Pump.fun Launches Spotlight Program for Non-Meme Utility Tokens

Pump.fun has launched the “Spotlight” program on November 1, 2025, to enhance visibility and liquidity for utility tokens lacking meme attributes, promoting the Internet Capital Market’s expansion.

The initiative could shift market focus to utility tokens, improving their liquidity, though no funding data or on-chain metrics are yet released by Pump.fun.

Spotlight Program’s Implications for Utility vs Meme Tokens

According to CoinMarketCap, Solana (SOL) currently trades at $186.96, with a market cap of $103.27 billion, accounting for 2.79% of market dominance. The 24-hour trading volume of $5.14 billion reflects a 41.19% decrease, while SOL’s price experiences a 0.95% increase over 24 hours and a 16.44% increase over 90 days.

The Coincu research team suggests that the Spotlight program could potentially shift attention from meme tokens to utility-driven projects, possibly reshaping investment patterns. Historically, meme tokens have dominated, but regulatory clarity might permit broader institutional interest in utility tokens, driving market evolution over time.

Phemex Cryptocurrency Markets Overview

Did you know? Pump.fun’s shift from meme tokens to utility tokens could influence the development of the Internet Capital Market, signaling a potential change in industry focus and token usage.

According to CoinMarketCap, Solana (SOL) currently trades at $186.96, with a market cap of $103.27 billion, accounting for 2.79% of market dominance. The 24-hour trading volume of $5.14 billion reflects a 41.19% decrease, while SOL’s price experiences a 0.95% increase over 24 hours and a 16.44% increase over 90 days.

The Coincu research team suggests that the Spotlight program could potentially shift attention from meme tokens to utility-driven projects, possibly reshaping investment patterns. Historically, meme tokens have dominated, but regulatory clarity might permit broader institutional interest in utility tokens, driving market evolution over time.