Big news in the world of Solana cryptocurrency! Raydium, a super important trading platform, is facing a challenge. A popular memecoin creator, Pump.Fun, might switch to its own trading platform.
- Pump.Fun makes lots of new coins, and Raydium helps people trade them.
- Raydium makes money from these trades, but Pump.Fun might build its own system.
- This could affect Raydium's income and the price of its coin, RAY.
Fact | Details |
---|---|
Raydium's daily earnings | Over $1 million |
Pump.Fun's collected fees | Over $500 million |
Pump.Fun's share of Raydium's volume | Over 30% |
Experts are unsure what will happen. Some think the market overreacted, while others worry about the potential impact. It's a bit like a big store losing a huge customer. We'll have to see what happens!