**News Flash: Pump.fun's $1.5B Valuation and Memecoin Market Surge**

- SecondLane has listed a 1% equity stake in Pump.fun, a Solana-based memecoin protocol, valuing it at $1.5 billion. The stake is priced at $15 million on SecondLane's platform.

- Although Pump.fun hasn't launched its native token yet, it plans to release one alongside a new trading terminal, "Pump Advance."

- The platform is thriving, generating $86 million in fees over the past month, ranking it eighth among blockchain protocols.

- Memecoins, fueled by venture capital and speculation, now boast a market cap exceeding $122 billion, despite mixed reactions from the crypto community.