The memecoin launchpad Pump.fun has introduced “Pump Advance,” an upgraded trading terminal and hinted at upcoming token releases.
During an X Spaces event on Oct. 19, the Solana(SOL)-based platform announced the rollout of their newly enhanced trading terminal Pump Advanced, branding it the “fastest trading terminal.” The updated platform allows users to create a non-custodial wallet by signing in with their email.
Pump.fun asserted that the new terminal would feature 0% fees during its first month post-launch and includes extra functionalities designed to help users track meme coins in real time. Notable features include mini charts, top holder statistics, and social activity tracking, among others.
In conjunction with the launch of Pump Advanced, the Pump.fun team also indicated a potential future token release, although specific timelines were not disclosed.
As of this writing, the Pump Advanced platform is operational. The homepage showcases the launchpad’s latest meme coins on a chart that updates in real time with every new addition to the Pump.fun ecosystem.
Data from the analytics platform Dune indicates that by Oct. 21, Pump.fun had issued over 2.5 million unique tokens since its launch in Jan. 2024. Each meme coin is accompanied by mini charts that display market trends, live discussions, and coin holders.
The new terminal also allows users to buy meme coins directly from the main page through the “Quick Buy” button. At the top of the site, users can view meme coins that are about to launch on the “About to graduate” panel.
In September 2024, Pump.fun emerged as the fastest-growing application by revenue in the crypto sector, amassing over $100 million within the first seven months of its launch.
The protocol has played a crucial role in the popularity of meme coins within the crypto landscape, enabling anyone to create meme-themed tokens on Solana’s blockchain. Once developers initiate a coin, crypto trades follow a bonding curve until its market capitalization exceeds $69,000.
