Pump.fun Executes $3.297M Buyback of PUMP Tokens

Key Points:

  • Pump.fun executed a $3.297M buyback of 4.059 billion PUMP tokens.
  • The buyback aims to enhance scarcity and bolster market price.
  • While the community celebrates price hikes, long-term stability concerns persist.

Pump.fun allocated approximately 14,098.99 SOL ($3.297 million) on September 16, 2025, to repurchase 4.059 billion PUMP tokens, as reported by fees.pump.fun.

This large-scale buyback reduces PUMP’s circulating supply by around 6.8%, impacting Solana’s market and highlighting evolving buyback strategies in DeFi.

Pump.fun Commits to Reducing Supply with $3.297M Buyback

Pump.fun purchased 4.059 billion PUMP tokens on September 16, 2025, at a cost of 14,098.99 SOL or approximately $3.297 million. This is the latest in their ongoing repurchase program to enhance token scarcity.

These purchases reflect a significant decrease in circulating supply, intending to bolster PUMP’s market price and liquidity.

“PUMP/BURN on 2025-09-16: 4,059,000,000 PUMP repurchased using 14,098.99 SOL (~$3.297M) in protocol revenue. Circulating supply reduction: +0.27%.” (Source)

Community Celebrates Price Hikes as Concerns Loom

Did you know? Pump.fun’s buyback initiative is the largest continuous repurchase in Solana’s DeFi history, exceeding other similar events such as Binance’s periodic BNB burns.

According to CoinMarketCap, Pump.fun (PUMP) traded at $0.01 on September 17, showing a market cap of $2.83 billion with a market dominance of 0.07%. The past thirty days exhibited a 151.05% increase despite a recent dip of 2.51% in 24-hour price action. The circulating supply stands at 354 billion against a maximum of 1 trillion tokens.

pump-fun-daily-chart-24

Pump.fun(PUMP), daily chart, screenshot on CoinMarketCap at 08:34 UTC on September 17, 2025. Source: CoinMarketCap

Coincu’s research suggests that while such buyback programs can temporarily bolster prices, they often do not guarantee permanent value increases without sustained demand. Historically, fluctuations may reappear if early investors sell while market interest wanes. However, increased scarcity and engagement from loyal investors could potentially stabilize PUMP’s value.

Source: https://coincu.com/markets/pump-fun-3-297m-buyback/