pump.fun achieved a record high fee income of $15.5 million this Friday.

BlockBeats News, January 26th, pump.fun set a new single-day transaction fee record on January 24th, reaching $15.5 million. Since its launch in the Solana ecosystem on January 19, 2024, the platform has achieved $100 million in revenue in just 217 days, becoming the fastest-growing application in crypto history.

Over the past two weeks, the platform's trading volume has exceeded $4 billion, accumulating over 2.5 million SOL in fees. The platform's latest growth cycle is mainly driven by Vine Coin introduced by Vine co-founder Rus Yusupov, with the token's market value peaking at $425 million.

Despite Pump.fun promoting compliant project launches through innovative mechanisms, a U.S. law firm is currently representing investors claiming damages and filing a lawsuit against the platform. Previously, the New York State Department of Financial Services classified such tokens as "emotion-based virtual currency."