【Pump.fun pulled in $124.7 million this quarter, but that's just a third of Solana's total】
After the memecoin hype fizzled out, Pump.fun still accounted for 38% of Solana's Q1 revenue—
but during the same period, the RWA market broke through $2 billion, with institutional funds switching channels.
SOL $88 (+1.77%) reassessment this afternoon.
Funds are flowing from memecoins to RWA, narrative shift in progress.
#Solana #Pumpfun #RWA
After the memecoin hype fizzled out, Pump.fun still accounted for 38% of Solana's Q1 revenue—
but during the same period, the RWA market broke through $2 billion, with institutional funds switching channels.
SOL $88 (+1.77%) reassessment this afternoon.
Funds are flowing from memecoins to RWA, narrative shift in progress.
#Solana #Pumpfun #RWA