Pump.fun Surpasses Ethereum in Fee Revenue, Witnessing Remarkable Developments in the Cryptocurrency Market

The cryptocurrency market in 2025 is witnessing interesting developments as Solana-based meme coin platform Pump.fun has reportedly surpassed Ethereum in terms of transaction volumes and fee revenue.

According to data from Token Terminal, Pump.fun has generated $296.1 million in transaction fees so far this year, compared to Ethereum’s $249.1 million. This milestone highlights the meteoric rise of meme coin platforms and signals a potential recovery for this segment amid a volatile market.

Pump.fun Has Surpassed Ethereum: A Comparison Chart

Data from Token Terminal shows that Pump.fun has surpassed Ethereum in total fee revenue for 2025 and has maintained its lead in weekly fee capture for nine consecutive weeks. This consistency showcases Pump.fun's strength and persistent growth.

When comparing the platforms' performance in a chart, it becomes clear that Pump.fun has made significant strides, especially since early 2025.

The graph shows a sharp increase in transaction fees generated by Pump.fun, whereas Ethereum's numbers have remained relatively stable.

Moreover, according to Dune Analytics, Pump.fun has seen over 10 million tokens created on its platform in the past month, with more than 30,000 new tokens launched daily.

This highlights the tremulous meme coin ecosystem on Pump.fun, where users can easily create and trade new tokens at low costs and high speeds, thanks to Solana’s blockchain technology.

Why Is Pump.fun So Successful?

Several factors contribute to Pump.fun's success. Firstly, the platform fully leverages the advantages of the Solana blockchain, which is known for its fast transaction speeds and low fees.

This factor is particularly appealing to meme coin traders, who often engage in frequent, small-scale transactions.

Secondly, Pump.fun has created a user-friendly environment for creating and trading new tokens, which encourages a large user base and, in turn, boosts fee revenue.

Additionally, Pump.fun is continually making improvements to enhance the user experience. While there are no confirmed plans for a token launch, the platform has introduced several advanced features for professional traders.

Recently, Pump.fun announced the launch of PumpSwap and the reactivation of its livestreaming feature for all users following a trial period, now with stricter moderation rules. These improvements attract more users and solidify Pump.fun's position in the market.

Despite Pump.fun's transaction volume dropping by 95% from its peak and the platform's continuous transfer of SOL to exchanges, its impressive growth remains a positive signal for the meme coin market.

With over 30,000 new tokens being created daily on Pump.fun and supported by platforms like Raydium LaunchLab, meme coins appear to be regaining momentum.

However, not everything is rosy. The recent emergence of other meme coin launchpads, such as LaunchLab and Auto.fun, has sparked competition.

Some critics argue that Pump.fun is overly focused on profit maximization without delivering real value to the community, potentially encouraging risky trading behaviors.

Looking ahead, Pump.fun has the potential to continue growing if it keeps innovating and addressing community concerns. To ensure sustainable growth, the platform must prevent itself from becoming a breeding ground for scam projects, a persistent challenge in the meme coin market.