pump.fun Graduation Token's average daily trading volume drops to $560 million, hitting a new low since Christmas.

BlockBeats News, February 13th, according to TheBlock report, the daily average trading volume of the pump.fun platform's graduating token has dropped to $560 million, hitting a new low since Christmas 2024, down 82% from the single-day record of $3.13 billion three weeks ago.

Last week, the graduation rate of pump.fun tokens to Raydium was only 1.04%, lower than the previous two weeks' 1.54% and 1.59%. At the same time, the fees paid to Jito validators also dropped from a daily average of 42,000 SOL (about $9.9 million) and 68,500 SOL (about $17.5 million) in the previous two weeks to 23,800 SOL (about $4.8 million), indicating a significant decrease in transaction activity.