Pump.fun ranks third in crypto protocol revenue, trailing only Tether and Circle
Pump.fun reportedly climbed to the third-highest position in crypto protocol revenues, trailing only stablecoin issuers Tether and Circle. The milestone signals strong user activity and fee generation for the platform's token-launch model, reinforcing the durability of on-chain speculative demand. As Pump.fun is closely associated with Solana's ecosystem, the news may support near-term attention and liquidity rotation toward SOL-linked venues and assets.
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Pump.fun has reached a historic milestone in protocol revenue rankings, climbing to third place after surpassing multiple competitors. Its revenue now sits behind only the stablecoin issuers Tether and Circle. The result positions Pump.fun among the highest-earning projects in the crypto sector and highlights strong market acceptance of its business model, according to DiarioBitcoin.