Pump.Fun, a Solana-based token launch platform, is reportedly set to roll out a series of updates, with a possible extension to the Ethereum ecosystem.
This step comes when the platform is confronted with increasing competition in the fast -growing market for generating token.
Pump.Fun’s new updates?
On July 7, Dumpster Dao, a crypto -trading and research platform, reported That new application programming interface (API) documents from Pump.Fun suggested various upcoming functions.
The API documents reveal end points that indicate a subscription model, Stripe Webhook integration, order books and social functions such as messages, messages and video support.
Dumpster Dao also reported that users will soon be able to set subscription prices and launch their tokens, which suggests that a shift to a more maker-driven ecosystem.
A remarkable detail is the potential compatibility with Ethereum Virtual Machine (EVM) chains.
According to the Dao:
“The size of the order schedule also indicates that EVM chains can be supported, either via an existing chain or a new one. There is no indication of which chain would use, but” approvals “are usually used in EVM chains.”
The new order book function of the platform, also discovered in the API, is said to be handled by the server, although the intended function The intended function is still unknown.
Moreover, the documents point to improved moderatite tools, indicating a broader focus on platform board.
Dumpster Dao Added:
“Yet most of these are still speculative. There are indications for other functions such as improved moderation and something that is called ‘clips’, but this has not been publicly announced.”
From the moment of the press, the Pump team has yet to respond CryptoSlate’s Request for comments.
Bonk. Fun’s competition
These developments come in a critical time for Pump.Fun, which is now confronted with increasing competition from Bonk.Fun. The rival launchpad, supported by the Bonk Memecoin Community, recently caught up with Pump.Fun in various important statistics.
Facts From Delphi Digital shows that Bonk.Fun is now leading daily token launches, which means that more than 50% of the market is recorded with more than 16,000 launches in one day. It is also good for 64% of the Raydium token, with daily diploma diplomas that rise from 10 to 170 within a month.
Dune analysis facts Also showed this switch in dominance. In 24 hours, Pump.Fun created around 9,936 tokens, while Bonk.Fun, also known as Letsbonk, produced more than 21,000. Tokens that graduate from Bonk.fun also surpassed pump.Fun with almost three on one.
Since the debut in January 2024, Pump.Fun has led the Token Launchpad space. But the rapid growth of Bonk.Fun, fed by more substantial stimuli and a controversial Bonk Buyback and Burn program, has challenged his dominance. The platform assigns 50% of its income to buy back and burn Bonk tokens, with around 300,000 Sol that is now being held in a public address.
Crypto analyst Dexter commented on development, proverb That Bonk.Fun is the first Solana-based token launch path that exceeds Pump.Fun in platform income, less than six months after the launch. He called the shift “a victory for both Bonk and the wider Solana Ecosystem.”
