Pump.fun, a Solana-based memecoin launchpad, reported that 73.28% of its wallets were profitable in April 2026, marking the highest profitability rate in nearly two years. This surge in profitable wallets coincided with a broader recovery in the crypto market, as major memecoins rallied alongside Bitcoin's rise past $80,000. Despite the increase in profitable wallets, most traders on Pump.fun recorded modest gains, with 65.1% of profitable addresses earning between $1 and $500.
The platform's profitability has been on an upward trend since June 2025, when only 30.1% of wallets were profitable. However, trading activity remains subdued compared to previous peaks, with daily trading volumes averaging $50 million, significantly lower than the $200 million peak. CoinGecko data indicates that while memecoins like DOGE, PEPE, and PENGU saw significant gains, others like SHIB and TRUMP underperformed, highlighting uneven participation in the market recovery.
Pump.fun Wallets Achieve Highest Profitability in Two Years
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