Pump.fun Token Issuances Are Increasing: Rise Expectations in Solana

Token Issuances Increase on Pump.fun

As a leading memecoin launch platform on Solana, Pump.fun (PUMP) has shown remarkable development in January, securing its place in the markets. Analysts indicate that this increase signifies a renewed interest in Solana memecoins.

Key Indicators of Growth

According to Dune data, the number of new tokens produced daily on the Pump.fun platform has reached 39,000, marking the highest level since April 2025. Additionally, as of January 27, the platform's daily active address count has risen to 300,000. This figure stands out as the highest value observed since the beginning of last year.

New Wallet Addresses and User Activity

It is noteworthy that more than half of the new users on Pump.fun are new wallet addresses. This situation reflects a renewed excitement among investors regarding the trading and launch of Solana memecoins. Artemis data shows that the number of returning users to the platform has also reached an all-time high. Returning users are defined as wallets that have not engaged in transactions for at least 180 days.

Increased Revenue and Buyback Volume

These developments on Pump.fun have resulted in a significant increase in the platform's revenue. The project is known for utilizing a large portion of its revenue for buying back its tokens. Reports indicate that over 19,000 SOL was used for the buyback of PUMP tokens on January 27, which marks the highest daily buyback amount seen to date.

Price Increase of PUMP Token

PUMP has gained 76% in value over the past month, finding strong support in the market. The Solana memecoin market has reached a market cap of $5.8 billion according to CoinGecko data. In the last 24 hours, the market value of Solana memecoins has increased by 5%, while trading volume has surpassed $1.2 billion.

While some memecoin projects have achieved significant gains, it is noted that the broader market still requires external capital for a more extensive and sustainable recovery. CryptoRank reminds investors to be cautious, noting that many memecoins have still lost over 90% of their value.