Pump.fun Shifts Token Burning Strategy, Now Allocating Half of Revenue to Operations
Pump.fun, a Solana-based token issuance launchpad, has been operating under a unique model where all revenue generated was used to buy back and burn its native token, PUMP. This approach, which has been in place for nine months, aimed to support the token's price by continually reducing its supply. However, following a review, the company has decided to alter its strategy. Going forward, Pump.fun…
April 29, 2026, 8:55 a.m.