Pump.fun Unveils New Trading Terminal and Teases Token Launch
By: Eliza Bennet
Pump.fun, a prominent Solana-based memecoin launch platform, has announced the introduction of its new trading terminal, Pump Advanced. The announcement came during a Twitter Spaces event, where the platform teased a new token and the possibility of an airdrop following a successful period for the company. The new terminal, designed to offer enhanced trading experiences, integrates multiple features that position it as a potential rival to established platforms such as Photon and Bull X.
The Pump Advanced terminal is optimized for the platform's user base, offering integrated tools like mini charts, top holder statistics, and social activity features in a unified interface. It also supports secure logins through the Privy non-custodial wallet solution, providing an additional layer of user security. The terminal is set to attract new traders with a 0% fee for the first month of its operation, mirroring strategies seen in other high-traffic crypto platforms.
Pump.fun co-founder Sapijiju, during the event, indicated future plans for launching a token and hinted at a potential airdrop. Although no official timeline was disclosed, the confidence expressed suggests that the token launch will likely occur on the Solana network, continuing the platform’s trend of leveraging Solana’s infrastructure. Since its inception in January, Pump.fun has gained substantial traction, generating over $140 million via the creation of more than 2.5 million Solana-based tokens and achieving a daily high of 31,600 newly created tokens.
The platform has been instrumental in popularizing meme coin creation, pushing trends like celebrity-themed coins and viral livestream initiatives. Recent activities have seen Pump.fun surpass $1.1 billion in trading volume amid growing user engagement. As it leverages these new tools and plans, Pump.fun is poised to further embed its footprint in the meme coin sector, contending with rising competition from other networks.
