Pump.fun token PUMP surges 10%‑20% as revenue climbs

The Solana‑based memecoin launchpad Pump.fun saw its native token PUMP rise sharply, gaining about 10% in one report and nearly 20% in another over a 24‑hour period. The price approached a key resistance level near $0.0022, with technical analysis noting a breakout above a multi‑month descending channel and heightened trading volume.

Pump.fun reported $32.84 million in revenue for the most recent 30‑day period, roughly $6 million above the prior month, while daily protocol fees increased 22.6%. Analysts highlighted spot‑led buying pressure and a potential short‑term pullback after the token reaches the identified resistance zone.