Solana Memcoin Launchpad Pump. Fun’s monthly revenue decreased by 2025 in July, indicating a sharp decline in the Memcoin construction sector after months of decline.
Defi analytics platform defilema, pump.fun for data.
The platform’s revenue has steadily declined this year, decreasing by $ 90 million in February before plugging $ 37 million in March, Defilma data show.
The revenue holder of the protocol parts $ 40 million for the next three months before reaching its lowest point in July.
The speed of mirrors with sharp declining mirrors in the broad Memcoin sector, which had experienced an increase in trading volume and market captilation in July before it cooled rapidly.
Memcoin Trading Volume falls 67% from the summit of July
Memcoins performed well last month, stating analysts that the region rose. Coinmarketcap data showed that Memcoin recorded a high 85 billion and $ 17.22 billion of $ 85 billion in market capitalization in a 24 -hour trading volume on 23 July.
However, the Memcoin sector was unable to maintain its Rali. On Monday, coinmarketcap data showed that the overall memecoin valo it fell by $ 65 billion in July, 23.5% below its peak.
In addition, the 24-hour trading volume declined to $ 5.59 billion, falling 67% from the July 23 record.
The new tokens created in August have declined in the top Mamcoin Launchpads’ house, Solana Network.
Solskain data has shown that on Saturday, Solana had only 34,040 Solanna program library (SPL) tokens. This was the lowest day recorded in the last three months.
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See Drops in Solana Memcoin Launchpads Daily Track and Volume
Business activity
On 9 July, pump.fun had a daily record of 346,000 traders and $ 348 million in quantity. Its opponent, Latsbone recorded a volume of 208,000 traders and $ 503 million.
On Monday, data from decentralized exchange aggregator Jupiter showed that the pump. Fun had 129,000 traders and $ 150 million volume, daily traders fall by 62% and a 24-hour drop by 56%.
Latsbone recorded 260,000 traders, which was 25% from the July 9 record. However, its daily trading volume was $ 453 million, which was about 10% below 9 July.
magazine: Memcoin Digen