【Pump.fun pulled in $124.7 million this quarter, yet it's only 1/3 of Solana's total】
After the hype around Memecoins fizzled out, Pom.fun still accounted for 38% of Solana's Q1 revenue —
but during the same period, the RWA market broke through $2 billion, and institutional funds are switching channels.
SOL $87 (+2.14%) reassessing in the afternoon.
Funds are flowing from Memecoins to RWA, narrative switch in play.
#Solana #Pumpfun #RWA
After the hype around Memecoins fizzled out, Pom.fun still accounted for 38% of Solana's Q1 revenue —
but during the same period, the RWA market broke through $2 billion, and institutional funds are switching channels.
SOL $87 (+2.14%) reassessing in the afternoon.
Funds are flowing from Memecoins to RWA, narrative switch in play.
#Solana #Pumpfun #RWA