The Solana chain meme currency deal has been warming again in the near future, driving Pump. fun back to the full chain DEX front. As transactional, income and buyback data rebounded, market attention turned to the impending PUMP de-locking.

Single-day trade to $725 million

Pump.fun is reported to be one of the most active spot-trading sites in the chain, with a single-day turnover of $725 million. Solana's meme currency trade heat has risen significantly in the last two weeks, and the number of DEX interactive wallets in the chain has exceeded 517,000.

The article mentions that since June 27, when the relevant meme currency was introduced, Pump.fun ' s income and weekly DEX turnover has increased by 32.2 per cent and 57.2 per cent respectively in early June. The recovery in dynamism has also brought speculation back to the market.

8.25 billion PUMPs will be unlocked on July 12th

According to Tokenomist data, PUMP will be released after one year of the token creation event. The initial number of tokens in circulation was 82.50 billion, estimated at $135.7 million at the current valuation and distributed to teams and investors.

The tokens will be in circulation on July 12th, and thus become one of the most important variables in the market today. For traders, large-scale unlocking usually implies an increase in potential volatilisation, especially at the stage of a rapid recovery in the heat of a project transaction.

  • Number of unlocked: 8.25 billion PUMP
  • Current valuation: approximately $135.7 million
  • Unlock time: July 12

However, some early investors argued that the current PUMP valuation still did not meet the so-called “reasonable pricing” zone, so that the first round of unlocking would not necessarily be immediately converted into a concentration pressure. According to Mike Dudas, the 6th Man Ventures management partner, the price of the market ' s impact on unlocking the lock may still be in progress.

Solana re-emerged with BNB Chain's meme

As Solana trades on meme currency warms, a follower project has emerged on BNB Chain, trying to replicate similar heat. It is mentioned that coins such as US$CZ and US$TCC have emerged in succession, and that they compete for liquidity and market concerns.

However, in terms of valuation and continuity, the equivalent coins on BNB Chain do not yet generate a kinetic energy comparable to that of Solana. In the case of $CZ, the total diluted valuation rose to $87 million at one time and then fell to more than 50 per cent, reducing the market value to $390 million.

According to some market observers, BNB Chain still lacks a meme-direction that can independently shape narratives, and traders are more replicating topics that have already emerged in other chains. By contrast, Solana remains the main recipient of this round of meme currency trade heat.