PUMP Price Jumps 21% as Pump.fun Overtakes Tron and Hyperliquid in Protocol Revenue

Pump.fun (PUMP) Surges 21% After Overtaking Tron and Hyperliquid in Daily Revenue

Pump.fun's native token PUMP extended its impressive rally after the Solana-based memecoin launch platform surpassed both Tron and Hyperliquid in 24-hour protocol revenue, signaling a sharp increase in user activity and ecosystem growth. The combination of rising network revenue, strong trading volume, bullish derivatives positioning, and high-profile investor accumulation has strengthened optimism that the recent breakout could have further room to run.

Over the past 24 hours, PUMP climbed more than 21%, while trading volume surged by over 400%, reflecting renewed interest from both retail and professional traders.

Pump.fun Surpasses Tron and Hyperliquid in Daily Revenue

One of the biggest catalysts behind PUMP's recent price surge was Pump.fun's impressive revenue performance.

According to the latest on-chain data, the protocol generated approximately $893,255 in daily revenue, outperforming several major blockchain ecosystems and decentralized trading platforms.

The latest rankings show:

• Pump.fun: $893,255
• Tron: $652,163
• Hyperliquid: $542,197

Outperforming established crypto networks in protocol revenue highlights the growing popularity of Pump.fun's ecosystem and demonstrates continued demand for its memecoin launch infrastructure.

Higher protocol revenue often reflects increasing user engagement, stronger transaction activity, and expanding ecosystem adoption—all factors that investors frequently monitor when evaluating blockchain projects.

PUMP Price Jumps as Trading Volume Explodes

The improvement in network fundamentals quickly translated into price action.

PUMP rallied approximately 21.16% over the past 24 hours, climbing to around $0.001993.

Even more notable was the dramatic increase in trading activity.

Daily trading volume surged by nearly 404%, reaching approximately $140 million, indicating that buyers aggressively entered the market following the revenue milestone.

Such sharp increases in both price and volume are generally viewed as stronger confirmation of bullish momentum than price appreciation alone, as they suggest broader market participation rather than isolated buying activity.

Whale Accumulation Boosts Market Confidence

Investor sentiment received another boost after well-known crypto trader Ansem disclosed a fresh $100,000 purchase of PUMP.

Large purchases by prominent market participants often attract additional attention from retail traders, particularly when they occur during periods of improving technical and fundamental conditions.

While a single investment does not guarantee continued gains, it reinforced the growing narrative that confidence in Pump.fun is extending beyond short-term speculation.

Instead, market participants increasingly appear focused on the protocol's expanding ecosystem and rising on-chain activity.

Derivatives Traders Continue Favoring the Bulls

Despite PUMP's rapid appreciation, derivatives traders have shown little sign of reducing their bullish exposure.

Data from CoinGlass indicates that Binance's Top Trader Long/Short Ratio has climbed to 1.60, suggesting experienced traders continue favoring long positions.

Current positioning shows:

• 61.49% of top trader accounts remain long
• 38.51% maintain short positions

The imbalance reflects continued optimism among sophisticated market participants, who appear to expect additional upside despite the token's recent rally.

High long exposure can increase the risk of liquidation if momentum suddenly reverses. However, the latest data indicates traders have largely maintained their bullish outlook rather than locking in profits.

This suggests confidence remains elevated, although continued buying pressure will likely be required to sustain the current trend.

Technical Analysis: PUMP Breaks Key Resistance

From a technical perspective, PUMP has delivered a significant bullish breakout.

Price successfully moved above the previous resistance level around $0.001637, transforming that area into an important support zone.

Maintaining this newly reclaimed support could strengthen the probability of additional upside in the coming sessions.

The next major resistance is located near $0.002314.

A decisive move above this level would reinforce the bullish structure and could open the door toward the broader upside target around $0.003000, provided momentum and trading volume remain supportive.

RSI Signals Strong Momentum but Caution Is Warranted

Momentum indicators continue reflecting strong buying pressure.

The Relative Strength Index (RSI) has climbed to 69.57, placing it just below the traditional overbought threshold of 70.

The indicator has also moved well above its signal line, confirming the strength of the current rally.

While elevated RSI readings often accompany powerful bullish trends, they can also indicate that short-term price gains have become extended.

If buying activity remains strong, RSI can remain in overbought territory for prolonged periods during sustained uptrends.

However, traders should also be prepared for increased volatility if profit-taking emerges after such a rapid advance.

Key Technical Levels to Watch

Support: $0.001637

Following the breakout, this former resistance has become the primary support level. Holding above it would preserve the current bullish market structure.

Immediate Resistance: $0.002314

A successful breakout above this level would strengthen the continuation pattern and increase the likelihood of another upward leg.

Major Bullish Target: $0.003000

If momentum continues building alongside improving ecosystem fundamentals, this area represents the next significant upside objective.

Outlook

Pump.fun's latest rally appears to be supported by more than short-term speculative enthusiasm. The protocol's ability to generate more daily revenue than both Tron and Hyperliquid demonstrates growing adoption and increasing on-chain activity, reinforcing confidence in the platform's expanding ecosystem.

At the same time, a 21% price rally, 404% surge in trading volume, bullish positioning among Binance's top traders, and a $100,000 purchase by crypto investor Ansem have combined to strengthen positive market sentiment.

From a technical standpoint, PUMP has successfully broken above a key resistance level, shifting momentum in favor of buyers. If the token continues holding above $0.001637, attention will likely shift toward the next resistance at $0.002314, with $0.003000 remaining the broader bullish objective.

However, with the RSI approaching overbought territory, traders should also remain mindful of the possibility of short-term consolidation or profit-taking before any sustained continuation higher. The coming sessions will likely determine whether the current breakout evolves into a longer-term uptrend or pauses for a healthy correction before attempting another move higher.

Todor Tsonev publication: "PUMP Price Jumps 21% as Pump.fun Overtakes Tron and Hyperliquid in Protocol Revenue" was written for 24crypto.news

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