HTX, PUMP, and Pumpfun: What's the Deal?

HTX lists PUMP, while Pump.fun faces legal headwinds. Discover insights and the latest trends in the crypto space.

Pump.fun has been making waves in the crypto world, but not all the news is sunshine and rainbows. Let's dive into the latest happenings around HTX, PUMP, and Pump.fun.

HTX Lists PUMP

Good news for PUMP enthusiasts! As of September 29, 2025, HTX, a leading global cryptocurrency exchange, has officially listed PUMP (Pump.fun). You can now trade the PUMP/USDT spot trading pair and the PUMP/USDT (10X) isolated margin trading pair on HTX. This move aims to grow the Pump.fun ecosystem by delivering value to its community and incentivizing the ecosystem.

Pump.fun's Legal Headwinds

However, it's not all smooth sailing for Pump.fun. A $5.5 billion class-action lawsuit alleges that Pump.fun's operations are akin to a casino. Ouch! This legal pressure has contributed to recent selling pressure, with investors possibly seeking safer harbors in crypto projects with real-life utility.

Jito Labs Dropped from Pump Fun Lawsuit

In a surprising turn, Jito Labs and two of its execs are being dropped from Burwick Law’s Pump Fun lawsuit “without prejudice” after an agreement was reached with Plaintiffs following the leak of 5,000 chat logs. These chat logs indicate coordination between Solana Labs and Pump Fun.

Insights and Trends

Despite generating substantial revenue, Pump.fun has faced challenges. Data showed Pump.fun even surpassed Hyperliquid in 24-hour revenue ($3.12 million versus $2.48 million), ranking third behind industry giants Tether and Circle. Yet instead of attracting new buyers, investors are rushing for the exit.

Digitap: A Potential Alternative?

With the ups and downs of Pump.fun, investors are looking for more stable options. Enter Digitap ($TAP), an omni-bank app that lets users spend crypto like cash. It supports Apple Pay and Google Pay, and even offers a no-KYC tier with a virtual Visa card. Some analysts are even modeling a 20x move higher for Digitap, based on its potential to solve everyday money problems.

Final Thoughts

The crypto world is always full of surprises, isn't it? While HTX's listing of PUMP brings some excitement, the legal challenges and market dynamics remind us to stay informed and maybe diversify a little. Who knows, maybe Digitap is the next big thing? Keep your eyes peeled!