according to The Block, the Solana-based Memecoin issuance platform Pump.fun has accumulated revenue exceeding 800 million US dollars, mainly from a 1% transaction fee. The platform recently regained its lead in the number of graduated tokens, as the top Memecoin deployers of LetsBonk.fun migrated to Pump.fun. Pump.fun's daily revenue is stable at over 1 million US dollars, while LetsBonk.fun's daily revenue has dropped to below 30,000 US dollars. In addition, Pump.fun raised 6 billion US dollars in 12 minutes through its first token issuance last month, and is currently buying back tokens at a price higher than the market price to stabilize the price. Solana has recently been surpassed by the Base network, with Base launching 57,970 Memecoins in a single day compared to Solana's 32,760.