Pump.fun milestones lift PUMP buybacks and revive Solana meme-coin activity

Beincrypto reports Pump.fun (PUMP), the leading meme coin launch platform on Solana, rebounded strongly in January, hitting record user and token-launch milestones that have driven renewed capital inflows into Solana meme coins.

Data from Dune showed daily token creations on Pump.fun surged to nearly 39,000 — the highest level since April 2025 — while daily active addresses reached 300,000 on January 27, with over half of those being newly created wallets. Analyst Adam said 350 tokens “graduated” from memecoin launchpads in a single day, the most in over six months, and Artemis data reported an all-time high in returning users. Official Pump.fun statistics also showed more than 19,000 SOL were used to buy back PUMP on January 27, the largest daily buyback on record, and the project has repurchased over 21% of the total PUMP supply by using nearly all its revenue for buybacks.

CoinGecko data put the Solana meme-coin market cap at $5.9 billion, with trading volume above $1 billion and a 5.3% rise in the past 24 hours. Several tokens posted sharp gains on project-specific news, though CryptoRank cautioned most meme coins remain down more than 90%, suggesting a broader, sustained recovery will likely require fresh capital inflows from outside the market.