Token generator SunPump started earning more than PumpFun service on the Solana network. On August 21, 7531 tokens were launched on SunPump, and the daily income of the service amounted to 3.65 million TRX ($548 thousand at the rate on August 22), according to the analytical platform Dune.
PumpFun launched 6941 tokens, which brought in revenue of 2.57 thousand SOL (about $367 thousand). The PumpFun platform was launched on the Solana blockchain in the spring of 2024. It allows you to create and launch meme cryptocurrencies. The project turned out to be popular, in July it earned $28.73 million, the maximum daily income of the service was $864 thousand.
A similar platform, SunPump, was launched in the Tron ecosystem on August 13. It was immediately called a competitor to PumpFun. In the week after the launch of the service, the rate of the native coin of the Tron blockchain (TRX) grew by 25%. The good work of the developers has inspired "long-term optimism" regarding the project, Santiment notes. And this is facilitated not only by the increased network activity in the Tron network and the popularity of memecoins.
The ecosystem continues to develop partnerships with a variety of projects and companies, which promises to “increase the visibility and volume of tokens” issued on the Tron network, Santiment writes. According to analysts, this will contribute to further community development and investment.
In addition, experts believe that the involvement and reputation of Justin Sun (the founder of the Tron blockchain) gives the project credibility. He actively participates in the ecosystem projects and promotes them on social networks.
“Investors are optimistic about its ability to meet challenges and drive growth for Tron,” the analyst said.
