Solana’s Pump.Fun Plans $1 Billion Token Sale, Blockworks Says

Solana meme coin launchpad Pump.enjoyable is planning to boost $1 billion in a token sale with a completely diluted valuation (FDV) of $4 billion, in keeping with a report by Blockworks.

Citing sources accustomed to the matter, Blockworks mentioned that the token might be bought to each non-public and public traders.

Pump.enjoyable Token Would possibly Launch In The Subsequent Two Weeks

There was no affirmation of a deadline for the token launch by both Blockworks or Pump.enjoyable. However a current X publish, citing affirmation by sources near the workforce, suggests the token fundraise would possibly begin throughout the subsequent two weeks.

BREAKING: @pumpdotfun launching $PUMP token in subsequent 2 weeks.

– Airdrop for customers confirmed as nicely

It is lastly coming.

— nextfuckingthing (@nextfckingthing) June 3, 2025

In keeping with the X person that made the publish and who’s a self-proclaimed full-time meme coin dealer, an airdrop for the token has additionally been confirmed. 

The potential $4 billion valuation would make Pump.enjoyable the newest crypto unicorn startup, after it revitalized the Solana ecosystem and triggered a SOL meme coin rally final yr.

Knowledge from Dune Analytics reveals the platform has generated greater than $622 million in cumulative income since its launch in early 2024. It additionally reached a peak day by day income of $7 million on Jan. 23, a determine that has dropped to round $1 million a day just lately. 

Token Launch Would Be Newest Salvo In Raydium-Pump.enjoyable Rivalry

The rumored token launch comes after Pump.enjoyable launched its personal Automated Market Maker (AMM) referred to as PumpSwamp, severing its ties with Raydium within the course of. 

Raydium then responded by launching its personal meme coin generator referred to as LaunchLab.

CoinMarketCap knowledge reveals SOL dropping since information of the Pump.enjoyable plan, extending its weekly loss to over 10% to commerce at $156.48 as of two:27 a.m. EST.

Pump enjoyable: announce token launch

SOL: pic.twitter.com/gqbr95BxKL

— CRG (@MacroCRG) June 3, 2025

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