PumpFun Surpasses Hyperliquid in Daily Revenue, Analysts Anticipate New Highs
- PumpFun generated over $3.12 million in daily revenue, ranking third among crypto platforms.
- The platform achieved a weekly high of $16.4 million, its best performance since February.
- Cumulative revenue for PumpFun has exceeded $807 million, primarily from trading fees.
- Since July, PumpFun has repurchased nearly $97 million worth of its native token PUMP.
- Hyperliquid’s daily revenue was approximately $2.4 million, placing it fourth in the rankings.
The recent surge in PumpFun’s revenue showcases its strong market position and effective buyback strategy for PUMP tokens, which have contributed to increased investor confidence and trading activity.
With analysts projecting a potential all-time high of $0.012 for PUMP, the platform is set to strengthen its lead over competitors like Hyperliquid (HYPE). (Source)