**News Flash: Pump.fun Dominates Revenue Charts**

In a surprising turn, Solana's memecoin deployer, Pump.fun, has raked in a staggering $5.3 million in revenue over the past 24 hours. This figure surpasses the combined daily earnings of the next 24 highest-earning blockchain protocols, including Ethereum and Solana, which reported $2.3 million and $1.6 million, respectively.

- **Revenue Breakdown**: Pump.fun charges a 1% fee on all trades, driving its impressive earnings.

- **Market Reaction**: Despite criticism for allegedly "killing" memecoins by allowing cheap token launches, the platform remains popular.

- **Incentives**: Recently, Pump.fun announced a reward of 0.5 SOL for tokens that complete their bonding curve and launch on Raydium.

Launched in January 2024, Pump.fun aims to bring transparency to token launches, countering the trend of insider manipulation. However, data shows only 1.41% of tokens on the platform successfully complete the bonding curve process.