Pump.fun’s Revenue-Sharing Model Could Fuel Solana Meme Coin Boom and Drive SOL Above $295

Solana’s explosive growth since early 2024 has been driven by an unlikely catalyst—meme coins. Tokens like BONK, BOME, WIF, and more recently PNUT, have pushed demand for SOL to its limits, helping it reach a high of $295.

At the heart of this rise? A platform called Pump.fun, which has just announced a game-changing revenue-sharing model designed to reward meme coin creators directly. Now, the big question: Will this push SOL to new all-time highs—or destabilize its ecosystem?

Pump.fun: The Meme Coin Launchpad Powering Solana

While Solana boasts a variety of DeFi and NFT platforms, Pump.fun has become the backbone of its meme economy.

Consider the numbers:

$1.8 billion in token volume processed in two weeks
Over $617 million in revenue generated since March 1
Thousands of meme coins launched, traded, and speculated on daily

These stats, pulled from Dune Analytics, confirm one thing: Pump.fun is a volume machine, and its success is directly tied to Solana’s growing influence in the altcoin market.

Now, with creator revenue sharing officially live, Pump.fun aims to reward creativity while incentivizing mass token production.

How the Revenue-Sharing Model Works

Here’s what’s new:

50% of all revenue generated on PumpSwap (the platform’s DEX) is now distributed to token creators.
For every trade, the token creator receives 0.05% in SOL.
Example: A token with $100 million in trading volume nets its creator $50,000 in SOL.
Applies only to new meme coins launched through Pump.fun’s bonding curve model.

For developers, this is a passive income opportunity that transforms meme coin creation from speculative hype into monetizable IP.

Why It Matters for Solana (SOLUSD)

This move could fuel another parabolic rally for SOL—if the ecosystem doesn’t collapse under the weight of its own meme-fueled success.

Bullish Arguments:

More token launches = more SOL transactions = more fees burned
SOL demand rises as every new token is priced and traded using SOL
Retail inflows return, drawn by the potential for low-cap gems and viral coin launches
Could push SOL beyond $295, retesting its all-time high

The potential upside? Massive. A meme-fueled rally brought SOL from under $20 to nearly $300 in less than 12 months.

But Critics Are Sounding the Alarm

Key concerns:

Incentivizing quantity over quality: Expect thousands of low-effort meme coins, with most failing.
Rug pull risk: As of now, 99% of Pump.fun tokens either die or go dormant, with many leaving traders underwater.
Token recycling: Devs may relaunch the same concepts to farm revenue instead of maintaining existing communities.
Speculative volatility: With meme mania comes high risk, low signal—and that could shake retail confidence.

Some are even questioning whether this will turn Solana’s most vibrant launchpad into a fee-farming factory, devoid of long-term innovation.

Pump.fun Co-Founder’s Response: Support the Devs

The platform’s co-founder has stepped into the discussion, encouraging the community to support creators:

“We should normalize backing developers as long as they remain committed. That’s how we unlock new markets not constrained by assumptions that devs are out to dump.”

In essence, Pump.fun is betting that a more sustainable creator economy can emerge—as long as devs are incentivized and respected.

What’s Next for SOL?

As of mid-May 2025, SOL is consolidating around the $148–$160 range, holding firm after a 50% YTD rally.

What would it take to reach $295 again?

Continued meme coin frenzy without mass reputational damage
Moderate-to-high daily active user growth
Mainnet scaling improvements to prevent congestion
Controlled speculation, paired with sticky liquidity

If Pump.fun’s model attracts quality creators alongside meme-chasers, SOL could easily test $200, then $250, and possibly breach $295 by the next macro push.