Pump.fun Pledges Liquidity Support With New Solana-Focused Foundation
The post Pump.fun Pledges Liquidity Support With New Solana-Focused Foundation appeared on BitcoinEthereumNews.com.
Blockchain Solana-based memecoin launchpad Pump.fun has introduced the Glass Full Foundation (GFF), a new vehicle aimed at providing liquidity and support to projects within its growing ecosystem. In its announcement on X, the platform described GFF as a way to fund “diehard cults” of the Solana space, promising substantial liquidity injections for select ecosystem tokens. While the group confirmed it has already begun backing multiple projects, it did not disclose funding sources or the criteria for eligibility. The creation of GFF follows Pump.fun’s rapid rise in recent months. Its native token launch last month raised $600 million in just 12 minutes, followed by a multimillion-dollar token buyback days later. The move comes as the platform faces mounting competition from LetsBonk.fun, another Solana launchpad tied to the Bonk memecoin community and integrated with Raydium. Pump.fun says the foundation will play a central role in its mission to scale the Solana network “exponentially,” positioning GFF as both a funding source and a strategic growth driver for the ecosystem. The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions. Author Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
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Filed under: News - @ August 8, 2025 12:30 pm