SunPump, a Tron (TRX)-based meme coin launchpad, is experiencing a big surge in exercise, with over 100 tokens created in a single day for the primary time in 4 months.
This spectacular development follows the platform’s newest transfer to waive transaction charges for six months, which has pushed a wave of recent initiatives and fueled the meme coin increase.
SunPump Sees Surge in Meme Coin Exercise
In line with knowledge shared by Onchain Lens on X (previously Twitter), over 220 new meme cash had been created on SunPump on March 18.
“To date, 95,573 tokens have been launched, producing 36,374,191 TRX in charges, price $5.74 million. The meme frenzy on TRONDAO is heating up, the publish learn.
The momentum continued the next day, with the quantity rising to 313. This rise in token creation marked a robust rebound for the Tron-based launchpad, which had skilled a pointy decline in exercise since peaking in August 2024.
Tokens Created on SunPump. Supply: TRONSCAN
Notably, Tron founder Justin Solar is actively driving renewed curiosity in SunPump by selling the platform throughout social media. In a collection of posts, Solar urged customers to leverage Tron for meme coin buying and selling, highlighting the community’s inexpensive infrastructure and the newly launched zero-fee mannequin.
Introduced at this time, the initiative eliminates all transaction charges for buying and selling on SunPump till September 2025. Moreover, the platform will totally cowl power prices with no limits.
The transfer aligns with Solar’s broader imaginative and prescient to place Tron as a number one drive within the meme coin market, competing instantly with platforms like Solana’s (SOL) Pump.enjoyable.
“Each meme shall be again on Tron,” he posted.
The newest transfer has additionally despatched the SunPump meme cash hovering. The full ecosystem market cap jumped 21.3% prior to now 24 hours to $85.1 million. Buying and selling quantity has additionally surged 67.4%, reflecting a spike in investor curiosity.
High 10 SunPump Cash. Supply: CoinGecko
Moreover, many of the high 10 tokens within the ecosystem have posted substantial positive factors over the previous day. SunWukong (SUNWUKONG) and FoFar (FOFAR) led the rally, each recording triple-digit proportion positive factors.
Past SunPump, Tron itself is experiencing heightened market exercise. In line with LunarCrush, its social dominance climbed to 1.05%, making Tron one of the crucial mentioned subjects within the crypto house. Furthermore, the community now holds the No. 1 AltRank™ on the analytics platform.
Tron (TRX) Value Efficiency. Supply: BeInCrypto
That’s not all. The joy has additionally spilled over to TRX, with its value rising 5.7% over the previous day. At press time, the altcoin traded at $0.24.
