The post Pump.fun Acquires Padre Trading Terminal as Memecoin Market Cools appeared on BitcoinEthereumNews.com.

Solana-based memecoin launchpad Pump.fun has purchased multichain trading terminal Padre in its second acquisition of 2025. The company announced the deal on Friday, October 24, without revealing the purchase price. This move shows Pump.fun’s strategy to control more of the memecoin trading process, from launching tokens to providing tools for trading them. However, the acquisition left Padre’s token holders facing significant losses. What Padre Brings to the Table Padre is a trading platform that works across multiple blockchains, including Solana, Ethereum, BNB Chain, and Base. The terminal gives traders tools to buy and sell memecoins quickly, with features like cashback rewards, competitive fees, and dedicated support for active traders. According to Dune Analytics, Padre controls about 5% of the trading bot market on Solana. While this is small compared to market leader Axiom, Padre has built a reputation for reliable performance and user-friendly design. Source: @pumpdotfun Pump.fun praised Padre’s team for their experience in crypto and focus on creating products that traders actually want to use. The platform will continue operating across all its current blockchains while receiving upgrades to improve speed, data quality, and trading incentives. Why Pump.fun Made This Move Pump.fun co-founder Alon Cohen explained that trading terminals capture most of the volume in the crypto ecosystem. By owning a terminal, Pump.fun can better serve both casual memecoin creators and serious traders. The acquisition follows Pump.fun’s earlier purchase of Kolscan, announced on July 10, 2025. Kolscan is a wallet-tracking tool that lets users monitor top traders and copy their strategies. Together, these acquisitions give Pump.fun control over launching tokens, trading them, and tracking successful traders. This strategy mirrors how Pump.fun launched PumpSwap in March 2025, which replaced Raydium as the main exchange for tokens created on its platform. Market Challenges Drive Expansion The timing of this acquisition reflects…

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Filed under: News - @ October 25, 2025 11:21 pm