pump.fun: The Fastest Revenue-Growing Dapp on Solana, Earned $100 Million in Just 217 Days
Publication Time:2024-09-03 10:56:08
Co-founder of Syncracy Capital, Ryan Watkins announced on the X platform that pump.fun has become the fastest-growing revenue-generating decentralized application (dApp) in the history of the crypto economy, earning $1 billion in just 217 days. This achievement has surpassed other crypto applications, including ENA, which took 251 days to reach this milestone, and traditional DeFi projects Curve (CRV) and Sushi, which took 350 and 546 days respectively. Watkins emphasizes that despite controversy, pump.fun demonstrates the powerful potential for developers to build applications on Solana while serving as a strong tool for driving consumer adoption of blockchain technology. Notably, pump.fun is also one of the fastest applications to reach $50 million in revenue.
Solana
dApp
Revenue Growth
Blockchain Application