PUMP (PUMP) Price: Platform Dominates Crypto Fees as Token Buybacks Drive 8% Rally
Pump.fun has captured the crypto industry’s attention by becoming the leading protocol by daily fee generation. The Solana-based memecoin launchpad generated $5.73 million in fees over 24 hours.
Over $1.3M have been claimed in creator fees in the first 12 hours of Pump's new fee model. pic.twitter.com/aVERIbcWqm
— Adam (@Adam_Tehc) September 3, 2025
The platform ranks third only behind major stablecoin issuers Tether and Circle. This surge comes from Pump.fun’s new creator fee model launched through Project Ascend.
The Dynamic Fees V1 system creates a tiered structure based on token market capitalization. Newly launched tokens start with higher fees that decrease as market caps grow.
PUMP token has responded positively to these developments. The price jumped 8-10% to trade around $0.004204 at press time.
Trading volume increased 13% to reach between $348-354 million. This volume surge confirms strengthening buy-side pressure from investors.
The fee spike directly stems from increased network activity on Pump.fun. The platform now controls 75% of Solana’s meme coin ecosystem.
In just 24 hours, Pump.fun facilitated the creation of nearly 27,000 new tokens. Total trading volume across these tokens reached $588 million.
This dwarfs competitor LetsBONK.fun’s $80 million in volume. The gap highlights Pump.fun’s commanding market position.
Pump.fun announced another major token buyback worth $12.19 million. This represents 98.23% of the platform’s weekly revenue from August 28 to September 3.
over the past week, pump fun purchased $12,192,383 in $PUMP tokens, which equates to 98.23% of total revenue for that period (Aug 28-Sept 3)$PUMP purchases have now offset the total circulating supply by 5.363% – an increase of 1.102% over the past week pic.twitter.com/ajfBs0IDTO
— pump.fun (@pumpdotfun) September 4, 2025
The buyback program has now reached nearly $72 million in total value. These purchases have reduced PUMP’s circulating supply by 5.36%.
Previous buybacks in August totaled $33 million and sparked a 15% price rally. Last week’s $12.2 million purchase exceeded the prior week’s $10.6 million buyback.
The consistent repurchases provide institutional-scale support for the token. This stabilizes PUMP during broader altcoin market volatility.
PUMP recovered from support near $0.0027 to current levels around $0.00432. The 8% gain makes PUMP one of few altcoins showing resilience during recent market corrections.
Technical indicators support continued bullish momentum. PUMP trades above its 20-day exponential moving average at $0.003482.
When price stays above this key level, it signals short-term bullish momentum. The pattern suggests buyers remain in control of price action.
Bulls could target $0.004572 if momentum continues. A break above this level might open the path to $0.005177.
However, profit-taking could push PUMP below the $0.004027 support zone.
Project Ascend aims to make token launches more sustainable long-term. Creators could earn “10x more” under the new fee structure as their projects scale.
The post Pump.Fun (PUMP) Price: Platform Dominates Crypto Fees as Token Buybacks Drive 8% Rally appeared first on CoinCentral.
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