Pump.fun Platform Ready to Rock the Crypto World with $1 Billion Fundraising!

Jakarta, Pintu News – Pump.fun, a memecoin platform, is reportedly preparing to raise $1 billion through a token sale. The platform has gained significant popularity thanks to the Solana memecoin craze, with revenues reaching $700 million. Now, Pump.fun is approaching ‘unicorn’ status with a valuation of $4 billion.

Check out the full information below!

Pump.fun to Unicorn Status

Since its launch in February 2024, Pump.fun has shown rapid growth. The ease of creating tokens on the platform has fueled a huge surge in the number of memecoins created.

With over $700 million in revenue, Pump.fun has proven itself to be a popular platform among crypto users. This success has landed them in the ranks of ‘unicorn’ companies.

This upcoming token sale is expected to involve investors from different categories. Although the launch date is still undetermined, a post on X mentioned that the sale could happen within the next two weeks.

Read also: Will the GENIUS Bill be passed?

$4 Billion Valuation Indicates Memecoin Explosion

Memecoin, often associated with online pranks and trends, has surged in popularity, and Pump.fun has been a major factor in this phenomenon. The platform is very easy to use, so it attracts both casual and professional traders.

The $4 billion valuation shows investor confidence in Pump.fun’s growth, which is in line with broader market changes, such as BlackRock’s pivot to Ethereum (ETH). The connection with Solana has helped the platform gain attention quickly.

Solana enables fast and affordable transactions, which greatly benefits memecoin projects. Pump.fun has also improved several aspects of its platform, including the implementation of an automated market maker (AMM) that frees them from collaboration with Raydium, as well as the development of a mobile app and the restoration of live streaming features.

Also read: Pi Network Dominates Zypto VISA Card Usage, Potentially Outperforming XRP?

Increase in Active Users on Solana

The number of active addresses on the Solana network has undergone many changes recently. From mid-May to early June, the number of active addresses dropped to around 5.6 million and then rose to 7.6 million.

This shows that users continue to be actively engaged on the platform despite changes in the market. The price of the Solana crypto (SOL) remains unpredictable, with the price moving around $200. Analysts predict a possible SOL price rally following a trader’s long position of $3 million.

An increase in the number of active addresses indicates greater interest in the crypto market, and the low fees and scalability offered by Solana might encourage more people to trade.

Conclusion

With ambitious fundraising plans and continuous improvements to its platform, Pump.fun is poised to strengthen its position in the crypto world. As a key player in the memecoin trend, the platform not only increases value through innovation but also attracts more users to the overall crypto ecosystem.

That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.

Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various types of order types, and portfolio tracker only at Pintu Pro. Pintu Pro Futures is also available, where you can buy bitcoin leverage, trade btc futures, eth futures and sol futures easily from your desktop!

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coingape. MemeCoin Platform Pump.fun Plans Massive $1B Raise. Accessed on June 4, 2025
• Featured Image: Decrypt