In July 2025, Pump.fun, a prominent memecoin platform on Solana, successfully raised $1.32 billion, significantly impacting the total crypto funding.
Main Pump.fun Funding
Pump.fun completed substantial funding of $1.32 billion, including a $600 million public sale, finalized in just twelve minutes. This success indicates the growing interest in memecoins and highlights the platform's influence on the Solana ecosystem.
Impact on Solana Activity
Following the funding, there was a noticeable uptick in stablecoin activity, indicative of heightened market interest. The Total Value Locked (TVL) on Solana also saw a sharp increase, coinciding with rising memecoin trading volumes.
Crypto Market in July 2025
As a result of the funding activity, $2.67 billion flowed into the cryptocurrency market in July. This funding event echoes the ICO boom, positioning Pump.fun at the forefront of this movement, drawing renewed attention to memecoins and decentralized finance.
The funding of Pump.fun represented a significant milestone in July 2025, increasing not only investments in cryptocurrency but also acting as a catalyst for Solana's growth and interest in memecoins.
