PUMP Explodes 33% as Pump.fun Fees Cross $10M Weekly Milestone
- PUMP gained 33.8% weekly as Pump.fun fees surpassed $10 million for the first time.
- Pump.fun generated $35.67 million monthly revenue, surpassing Hyperliquid during the same period.
- Upcoming token unlocks and overbought indicators could challenge PUMP’s strong bullish momentum.
Pump.fun — PUMP, has delivered one of the strongest rallies among Solana tokens this week. The token traded near $0.0028 on August 11. That marked a 33.8% gain over seven days. PUMP also climbed more than 104% during the past month. The rally now has a stronger foundation beyond price action alone. Pump.fun recorded record weekly fees while trading activity accelerated across the platform. Traders now face strong momentum alongside an approaching token unlock.
Pump.fun Activity Strengthens the PUMP Rally
Pump.fun generated $10.03 million in protocol fees from August 3 through August 9. Weekly fees increased 12% from the previous week. The milestone also marked the first $10 million reading under the current reporting series. Ecosystem trading volume reached $2.97 billion during the same period. Pump.fun described the figure as the strongest weekly total since late January. PumpSwap handled $2.22 billion of that volume.
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