News section
Pump.fun activity craters 80% in three months, dragging Solana fees lower as traders rotate into perps
The platform’s fall from grace is best reflected in the PUMP token itself, which is down 40% in the last six months.The following is an excerpt from The Block’s Data and Insights newsletter.
2026-06-17 02:26:00
Pump.fun burns $370 million in PUMP token, commits 50% of future revenue for buyback-burn program
Pump.fun announced that it has burned $370 million worth of PUMP tokens, and that it is launching a new buyback-and-burn program funded by 50% of future net revenue.The remaining 50% will be used to make “big bets” to grow the platform in the coming five to 10 years, co-founder Alon Cohen said.
2026-04-29 10:25:00
