According to ChainCatcher, Buve Protocol, the token launch platform of Base and BNB Chain, plans to acquire Solana-based Meme token launch platform pump.fun at a valuation of $50 million, and incorporate its channels into the Burve LOL Meme token launch system.

Burve Protocol was developed by Burve Labs and includes a customized and modular HODL launch mode, a one-click launch mode for LOL tokens suitable for Meme, and a lending protocol and DEX based on LOL/HODL tokens. Currently, its trading volume has exceeded $30 million, and it has received Base Grant rewards.