Pump.fun Revenue Surpasses Ethereum in Last 7 Days

Bittime - According to the latest data from DefiLlama, revenue Pump.fun reached $6.29 million USD in the last 7 days, surpassing Ethereum's mainnet revenue of only $5.05 million USD in the same period.

Pump.fun Revenue Surpasses Ethereum

Source: Defillama.com

The fact that Pump.fun being able to outperform Ethereum in revenue is a significant achievement. Ethereum is known as one of the largest blockchain platforms. 

With various DeFi, NFT, and DApp projects, Ethereum often dominates in terms of transaction volume and revenue. So, it's quite surprising that Pump.fun managed to beat Ethereum in revenue.

Read Also: Over 1.8 Million Meme Coins Have Been Launched on Pump.fun

Causes of Income Pump.fun Higher

Following several reasons why Pump.fun can achieve higher revenues than Ethereum.

1. Low Transaction Fees: Pump.fun runs on Solana, which is known for its very low transaction fees compared to Ethereum.  
2. Transaction Speed: Solana also offers much faster transaction speeds, so activity in the blockchain is smoother and more efficient.
3. Interest in Meme Coin: Meme coins have their own appeal, mainly due to their often speculative nature, as well as the strong community behind them.

Impact on the Solana Ecosystem  

Achievement Pump.fun also shows that the Solana ecosystem is maturing and able to compete with other large platforms such as Ethereum. Solana, with its various advantages, has become one of the most talked about blockchains in 2023 and 2024. 

Success Pump.fun could trigger more similar projects to develop on the network, which could ultimately strengthen the Solana ecosystem as a whole.

Read Also: Raydium, Pump.fun, and Jito are the main sources of income for Solana 

How to Buy Crypto with Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.