Pump.fun accounts for over one-third of Solana’s Q1 revenue despite memecoin slowdown

CoinTelegraph·

Pump.fun accounts for over one-third of Solana’s Q1 revenue despite memecoin slowdown

60-second summary

Pump.fun is generating over one-third of Solana's Q1 revenue, pulling in $124.7 million, making it Solana's largest revenue generator despite a slowdown in memecoin activity. This significant revenue stream highlights the platform's resilience, while Solana's RWA market cap has crossed $2 billion, underscoring the network's growing adoption and market presence.

Pump.fun pulled in $124.7 million in Q1 2026, making it Solana’s largest revenue generator even as memecoin activity cooled, while the network’s RWA market cap crossed $2 billion.