The native token of the meme coin platform Pump.Fun, PUMP, is experiencing a massive surge, climbing over 70% in a week to near its all-time high. This rally is fueled by several key factors that have made it a hot topic among traders.
PUMP's rise is also a reflection of the platform's success on the Solana blockchain. Pump.Fun has enabled over two million meme coin launches with a combined market cap of over $3.6 billion. This "no-code" model has made it one of Solana’s most profitable DeFi projects, adding to PUMP's credibility.
The token has staged a strong recovery, climbing almost 130% in the past month. It is currently trading near its all-time high of $0.00880. From a technical standpoint, PUMP needs to hold its support level between $0.0078 and $0.0085 to maintain its upward trend. If it breaks past the $0.0090 resistance, it could target the significant $0.01 mark.
September 2025, Cryptoniteuae