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Pump.fun responsible for 70% of token launches on Solana network

Pump.fun, a MAJOR player on the Solana network, is responsible for more than 70% of token launches. This dominance is attributed to the platform’s ease of use, making token creation accessible and affordable for many. Over its lifetime, Pump.fun has seen more than 5.5 million tokens created.

Despite its HIGH creation rate, only 1.21% of tokens meet the criteria for decentralized exchange listings. Pump.fun’s control over the network has varied, once reaching 75.5%, but has recently stabilized around 70%. This fluctuation reflects both its success and the competitive environment of Solana’s ecosystem.

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