Pump.fun’s DEX Volume Hits a New ATH: Is a Solana Meme Coin Revival Imminent?

Pump.fun, the leading meme coin launchpad on Solana, has recorded an all-time high daily DEX trading volume of $2 billion, according to DefiLlama data. This surge indicates growing demand for Solana-based meme coins, despite prior expert skepticism about the meme coin market. Furthermore, Pump.fun has surpassed other platforms to become the second-largest DEX on Solana, trailing only Meteora. The platform is seeing a three-month high in tokens "graduating" to official DEX liquidity pools, suggesting renewed retail investor interest and liquidity inflows into volatile meme coin narratives. Overall, the total market capitalization for Solana meme coins has risen significantly since the start of 2026, supported by high-profile token launches and listings on major exchanges like Bybit, leading some investors to predict a "memecoin bull run 2.0." However, analysts caution about market polarization, suggesting that only tokens with genuine utility will endure in the long term.

(Source：BeInCrypto)