PUMP price surged 25% intraday after a wave of speculation comparing the platform to TikTok. The token’s strong rebound from a key technical level, combined with rising ecosystem adoption and Solana blockchain activity, highlights a shift in sentiment. With bullish momentum in play, PUMP crypto is back in the spotlight.
The latest rally was triggered after Solana co-founder Anatoly Yakovenko called Pump.fun a contender to rival TikTok, citing its livestreaming tools and crypto-native monetization model. That statement alone drove fresh demand, pushing PUMP price today sharply higher.
On the technical front, the asset broke beyond its 20-day and 50-day EMA bands in a single move, marking a significant bullish reversal. This rebound also formed after a correction that began mid-September, which now looks like a retest of the tilted double-bottom neckline, which is a pattern that often signals higher targets ahead.
Adding to the buzz, crypto journalist Laura Shin announced that her Unchained podcast will livestream episodes directly on Pump. This was positioned as an experiment in supporting crypto-native distribution models.
Such endorsements underscore a broader trend as independent journalism and crypto-native media are beginning to embrace platforms like PUMP.
This not only boosts credibility but also strengthens its long-term adoption case, feeding into the current PUMP price forecast narratives.
Beyond speculation and sentiment, adoption metrics also validate the surge. In the past 24 hours, PUMP on Solana recorded the highest network fees at $3.13 million, surpassing even leading protocols like Jupiter ($2.36 million) and Meteora ($1.94 million).
Such activity shows real user demand driving value, not just hype. If this trend sustains, the PUMP price prediction could see further upside as more users flock to the platform for its unique monetization tools and viral potential.
The rally in PUMP price USD also aligns with broader market strength. Bluechip cryptocurrencies including BTC, ETH, and XRP all climbed around 3% today, lifting total crypto market capitalization to $4 trillion with an 3.11% intraday jump, according to CoinMarketCap data.
This rising tide across major assets further supports bullish conditions, reinforcing short-term optimism for PUMP crypto.
PUMP surged 25% after Solana’s co-founder compared its platform, Pump.fun, to TikTok, generating major speculation and bullish market sentiment.
Pump.fun is a crypto platform on Solana with livestreaming tools, likened to TikTok for its viral content and creator monetization model using crypto.
With a strong technical breakout and high adoption, bullish momentum suggests potential for further upside if current user demand and hype continue.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
XRP stunned the crypto market in 2017, starting the year at just a few cents…
EcoYield ($EYE) is the most recent crypto presale to make waves in the crypto market…
The landscape for digital assets in the United States may be changing faster than ever.…
A viral YouTube video this week revealed how a U.S. investor lost 1.2 million XRP,…
Kadena (KDA) price has recorded its worst single-day loss since inception. The small-cap altcoin dropped…
The Ethereum Foundation (EF) has transferred over $650 million worth of ETH to a wallet…