Pump.fun Spends $62M Buybacks as PUMP Price Rises Despite Legal Risks

Pump.fun has quickly become one of the most talked about platforms in the crypto space. Known for its role in the booming memecoin market, the project is now making headlines for another reason.

The platform has spent more than $62 million buying back its native token, PUMP. This bold strategy has already absorbed over 16.5 billion tokens, boosting prices while calming market volatility.

Yet, even as the buyback program lifts investor confidence, Pump.fun faces major legal challenges. Can its growth continue, or will lawsuits slow its momentum?

READ ALSO: Was the Buy Back Worth It? Analyzing the Impact on PUMP Token

Pump.fun’s $62 Million Buyback Strategy

Pump.fun has turned heads with its aggressive token buybacks. Using platform-generated revenue, mainly from fees tied to memecoin launches, the team has consistently repurchased tokens worth between $1.3 million and $2.3 million each day.

According to Dune Analytics, the average repurchase cost sits at $0.003785 per token. By removing large amounts of supply from circulation, the platform aims to reduce sell pressure and support PUMP’s market value.

The strategy appears to be working. Over the past month, PUMP has gained more than 12 percent, with a weekly climb of around nine percent. From its August low of $0.002282, the token has bounced by 54 percent, now trading at about $0.003522.

This recovery has attracted both retail buyers and long-term holders who see buybacks as a strong signal of commitment.

The broader numbers back this up. Pump.fun has generated over $775 million in revenue since its launch, according to DefiLlama. Although weekly revenue briefly dropped to its lowest since March 2024, the buyback program has provided steady support.

For investors, this move shows that the project is serious about sustaining growth, even in times of weaker income.

Market Performance and Holder Growth

Beyond price action, Pump.fun’s community is growing. Onchain data shows more than 70,800 unique addresses now hold PUMP tokens. Smaller wallets, with fewer than 10,000 tokens, account for nearly half of all distribution.

This spread suggests that retail engagement is expanding, which is crucial for long-term stability.

Market competition has also shaped Pump.fun’s recent story. In July, rival launchpad LetsBonk briefly overtook Pump.fun in Solana memecoin rankings. At that time, LetsBonk captured more daily revenue and market share.

However, Pump.fun quickly reclaimed its top spot. Data from aggregator Jupiter shows Pump.fun now controls 73 percent of the market, with more than $4.5 billion in recent trading volume. In comparison, LetsBonk has slipped below nine percent, with $543 million in volume.

This rebound signals that Pump.fun has retained its dominance despite competition. The combination of strong market share, active trading, and a widening base of token holders places the project in a favorable position.

Investors are watching closely to see if the momentum can continue in the face of legal risks.

Legal Challenges Facing Pump.fun

While the buyback strategy looks positive, Pump.fun is under serious legal pressure. A class-action lawsuit filed in January 2025 accused the platform of using “guerrilla marketing” to hype volatile tokens.

By July, the case was updated with even sharper claims. Plaintiffs described Pump.fun as an “unlicensed casino,” arguing that its structure resembles a rigged slot machine where early buyers profit at the expense of later ones.

The lawsuit alleges investor losses totaling $5.5 billion. Such claims create uncertainty for the project, as regulatory challenges could impact both operations and investor confidence.

Critics argue that Pump.fun’s rapid rise has come at the cost of transparency, while supporters believe the platform’s popularity shows real demand for new forms of token creation.

The outcome of these legal proceedings remains unclear. However, the fact that Pump.fun continues to attract users and maintain revenue highlights its resilience.

Still, investors must weigh the benefits of strong buybacks and market dominance against the potential risks of regulatory action.

READ ALSO: How High Did PUMP’s Market Cap Go? Analyzing the Data

Future Outlook for Pump.fun and PUMP Token

Looking ahead, Pump.fun’s strategy of buybacks and market expansion sets a strong foundation. If the platform continues generating high revenue from memecoin launches, daily buybacks could keep supporting token prices.

Analysts suggest that if the current pace continues, PUMP could aim for new highs in the coming months.

However, the legal risks cannot be ignored. If the lawsuit develops into harsher penalties or restrictions, Pump.fun may face challenges in sustaining growth. For now, the token has shown strength with its recent rally, but investors should stay cautious.

Watching the platform’s legal updates, revenue streams, and buyback levels will be key to predicting future price movements.

Despite uncertainties, Pump.fun’s bold $62 million buyback strategy has already made it one of the most fascinating projects in crypto this year. With growing holders, strong revenue, and continued dominance in the Solana ecosystem, its story is far from over.

Conclusion

Pump.fun’s $62 million buyback program has boosted token prices and restored market confidence. The project continues to dominate Solana’s memecoin launchpad sector while attracting new holders and generating impressive revenue. Still, the looming lawsuit creates a layer of uncertainty that investors must keep in mind.

For those following Pump crypto news or exploring investment opportunities, staying updated is essential. You can read more on Bitrue Blogs or start trading on Bitrue Exchange.

FAQ

What is Pump.fun’s buyback program?

It is a strategy where Pump.fun spends revenue to repurchase PUMP tokens daily, reducing supply and supporting price.

How much has Pump.fun spent on buybacks?

The platform has spent over $62 million, buying back more than 16.5 billion tokens.

What is the current PUMP token price?

As of late August 2025, PUMP trades around $0.003522, up 54 percent from its recent low.

What legal issues does Pump.fun face?

The platform is facing a $5.5 billion lawsuit accusing it of acting like an unlicensed casino with risky token structures.

Is Pump.fun still the leading launchpad?

Yes, Pump.fun has reclaimed its top spot with 73 percent market share and over $4.5 billion in recent trading volume.