Pump.fun posts $2B daily DEX volume as Solana memecoin activity rises

Beincrypto reports Pump.fun has recorded an all-time high daily DEX trading volume of $2 billion, according to DefiLlama, a milestone seen as a sign of renewed demand for Solana-based meme coins.

Data from Dune show the number of tokens “graduating” daily from Solana meme-coin launch platforms has reached a three-month high, with Pump.fun accounting for the majority. Pump.fun has also overtaken HumidiFi and Raydium to become Solana’s second-largest DEX, behind Meteora. Kraken and CoinGecko data cited in the report place total Solana meme-coin market capitalization up from $5.1 billion to nearly $6.7 billion since the start of the year, while daily trading volume rose from $850 million to over $2.57 billion. The coverage notes examples of strong retail interest, including demand for the LAMB token and a White Whale listing on Bybit 30 days after a takeover, and quotes investors who say activity feels like a potential memecoin bull run 2.0.

Analysts and the report say this momentum could signal a broader memecoin revival in 2026 but warn of market polarization: tokens with genuine utility are expected to endure, while those lacking fundamentals may fade, leaving the outlook dependent on whether liquidity and retail interest persist.

Key Topics

Crypto, Pump.fun, Solana, Defillama, Dune, Meteora