Solana’s meme coin platform Pump Fun has officially overtaken derivatives exchange Hyperliquid in daily protocol revenue, according to Cryptonews. This surprising shift underscores the growing dominance of meme coin culture within Solana’s ecosystem.

🚀 Meme Coins Driving Real Revenue

Pump Fun enables users to quickly launch and trade meme coins on Solana, riding the wave of retail enthusiasm and viral community projects. While often dismissed as “jokes,” meme coins have proven capable of generating serious transaction volume and fees, pushing Pump Fun ahead of Hyperliquid in daily earnings.

🌐 Why This Matters

Hyperliquid, known for its perpetuals and derivatives trading, has long been a leading revenue generator in DeFi. Pump Fun’s surge past it highlights:

• Rising influence of retail-driven platforms in the crypto economy.

• Solana’s growing strength as a hub for fast, low-cost transactions.

• The monetization power of meme culture, which continues to defy expectations.

📈 The Bigger Picture

For Solana, this milestone strengthens its narrative as a blockchain not only for DeFi and NFTs but also for high-volume retail experimentation. If Pump Fun maintains momentum, it could cement meme coins as more than just speculative plays—they could become a sustainable revenue driver for networks and protocols.

As meme coins evolve from cultural trends to serious economic engines, Pump Fun’s success raises a key question: are meme coins the future of protocol revenue?