Pump.fun’s Token Deployment Data
Pump.fun’s token deployment data shows a steep rise in activity from early 2024. Daily deployments climbed rapidly, reaching above 60,000 transactions at multiple peaks between October 2024 and February 2025. The cumulative total has now crossed 12 million deployments as of August 2025.
While recent months show a slowdown from the early-year highs, the historical growth curve remains upward. This trend indicates that even during quieter market phases, developers continue to create and launch new tokens on Solana. The scale of deployments suggests a deep pipeline of memecoin experiments, which could reignite in a bullish market environment.
Trading Volumes Highlight Pump.fun’s Market Share
On Solana’s decentralized exchanges, trading volumes exploded from mid-2024. Pump.fun-related tokens quickly grew to dominate the market, with monthly volumes surpassing $300 billion at their peak. In several months, pump.fun volumes exceeded non-pump.fun trading, underscoring its influence on Solana’s on-chain activity.
Although volumes have cooled from the highest levels, pump.fun continues to account for a large portion of Solana DEX trades. This sustained share indicates that its tokens remain liquid and actively traded, a critical factor for short-term price surges during market rallies.
Transaction Counts Show Sustained User Engagement
Monthly transaction data from Solana DEX platforms confirms that pump.fun-related activity consistently outpaced non-pump.fun transactions since mid-2024. At peak levels, these transactions surpassed 500 million in a single month.
This high throughput signals strong engagement from both traders and bots. In an altseason scenario, such engaged user bases can accelerate momentum when new speculative trends emerge. The transaction trend also shows that memecoin trading is not a marginal niche but a major driver of Solana network usage.
Fee Revenue Reflects Monetization Strength
Fee and revenue data in SOL shows that pump.fun generated substantial economic activity. Daily fee peaks exceeded 60,000 SOL in early 2025, while total cumulative revenue surpassed 4 million SOL by August 2025.
The correlation between deployment surges, trading spikes, and fee peaks suggests that market excitement directly drives revenue. Even though recent daily fee volumes have eased, the accumulated earnings indicate that pump.fun has built a strong revenue base. This financial resilience can support continued development and platform incentives, feeding into another potential surge during altseason.
Market Context for Altseason Potential
The observed patterns point to several conditions that could position Solana memecoins for another major rally: If broader crypto market sentiment turns bullish, these factors could amplify Solana memecoin price action quickly.
Solana Breaks Out from Falling Wedge Pattern
On August 14, 2025, Solana’s four-hour chart shows a clear breakout from a falling wedge pattern, a bullish setup where the price consolidates between two downward-sloping and converging trendlines before breaking to the upside. The move has already lifted SOL by about 8 percent from the wedge’s upper boundary, signaling strong market conviction.
The 50-period Exponential Moving Average, positioned at $184.72, acted as a dynamic support level throughout the pattern’s formation and the breakout. This EMA has provided a consistent base for price action, allowing buyers to defend against deeper pullbacks and build momentum.
Trading volume stands at 56.85K SOL in the current session, showing a noticeable increase compared to recent candles. This volume expansion confirms that the breakout is backed by strong participation rather than low-liquidity price drift. Sustained activity at these levels typically adds confidence to the breakout’s durability.
If buying pressure continues, SOL could extend its rally by another 18 percent from the current price of $202.73, reaching the projected target of around $238.12. This target aligns with the measured move from the wedge’s height applied to the breakout point. With both volume and EMA support in alignment, market conditions favor a continuation toward this level if momentum persists.
Solana RSI Near Overbought Territory
On August 14, 2025, Solana’s 14-period Relative Strength Index (RSI) on the four-hour chart is reading 67.12, with its signal line at 66.65. This level is just below the overbought threshold of 70, suggesting strong bullish momentum while leaving limited room before potentially signaling short-term exhaustion.
The RSI has been climbing steadily from the early August lows near the 30 zone, reflecting a clear shift from oversold to bullish conditions. The upward slope of both the RSI and its moving average indicates that buying pressure remains dominant.
If the RSI pushes above 70 alongside price continuation, it could indicate an overextended move, although in strong uptrends such readings often persist for extended periods. With the current bullish price breakout and rising RSI, momentum remains on the side of buyers, but traders may watch closely for any signs of divergence as the market approaches the next resistance around $238.