funds for continued buybacks.
3. Technical Breakout (Mixed Signals)
Overview: PUMP’s price recently moved above the 30-day simple moving average (SMA) at $0.00637 and is currently testing the 7-day SMA at $0.0066. The Relative Strength Index (RSI) at 51.31 indicates neutral momentum, but the Moving Average Convergence Divergence (MACD) suggests a possible bearish crossover soon.
What this means: Short-term traders might take profits near the $0.0065 level, which was resistance in August. However, if the price stays above $0.0062, it could challenge the yearly high of $0.0076.
Level to watch: Closing above $0.0066 (the high on October 5) could trigger automated buying by trading algorithms.
Conclusion
Pump.fun’s recent price gains are driven by strategic token buybacks, increased corporate treasury interest, and technical trading activity. The platform’s dominance, holding 80% of Solana-based meme coins, supports its long-term potential. However, investors should be aware of ongoing regulatory risks from U.S. class-action lawsuits and the fact that compliance firms have flagged a 98.6% scam token rate in this space, which poses challenges.
Key level to monitor: Maintaining a price above $0.0062 is crucial. Falling below this could lead to profit-taking and a drop toward the $0.0058 Fibonacci support level.
What could affect the price of PUMP?
PUMP’s price is caught between the excitement around memecoins and concerns about long-term stability.
- Corporate Adoption – Companies listed on Nasdaq adding PUMP to their treasury show growing institutional interest.
- Buyback Strategy – The platform’s aggressive token buybacks reduce supply but rely heavily on its revenue.
- Regulatory Challenges – U.S. lawsuits and crackdowns on memecoins pose risks to PUMP’s future.
Deep Dive
1. Corporate Treasury Demand (Positive Sign)
Overview: In October 2025, Fitell Corporation (NASDAQ: FTEL) bought $1.5 million worth of PUMP tokens. This follows other companies like HSDT Solana Company that have invested treasury funds into Solana-based assets. This trend is similar to early Bitcoin ETF adoption, where corporate investments helped legitimize the asset.
What this means: When big companies buy and hold PUMP, it can help stabilize the price, much like how MicroStrategy’s Bitcoin purchases supported Bitcoin’s value. However, since some companies like Fitell are shifting their business focus (from gym equipment to crypto), this could add volatility if their enthusiasm fades (Crypto.news).
2. Platform Revenue & Buybacks (Mixed Outcome)
Overview: Pump.fun spent $50 million in September 2025 buying back PUMP tokens using fees collected from trading. Half of these tokens were destroyed (“burned”), and the rest were redistributed. On average, daily buybacks range from $1 to $2 million. However, this depends on the number of new memecoin launches, which have dropped 80% since January.
What this means: Buybacks reduce the number of tokens available, which can support the price. But if fewer new memecoins are launched, the platform’s revenue—and thus buybacks—could decrease. This might lead to more selling pressure and lower prices (Cointelegraph).
3. Legal & Competitive Risks (Warning Signs)
Overview: A class-action lawsuit in the U.S. claims Pump.fun enabled pump-and-dump schemes through “unlicensed casino” features. Additionally, LetsBonk.fun briefly surpassed Pump.fun’s market share in July 2025 by offering zero fees.
What this means: Legal troubles could limit Pump.fun’s access to important markets like the U.S. Plus, because it’s easy for meme creators to switch platforms, Pump.fun’s 75% market dominance is vulnerable. A negative court ruling could wipe out 30-50% of PUMP’s value quickly (CoinMarketCap Community).
Conclusion
PUMP’s future depends on balancing the hype around memecoins with solid fundamentals. Corporate interest and buybacks provide short-term support, but legal challenges and competition are significant threats. Watch the weekly token launch count closely—if it falls below 10,000 per day, it could signal that momentum is fading.
What are people saying about PUMP?
Pump.fun (PUMP) is experiencing a lot of ups and downs with buybacks and big investors selling off. Here’s the quick summary:
- A $30 million buyback has sparked hope but faces challenges
- Large investors sold $101 million worth of tokens after the ICO, causing worries about a price drop
- The Glass Full Foundation is helping boost liquidity for Solana-based memecoins
- The $0.0034 price level is a key point that could determine the token’s direction
In-Depth Look
1. Buyback Sparks Mixed Reactions
According to @Lookonchain, Pump.fun spent 118,350 SOL (about $19.2 million) to buy back 2.99 billion PUMP tokens at $0.0064 each. This was the largest single-day buyback since July.
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What this means: Buybacks usually show confidence from the team, but since this buyback price is 87% higher than the current price ($0.00342), it creates a resistance level that might make it harder for the price to rise quickly.
2. Large Investors Selling Raises Concerns
@CryptoPatel reports that two early investors sold 29.5 billion PUMP tokens worth $101 million, below the ICO price. This could lead to a 40% price drop if the $0.0034 support level breaks.
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What this means: This is bearish news because over half of the circulating tokens are still held by investors who bought at higher prices and are currently at a loss. This increases the chance they might sell if the price drops further, causing more downward pressure.
3. Glass Full Foundation Boosts Liquidity
The official Pump.fun account, @PumpDotFun, announced that the Glass Full Foundation will provide support to top Solana memecoins like FARTCOIN to increase liquidity.
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What this means: This is positive news for the ecosystem. More liquidity can encourage developers to build and increase trading activity on the Pump.fun platform, potentially helping the token’s value.
4. Technical Analysis Shows Key Price Zone
@mkbijaksana points out that PUMP is forming higher lows, and a breakout above $0.004228 could confirm an upward trend. The 21-day EMA crossover and an RSI of 31.73 suggest the token might bounce back from being oversold, but whale selling pressure remains a challenge.
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What this means: The price action is neutral for now. A clear move above $0.004228 would be a bullish sign, but until then, the market is uncertain.
Conclusion
The outlook for Pump.fun (PUMP) is mixed. While buybacks and support from the Glass Full Foundation aim to stabilize and grow the token, large investors selling after the ICO and a sharp drop in platform revenue (down 97% since January) keep the mood cautious. The $0.0034 price level is critical—if PUMP holds above it, bullish momentum could build; if it falls below, further declines are likely. The big question remains: does the Glass Full Foundation have enough SOL to offset the selling pressure from whales?
What is the latest news about PUMP?
PUMP is gaining attention as big companies start using it and memecoins continue to dominate the market. However, traders are divided on what will happen next. Here are the key updates:
- Corporate Treasury Boost (October 2, 2025) – Fitell adds $1.5 million worth of PUMP tokens and shifts focus to Solana.
- Polymarket’s 50/50 ATH Bet (October 3, 2025) – Traders are evenly split on whether PUMP will reach new all-time highs amid mixed feelings about its future.
- 80% Memecoin Control (October 6, 2025) – Pump.fun dominates the Solana memecoin scene despite security and legal concerns.
Deep Dive
1. Corporate Treasury Boost (October 2, 2025)
Overview:
Fitell Corporation, a company listed on Nasdaq, bought 216.8 million PUMP tokens valued at $1.5 million. This move is part of their strategy to focus on Solana-based assets. They also secured a $100 million credit line and plan to list on the Australian Securities Exchange (ASX) as “Solana Australia Corporation.” This is the first time a public company has allocated PUMP tokens to its treasury.
What this means:
This is a positive sign for PUMP because when established companies adopt a cryptocurrency, it adds credibility and might encourage others to do the same. However, Fitell’s stock price dropped 43% after the announcement, showing that investors are cautious about the company’s sudden change in direction. (Crypto.news)
2. Polymarket’s 50/50 ATH Bet (October 3, 2025)
Overview:
On Polymarket, a prediction platform, traders are split evenly on whether PUMP will beat its previous all-time high of $0.008819 by the end of 2025. PUMP is currently trading about 20% below that peak, even after a strong 75% rally in the last 30 days. The token sees $134 million in daily trading volume, and around 20,000 new tokens are created daily on Pump.fun.
What this means:
The mixed opinions reflect PUMP’s complex situation. On one hand, the project has aggressive buybacks totaling $124 million since July and has integrated with Binance, a major exchange. On the other hand, there are concerns because 98.6% of its tokens are considered scams. Technical analysis suggests that if the price holds above $0.0062, it could break out to $0.009. (Cryptonews)
3. 80% Memecoin Control (October 6, 2025)
Overview:
Pump.fun controls about 75-80% of all new memecoin launches on the Solana blockchain at its peak in 2025. This is thanks to its easy one-click token creation and locked liquidity pools. However, only 0.7% of these tokens become fully tradable, and there are ongoing U.S. class-action lawsuits accusing the platform of violating RICO laws (which target organized crime).
What this means:
While Pump.fun’s dominance generates significant fee revenue—over $800 million so far—it also comes with risks. Security issues, like a $1.9 million hack in 2024, and legal challenges could threaten the platform’s future growth. (Cointelegraph)
Conclusion
PUMP is at a crossroads, balancing growing interest from big companies and memecoin popularity with legal and security risks. Corporate treasury investments and buybacks are driving short-term optimism, but ongoing lawsuits and concerns about token quality could pose challenges. The big question remains: can Pump.fun maintain its strong position on Solana despite these hurdles?
What is expected in the development of PUMP?
Pump.fun’s roadmap is focused on growing its ecosystem, rewarding users, and ensuring long-term sustainability.
- Volume Incentives (Q4 2025) – A 30-day rewards program using PUMP tokens to encourage trading and content creation.
- EVM Chain Expansion (2026) – Expanding beyond Solana to include Ethereum-compatible blockchains.
- Project Ascend (Q4 2025) – Introducing tiered fees to support the health and longevity of tokens on the platform.
- Governance Integration (2026) – Giving PUMP token holders a say in platform decisions.
Deep Dive
1. Volume Incentives (Q4 2025)
Overview: Pump.fun is creating a 30-day program that rewards users based on how much they trade, paid out in PUMP tokens. Updates to their software tools show they’re building features to track trading volume and distribute these rewards (Dumpster DAO).
What this means: This could increase trading activity and attract more users in the short term. However, there’s a risk that giving out too many tokens daily (tests mentioned up to 1 billion PUMP per day) could reduce the token’s value over time.
2. EVM Chain Expansion (2026)
Overview: Leaked documents suggest Pump.fun plans to expand from the Solana blockchain to Ethereum Virtual Machine (EVM) compatible chains, which would allow launching tokens across multiple blockchains (CryptoSlate).
What this means: This expansion could bring in users from Ethereum-based networks and create new revenue opportunities. On the downside, it could also spread liquidity thin and increase competition with other established platforms on EVM chains.
3. Project Ascend (Q4 2025)
Overview: Starting in September 2025, Project Ascend introduces different fee levels for token creators. Smaller or newer projects pay higher fees to discourage scams, while larger projects pay less as they grow (CCN).
What this means: This is good for the overall quality of projects on Pump.fun, encouraging serious developers. But if fewer projects join because of fees, it could hurt Pump.fun’s revenue.
4. Governance Integration (2026)
Overview: Pump.fun plans to let PUMP token holders participate in decisions about the platform, such as fee changes, token burns, and upgrades (Coinlive).
What this means: Giving users a voice can increase demand for PUMP tokens, especially if governance includes sharing revenue. However, delays or concentration of voting power among a few large holders could limit these benefits.
Conclusion
Pump.fun is working to balance quick growth through rewards with long-term stability by expanding to new blockchains and involving its community in decisions. These efforts could strengthen its place in the memecoin launchpad market, but success depends on managing token supply and competing with rivals like LetsBONK. Will Project Ascend’s fee system attract better projects, or will speculation continue to dominate?