PUMP, the native token of Solana-based memecoin launchpad Pump.fun, surged roughly 8% to trade near $0.0029, pushing its market capitalization to around $1.13 billion. The move comes as a golden cross pattern forms on the daily chart, a bullish technical signal that attracts buyers. Twenty-four-hour trading volume topped $100 million. Pump.fun generated a record $10.03 million in protocol fees during the week of August 3-9, 2026. The platform commands over 50% of the total fee share in Solana memecoin launches.
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