Pump.fun has accounted for more than 70% of Solana token issuance in the past two days

Meme coin issuance platform Pump.fun has accounted for more than 70% of Solana network’s token issuance in the past two days and contributed more than 56% of decentralized exchange trading activity. In the past 24 hours alone, Pump.fun issued more than 45,000 tokens, bringing its total issuance for the year to more than 5.5 million. Although only 0.0085% of its issued tokens have exceeded $1 million in market capitalization, the platform still stands out with significant revenue performance, with revenue reaching $79.94 million in December, surpassing mainnets such as Tron and Bitcoin. (Decrypt)