Pump.fun becomes Solana’s first $1B revenue platform as Ethereum, Base, BSC and Monad subdomains hint at cross-chain move

Pump.fun has become the first platform on the Solana blockchain to surpass $1 billion in cumulative revenue since its launch in early 2024, generating approximately $1.08 billion in total earnings across 2024, 2025, and 2026 projections.

This milestone positions Pump.fun ahead of major Solana players like Jupiter and Raydium in terms of cumulative revenue. The platform aggressively supports its token, PUMP, by allocating nearly all protocol revenue toward buybacks, having repurchased about $323.4 million worth of tokens, which constitutes 28.8% of the circulating supply, although PUMP still trades below its ICO price.

Coinciding with this financial achievement, domain records indicate Pump.fun is exploring cross-chain expansion, showing subdomains referencing Ethereum, Base, BSC, and Monad, and the platform recently removed Solana from its X profile location. This follows recent product expansions, including adding support for tokens from rival Solana launchpads and acquiring the cross-chain trading terminal Vyper.

(Source：The Block)