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The Business of Memes: Solana's Meme Coin Factory Hits $774M in revenue
π Pump. fun has become a meme coin powerhouse on Solana β generating $774M in revenue, launching a $600M ICO, and minting nearly 12 million tokens since early 2024.
πͺ It lets anyone create tokens instantly, stream their launches live, and βgraduateβ successful coins to a built-in exchange β turning crypto launches into viral entertainment.
π With its wild growth, Pump. fun is changing how the world sees meme coins β fast, fun, and unstoppable.
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β Yesterday, Telegram officially launched the self-custodial TON Wallet for users in the United States. Wallet allows users to send and receive crypto (like USDT and Toncoin) directly inside Telegram β no extra apps or extensions needed.
β Wallet supports staking, DeFi access, zero-fee payments, and direct bank withdrawals. Users retain full control over their private keys.
β Following the news, TON Coin surged over 10%, briefly climbing above $3.40, before seeing a slight pullback later in the day.
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Bitcoin Stuck Between Resistance and Support, Altcoins Falter π―
πΈ Bitcoin remains range-bound near $118Kβ$120K following a record high, consolidating as it struggles to break resistance around $120K. Meanwhile, altcoins lag significantly: 48 of the top 100 saw double-digit losses in 24 hours, with XRP, Solana, and Dogecoin down amid regulatory uncertainty and delayed ETF approvals.
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Ethereum ETFs have outpaced Bitcoin ETFs in inflows for six days in a row!
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Now youβre scared to buy because Galaxy Digital sold some BTC?
Next week, inside this gap, BlackRock will βaccidentallyβ leak another decent BTC buy or Saylor will post orange balls on a chart again.
But none of that matters.π Chart first. News later.
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Over 913K Ethereum ($3.4B) lost forever due to user mistakes!
π₯ Including EIP-1559 fee burns, more than 5% of all ETH has been permanently removed from circulation.
Less supply = more pressure on future price
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The stablecoin market surged by nearly $5B in a week, reaching $264.9B !
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Despite Bitcoin dropping below $119,000, top analysts believe a massive altcoin rally is near. Miles Deutscher says Ethereum and altcoins are entering their final explosive phase.
ποΈ Historically, 80% of gains happen in the last 20% of market cycles!
ποΈ Philip Zion: Previous altseasons also began around August, with 25x runs in some meme coins.
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A special livestream with Vitalik and other devs will reflect on Ethereumβs evolution.
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π¬ Do you regularly use ChatGPT?
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β Goal: 100% uptime, massive scalability, and quantum resistance. It aims for 10,000 transactions per second on its main network, on side networks (Layer 2), it targets 1 million transactions per second.
πΉ Ethereum is building for the future
β Upgrades: A stronger backbone for Ethereum, boosting security, and a smarter, faster engine to run Ethereum apps β built to resist future tech threats like quantum computers.
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