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Pump.fun, the Solana-based memecoin development platform, has seen monthly revenue from agreements hit an all-time high yet again, another indication that retail is digesting more memecoins.
Pump. Retail sales of fun products hit a new monthly high at $28. 73 million worth of agreement income was generated during July, as reported by the Entropia Intel news aggregator in its Aug. 13 X post.
Less than two weeks after the Pump, memecoin platform sets a record of the highest monthly income. fun outperformed the Ethereum blockchain in the average daily revenue starting July 29th when fun made $864,000 and Ethereum made $550,000 in 24 hours.
This is primarily due to the rising retail interest in memecoins, especially on its native blockchain – Solana – that birthed some of this cycle’s most popular memecoins.
The post Pump.fun Hits Record $28.7M in Monthly Revenue as Memecoin Mania Soars appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
