January 28 News, the Meme coin issuance platform Pump.fun (PUMP) in the Solana ecosystem delivered impressive data results in January, with related indicators rebounding simultaneously, reigniting market attention to the Solana Meme coin sector. Several analysts pointed out that this rebound is not a single-point rally but the result of simultaneous improvement in capital and user activity.
On-chain data shows that Pump.fun set multiple milestone records in January. Dune statistics indicate that the platform’s daily new token additions once approached 39,000, reaching a high since April 2025. Meanwhile, on January 27, the number of daily active addresses on the platform rose to about 300,000, the highest since early last year, with more than half being newly created wallet addresses, indicating a large influx of new users into the Solana Meme coin ecosystem.
Changes in user structure are also noteworthy. Analyst Adam mentioned that the number of “graduated” tokens that meet liquidity conditions and enter secondary market trading hit a new high in over six months, reaching about 350 on a single day. This phenomenon is often seen as a signal of rising speculative enthusiasm and increased capital participation.
User re-engagement is also a key factor driving platform performance. Artemis data shows that the number of re-engaged users on Pump.fun hit a new record, with these addresses previously inactive on-chain for over 180 days. The recovery in activity directly boosted platform revenue, and Pump.fun almost entirely used its income for PUMP token buybacks, forming a clear capital closed-loop.
Official disclosures show that on January 27, the amount of SOL used for buybacks exceeded 19,000 tokens, setting a single-day record. The total buyback amount has now exceeded 21% of the total PUMP supply, providing ongoing support for the price. Market data indicates that PUMP has gained over 60% in the past month, with the price rebounding to around $0.0031, and technical patterns still leaving room for further upward movement.
Meanwhile, the overall performance of Solana Meme coins has also improved. Public data shows that the market cap of this sector is about $5.9 billion, with daily trading volume exceeding $1 billion. Some projects have experienced significant gains driven by partnerships, narratives, or events. However, research institutions also remind that many meme coins are still in a low position after a high-level correction, and for a more sustained rally, new incremental capital is still needed to continue entering.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Solana Hits $650B Stablecoin Volume in February, Beats Ethereum and Tron
Solana has reached $650B in stablecoin transfer volume in February, surpassing Ethereum and Tron and doubling its previous record from October 2025. This growth highlights Solana's expanding user base and potential influence in the DeFi sector.
BlockChainReporter1h ago
Solana surpasses Ethereum in the number of RWA asset holders
Gate News Announcement, March 9 — On-chain analysis data shows that the Solana blockchain has surpassed Ethereum in the number of wallets holding tokenized real-world assets (RWA). Currently, Solana leads in the number of wallets holding RWA. Although Solana is ahead in the number of holders, Ethereum still maintains a dominant position in the total value of tokenized assets deployed on-chain. Most major tokenized government bond products and private credit platforms are still based on the Ethereum ecosystem.
GateNews2h ago
Solana partners with Alibaba Shanghai Hongqiao Alibaba Center to establish Solana Shanghai Builder Station, officially opening on March 20.
Solana and Alibaba Shanghai Hongqiao Center collaborate to establish the "Solana Shanghai Builder Station," which will officially open on March 20th. The initiative aims to provide a platform for blockchain developers to communicate and incubate, promote technological co-creation and industry connection, with support from the Shanghai government.
GateNews2h ago
Solana price drops below $85, approaching a critical support level. Will SOL fall to $72? The $80 support becomes the battleground between bulls and bears.
Solana (SOL) has recently continued to weaken, breaking through the $85 and $82 support levels, with market sentiment cautious. Traders are watching the key support level at $80; if it breaks, the price could continue to decline to $72. Technical indicators show a bearish trend, but there is still hope for a short-term rebound, which requires breaking through the $85.50 resistance to improve the market condition.
GateNews3h ago
Solana stablecoin settlement surpasses $650 billion: Funds flow out of Ethereum, on-chain USD payment landscape is changing
Stablecoins have seen a significant increase in blockchain settlement volume, with the Solana network performing outstandingly, reaching $650 billion in transfers by 2026. Their applications have expanded to cross-chain settlements, DeFi collateral, and other areas, with market attention on stablecoins becoming increasingly focused on their role as an important payment layer. User engagement has increased, and stablecoins are transforming into the foundational infrastructure for blockchain payments.
GateNews3h ago
Tokenized gold trading explodes: XAUT's weekly trading volume on Solana surpasses $280 million, reigniting interest in the RWA sector
The blockchain real-world asset market is heating up, with tokenized gold Tether Gold (XAUT) experiencing a significant increase in trading volume on the Solana network, with weekly trading exceeding $280 million. As institutional investors participate more, the market demand for tokenized assets is rapidly expanding, indicating that the RWA market may continue to grow in the future.
GateNews4h ago
