PUMP Token (PUMP) Price: Token Rises 10% as Trading Volume Increases 13%

The Solana-based memecoin launchpad Pump.fun has surged to the top spot among crypto protocols based on daily fees generated. This remarkable achievement comes as the platform introduces new fee models and continues aggressive token buybacks.

According to DefiLlama data, Pump.fun generated $5.73 million in fees over a 24-hour period. This places the protocol third only behind stablecoin giants Tether and Circle.

The surge in revenue coincides with the launch of Pump.fun’s “Project Ascend” initiative. This update introduced Dynamic Fees V1, a tiered fee structure that scales according to a token’s market capitalization.

Under this model, newly launched tokens start with higher fees. These fees then decrease as a token’s market cap grows.

The changes have energized network activity. This has translated directly into higher daily fees and growing demand for the platform’s native PUMP token.

PUMP is currently trading at $0.004204, representing an increase of nearly 10% in a 24-hour period. Trading volume has also climbed by 13% to reach $354 million.

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

Strong Market Indicators

When both price and trading volume increase simultaneously, it signals broad market participation. This indicates growing investor confidence in the token.

On the daily chart, PUMP trades well above its 20-day exponential moving average of $0.003482. This positioning suggests short-term bullish momentum and buyer control.

If buyers maintain control, they could push PUMP’s price toward $0.004572. Breaking past this level might open the door for a rally to $0.005177.

However, there’s always the risk of profit-taking. This could push the token below the $0.004027 support zone.

Aggressive Buyback Strategy

In a parallel development, Pump.fun confirmed another major buyback of its native token. The platform spent $12.19 million on repurchases between August 28 and September 3, representing 98.23% of its weekly revenue.

This latest buyback brings the total value of PUMP repurchases to nearly $72 million since the program began. These buybacks have reduced the circulating supply by 5.36%.

The move builds on earlier August activity when Pump.fun bought back $33 million worth of tokens. That purchase sparked a 15% rally and helped secure the platform’s market dominance.

Last week’s purchases exceeded the prior week’s $10.6 million buyback. This highlights consistent support at an institutional scale.

These timely repurchases provide a stabilizing force for PUMP amid broader altcoin volatility.

Following the latest announcement, the PUMP token regained bullish momentum. Data shows the price rebounded from support near $0.0027 to trade around $0.00432 on September 4.

Pump.fun’s market position has become increasingly dominant. The platform now controls 75% of Solana’s meme coin activity.

In a 24-hour period, it minted nearly 27,000 tokens with a trading volume of $588 million. This far outpaces competitor LetsBONK.fun’s $80 million trading volume.

The launch of Project Ascend sparked a 14% surge in PUMP price, adding momentum to the token’s buyback-fueled recovery. The new structure aims to attract streamers, startups, and creators by rewarding projects with higher market caps through lower fees.

The PUMP token is currently showing resilience during a market correction that has reduced total crypto capitalization by 2.2%.