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Home Articles Pump Fun Coin Jumps 10% as Fitell Adds $PUMP to Treasury

Pump Fun Coin Jumps 10% as Fitell Adds $PUMP to Treasury

Joseph Alalade
Joseph Alalade
Joseph Alalade
Author:
Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.
Updated: September 29th, 2025

The Pump Fun coin price is back in focus this week as PUMP trades around $0.00554, gaining around 10% in the past 24 hours. Trading volume surged to $603.8 million, a 130% increase from the previous day, making the $PUMP Token one of the most actively traded assets in the Solana ecosystem.

Despite the current momentum, the token remains significantly below its all-time high of $0.01214, reached on July 12, 2025, a 54% decline. However, when compared to its low of $0.002282 at the end of July, the rebound of over 140% indicates both volatility and sustained interest from traders.

Over the last day, Pump.fun price traded between $0.005064 and $0.006077, consolidating just above its 50-day moving average. Analysts describe the sentiment as cautiously bullish, but note that a decisive move above $0.0060 is needed to confirm the upside.

Fitell Expands Treasury Into PumpFun

On September 29, Fitell Corporation (NASDAQ: FTEL) became the first publicly listed company to allocate PUMP to its treasury. The company framed the move as a strategic expansion of its Solana digital asset strategy, highlighting PUMP’s unique tie to on-chain revenues.

“By expanding our treasury to include PUMP, we are taking the next step in our digital asset strategy to deepen our alignment with the Solana community,” said Sam Lu, CEO of Fitell.

Fitell emphasized that the Pump.Fun App is one of the most tangible revenue-generating platforms on Solana, operating as a live launchpad where fees from token creation and trading are directly reinvested in buybacks and burns of the Pump Fun coin. This structure creates ongoing deflationary pressure while linking tokenholder value to platform performance.

The company also noted its treasury strategy extends beyond the Pump Fun crypto, with plans to explore stablecoins such as USDC and projects like Worldcoin. Still, its decision to hold $PUMP signals growing corporate confidence in Solana’s meme-token infrastructure.

Pump Fun Price Prediction: Consolidation Before Next Move?

From a technical standpoint, the PUMP Coin sits at a critical juncture. The token is hovering just above its 200-day moving average near $0.00545, which is acting as a pivot for both bulls and bears.

Shorter-term moving averages, including the 7-day and 30-day, are converging near current levels, signaling indecision.

PUMP Fun Coin Moving Averages | TradingView

If the Pump Fun Coin price can break decisively above $0.0060, analysts see a short-term path toward $0.0075–$0.0080. On the downside, failure to hold the $0.0050 level could lead to a retest of the $0.0040 support zone.

Furthermore, on-chain data shows a sharp contrast between revenue and adoption metrics. Pump.fun generated $725.1 million in revenue over the past year, accounting for 38.2% of all decentralized exchange revenue, the highest share among competitors such as PancakeSwap, Uniswap, and Raydium.

However, daily active addresses have slipped to 53.4K, down significantly from earlier in 2025 when activity peaked above 250K. Notably, Pumpfun still ranks fifth among decentralized exchanges, behind Raydium and PancakeSwap, but the gap is widening.

READ MORE: Ethena Price Double-Top Signals a Crash as Whales Sell

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Joseph Alalade
News Lead and Editor
Joseph is a content writer and editor who has actively participated in crypto for over 6 years. He enjoys educating others about Web3 and covering its updates, regulatory developments, and exciting stories.