Pump.fun Token Graduation Rate Drops 80% Over Three Months as Platform Activity Slumps

According to Odaily, Pump.fun's seven-day average token graduation rate declined to 0.26% last week, representing an 80% drop over the past three months. The Solana-based memecoin issuance platform's daily average revenue has fallen to approximately $800,000 as of June, down from $4.8 million six months ago.

PUMP token price has declined roughly 40% over the past six months, reflecting deteriorating platform metrics. June-to-date revenue dropped 25% compared to the previous month, while token graduation rate fell 53% month-over-month, indicating the platform's core ability to push newly issued tokens to higher market valuations has weakened.