Pump.fun Launches 'Glass Full Foundation' to Support Memecoins Amid Revenue Decline

robot
Abstract generation in progress

Pump.fun, a popular memecoin launchpad on the Solana blockchain, is fighting back against a sharp drop in revenue with a new liquidity-focused initiative. At its peak in early 2025, the platform generated over $7 million per day. But by August, daily revenue had plummeted to just around $200,000. To respond, Pump.fun has introduced the Glass Full Foundation (GFF) — an initiative designed to inject liquidity into selected ecosystem tokens and support the platform's most loyal communities. However, the team has not disclosed how the initiative is funded or how the supported tokens will be chosen. “GFF will inject significant liquidity into ecosystem tokens to support our most diehard cults,” the team said in a post on X. Some initial liquidity deployments have already been made, with more reportedly on the way.

Who’s at the Top? Among the most notable tokens in the Pump.fun ecosystem is fartcoin (FART), which recently surpassed $1 billion in market cap. The second-largest is peanut the squirrel, inspired by a viral Instagram story, currently valued over $253 million.

A Strategic Move in a Crowded Space The move comes at a time when rival platforms like LetsBonk.fun — backed by the Bonk community — have been gaining momentum and outpacing Pump.fun in activity and revenue. While Pump.fun’s announcement signals a commitment to supporting its existing user base, some observers remain cautious. The lack of transparency around GFF’s funding and token selection has raised questions about fairness and sustainability.

Growing Pains in the Memecoin Economy The memecoin boom that fueled Pump.fun’s early success is cooling. Analysts point out that without fresh momentum, many such platforms risk stagnation. By shifting its focus toward liquidity support, Pump.fun may be trying to evolve from a simple launchpad into a more resilient ecosystem hub — but whether the Glass Full Foundation can deliver on that promise remains to be seen.

#pumpfun , #solana , #memecoins , #CryptoLiquidity , #CryptoNews

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies! Notice: ,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)