Pump.fun Launches Fund for Meme Coins on Solana, Reclaims Sector Leadership

The platform Pump.fun has launched the Glass Full Foundation (GFF), an initiative aimed at developing the meme coin ecosystem on Solana.

introducing the Glass Full Foundation

the Glass Full Foundation aims to accelerate the most organic, vibrant, and promising communities in the pump fun ecosystem

GFF will inject SIGNIFICANT liquidity into ecosystem tokens to support our most diehard cults

learn more 👇 pic.twitter.com/vPtXzjZqwZ

— pump.fun (@pumpdotfun) August 7, 2025

The new structure will “inject significant liquidity” into selected tokens to support “the most dedicated communities.” GFF has already funded several unnamed projects and plans further investments.

Specific selection criteria and sources of capital have yet to be disclosed.

According to The Block, such funds are typically non-profit organizations created to manage project development. Representatives of Pump.fun stated that GFF will accelerate the growth of the Solana ecosystem, strengthening the blockchain’s position in the competitive meme coin segment.

Following the news, the platform’s token, launched in July—PUMP—rose by 3.3%, according to CoinGecko. At the time of writing, the crypto asset is trading at $0.003378.

Pump.fun’s Comeback

Pump.fun has once again become a leader in the Solana ecosystem among platforms for launching meme coins. According to Dune, in the past 24 hours, trading volume on the platform exceeded $134 million, while the figure for main competitor LetsBonk was $30 million.

On August 7, more than 22,000 new tokens were launched through Pump.fun, compared to only 4,000 through LetsBonk. The launchpad’s revenue amounted to $1.2 million versus $251,406 for its competitor.

The daily number of unique addresses on Pump.fun reached 119,114, while on LetsBonk it was 61,063.

Back in July, participants in the PUMP presale sold nearly 60% of the tokens. The presale concluded in 12 minutes.