Solana memecoin's daily issuance approaches 30,000 tokens, Pump.fun adjusts creator fee mechanism to cope with the surge

GateNews
SOL0,35%

On January 16, it was reported that the daily issuance of Solana ecosystem memecoins approached 30,000 tokens. The on-chain token creation platform Pump.fun announced a significant adjustment to its creator fee structure to adapt to the rapidly rebounding market environment. This issuance scale reached a new high since September last year and also reflected the continued enthusiasm of the Solana memecoin community.

According to an official statement released by Pump.fun, this adjustment mainly targets the previously launched Dynamic Fees V1 under the Project Ascend framework. Co-founder Alon Cohen stated that the mechanism has achieved some success in attracting new creators and increasing on-chain transaction frequency, but it still falls short in guiding the behavior of ordinary token deployers. Some fee designs, in actual operation, have instead encouraged low-risk, high-frequency token creation, failing to effectively stimulate more engaged and liquid trading activities.

To improve this structure, Pump.fun introduced a new creator fee sharing scheme. According to the latest rules, token teams can allocate related fees to up to 10 wallet addresses, while also supporting token ownership transfers and revoking subsequent update permissions. The platform pointed out that creators and their designated technical administrators can flexibly set specific fee ratios after the token issuance is completed, better aligning with the project's development needs.

Additionally, Pump.fun disclosed its future mechanism direction. In upcoming versions, the platform plans to introduce a voting mechanism involving traders to decide whether a certain token narrative still qualifies for creator fees. This design aims to shift the incentive logic from a single deployment action to a more dynamic feedback system that better reflects real market activity and trading participation.

From a data perspective, the rapid increase in token issuance is seen as an important signal of the Solana memecoin market recovery. More developers and speculators are returning to the chain, driving the platform's transaction density and discussion heat to rise in tandem.

Pump.fun stated that it will continue to optimize the fee model during 2026, ensuring creator earnings while enhancing the platform's overall sustainability. By guiding trading behavior rather than merely encouraging token creation, the platform hopes to establish a healthier, long-term incentive system within the Solana memecoin ecosystem.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Solana Foundation Chair: Blockchain gaming is dead and will not return

Solana Foundation Chair Lily Liu stated that blockchain gaming will not make a comeback, citing the example of Mark Zuckerberg's Meta abandoning its metaverse vision after investing $80 billion, although Meta's strategy did not explicitly involve blockchain.

GateNews1h ago

SOL breaks through 90 USDT, 24-hour gain of 1.23%

Gate News report: On March 20, market data shows that SOL broke through 90 USDT, currently trading at 90.02 USDT, with a 24-hour gain of 1.23%.

GateNews4h ago

Solana Foundation President Lily Liu: Blockchain gaming is dead and will not return

Solana Foundation president Lily Liu stated in a post that blockchain gaming is dead and will not make a comeback. This comment stems from attention to Meta's abandonment of its metaverse vision, despite having no direct connection to blockchain. Companies like Mythical Games and Gunzilla Games continue to advance related projects.

GateNews7h ago

Dan Romero Clarifies Five Misconceptions About MPP, Protocol Submitted to IETF Web Standards Proposal

Farcaster co-founder Dan Romero clarified five misconceptions about MPS, emphasizing its broad applicability, support for multiple cryptocurrencies and fiat currencies, and expansion to Bitcoin Lightning Network. MPS itself has no inherent fees, features simple design and can serve as a web standard, supports multiple payment modes, and ensures secure separation of communication and payment rails.

GateNews10h ago

Solana DApps Revenue Drops to 18-Month Low as SOL Price Risks Retesting $80 Level

Solana's native SOL token has declined 11% in just three days after touching a peak of $97.70. The correction momentum to $87 on Thursday triggered approximately $25 million in long position liquidations, thereby significantly dampening trader sentiment. Derivatives market data shows downside risk remains dominant

TapChiBitcoin13h ago
Comment
0/400
No comments