Pump.fun ATH This Year? PolyMarket Split 50/50 as $500M Meme Coin Factory Faces Crash Fears

Polymarket has opened a new prediction market around Pump.fun, the Solana-based meme coin launch platform that has quickly become one of the most active platforms in the crypto ecosystem.

The market allows users to bet on whether Pump.fun’s token, PUMP, will reach a new all-time high by December 31, 2025.

Currently, the bets are evenly split, with ‘Yes’ and ‘No’ outcomes costing 50% each. The balance reflects uncertainty among traders, who are weighing Pump.fun’s rapid growth against questions about its long-term sustainability.

Pump.fun powers nearly 13 million token launches on Solana, $500 million in collected fees

Since its launch in early 2024, Pump.fun has enabled the creation of more than 7 million tokens, according to to Galaxy research. Nearly 13 million of the 32 million tokens on Solana have been launched via Pump.fun, marking an increase of almost 300% in less than two years.

Tokens on the platform represent $4.8 billion in fully diluted market value, while Pump.fun itself has generated nearly $500 million in fees.

The expansion of the platform has had a direct impact on the broader Solana ecosystem. High trading volumes on Pump.fun have channeled liquidity into Solana, sometimes supporting SOL’s price gains.

At its peak, Pump.fun’s revenue was $13.48 million in one week between August 11 and 17, its strongest performance since February. Over the past 30 days, the launch pad has generated approximately $120 million in fees. according to to DefiLlama.

Daily activity remains high. In the last 24 hours, Pump.fun included $134.3 million in trading volume and 114,457 active addresses. More than 20,000 new tokens were deployed on the platform, while 95 ‘graduates’ crossed the bonding curve stage. Fees collected during the same period totaled $1.29 million.

Despite these milestones, concerns remain. Data shows that 98.6% of Pump.fun tokens are classified as scams or pump-and-dump projects, raising questions about sustainability.

The average holding time for Solana meme coins has also fallen to around 100 seconds, from 300 seconds a year earlier, demonstrating the dominance of bots and scalpers in trading operations.

Pump.fun launched its own token, PUMP, in July through an initial coin offering that raised $500 million in less than 12 minutes. The token has seen sharp moves since then.

It hit an all-time high of $0.008819, but is now trading at $0.007028, about 20% below that peak but still up 75% in the last 30 days. Its market capitalization is $2.48 billion, ranking it 66th on CoinGecko.

The introduction of Polymarket’s new betting market adds a new dimension to the story, giving investors a structured way to quantify sentiment.

With the odds currently split, the market is emphasizing both confidence in Pump.fun’s explosive growth and caution about the volatility of meme coin-driven ecosystems.

Pump.fun token is gaining momentum amid ecosystem upgrades and institutional interest

Pump.fun continues to turn heads with a mix of ecosystem updates, stock market listings, and corporate adoption, fueling bullish sentiment for its native token, PUMP.

The platform’s major upgrade, Project Ascend, announced on September 2, introduced a new maker fee structure aimed at improving token sustainability. The system, called Dynamic Fees V1, reduces fees as market capitalization rises, encouraging long-term projects rather than short-lived speculative launches.

This move, coupled with faster approvals for community-led token acquisitions, helped PUMP gather more than 10% on unveiling day.

Expansion efforts soon followed. Mid-September, Binance added PUMP to its spot market, offering traders the chance to share in a rewards pool of 350 million tokens.

On October 1, Pump.fun announced new payment integrations with Apple Pay, Robinhood, Phantom and others, streamlining access for users with low fees and instant trading access

Institutional interest has also emerged. On October 2, Australia’s Fitell Corporation announced a purchase of 216.8 million PUMP tokens worth $1.5 million, adding them to its treasury as part of a broader Solana-focused investment strategy.

The company, renamed Solana Australia Corporation, recently secured a $100 million line of credit to increase its cryptocurrency exposure.

Technical indicators suggest momentum could be building. Analysts point to a possible bullish crossover on the MACD and rising capital inflows, as evidenced by the Chaikin Money Flow, both of which point to stronger investor demand.

PUMP, trading around $0.0066, is looking to hold $0.0062 as support, with targets of $0.0077 and $0.0090 if buying pressure continues.

The message Pump.fun ATH this year? PolyMarket split 50/50 when Meme Coin Factory Faces $500 Million Crash Fears first appeared on Cryptonews.

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