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  • Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?

    Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)?


    Without  Pump.fun and meme coins, Solana would likely be lagging behind Ethereum and Tron. Then came meme coins like Bonk and BOME, and SOL prices turned the corner, rising from 2022 lows of around $8 to breaking all-time highs in January 2025.

    Pump.fun and Rise Of Meme Coins On Solana

    Pump.fun singlehandedly made Solana the go-to blockchain for launching meme coins. To launch an SPL token that can be swapped for SOL, for example, all you have to do is visit the Pump.fun homepage and choose a ticker name, a symbol, and a picture.

    In the next few steps, your meme coin will be live, and if lucky enough to gain traction—say Elon Musk mentions your meme coin or it gets the attention of a developer—you’ll be set, even “graduate” and get listed on Raydium.

    As more users launched meme coins on Solana via Pump.fun, the launchpad became the most profitable protocol on Solana.

    However, there was another effect: since tokens with over $69,000 in market cap graduated and listed on Raydium, the DEX also became one of the top-performing protocols, riding the wave and churning out millions of dollars in revenue as traders swapped, searching for the next best Solana meme coins to buy.

    EXPLORE: 10 Best AI Crypto Coins to Invest in 2025

    Pump.fun Says PumpSwap Is Live

    This period of high performance could be over for Raydium now that Pump.fun has announced they are launching their own DEX, dubbed PumpSwap.

    In a post on X, Pump.fun said PumpSwap will be a token-swapping portal powered by its own liquidity pools, placing it in direct competition with other DEXes, mainly Raydium, which has long been a hub for meme coin trading, benefiting from the Pump.fun boom.

    According to Pump.fun developers, the goal is to enhance user experience, and one way of doing so is to eliminate needless friction.

    Therefore, instead of tokens with at least $69,000 in market cap migrating and listing on Raydium, they will directly list on PumpSwap without any additional fee. Previously, migrating protocols had to pay a 6 SOL fee. All migrations will also be instant.

    As a way of incentivizing meme coin traders to switch to PumpSwap, developers said a percentage of their revenue will, in the coming days, be shared with coin creators. Swap fees will be set at 0.25%, with 0.20% distributed to liquidity providers and the remaining 0.05% going to the DEX.

    On X, the co-founder of Pump.fun said they wanted to “get to the next level” and are now “ruthlessly reducing barriers and points of friction.”

    EXPLORE: 10 Coins with High Returns: Crypto Forecast 2025

    A Blow For Raydium?

    Whether Raydium was a barrier to their success remains to be seen. What’s clear is that the move is a massive blow for the popular Solana DEX.

    For months, Raydium has been synonymous with meme coin trading on Solana. In the process, RAY, the native governance token, became one of the best cryptos to buy. 

    It is estimated that, on average, they received 36% of their trading volume from Pump.fun every month.

    By the close of 2024, Raydium made about $154 million in revenue, of which nearly half was from Pump.fun. Now that tokens won’t be trading on its rails but on PumpSwap, it means Raydium will lose a big chunk of its trading volume and revenue.

    Hours after the announcement, RAY slid, losing 11%, per Coingecko data.

    Pump.fun is launching PumpSwap. It competes directly with Raydium by offering fee-free, instant token migrations and creator revenue sharing

    Will Raydium Stand Tall?

    All hope is, however, not lost.

    This week, Raydium launched LaunchLab, a launchpad that rivals Pump.fun but their intention is not to “steal Pump.fun users.”

    It features additions such as a flexible bonding curve and multi-token support, meaning it supports tokens beyond Solana.

    The launchpad also offers seamless liquidity integration that ensures the DEX remains competitive, even staving off competitors.

    According to Raydium, LaunchLab is “far more versatile” and will integrate the DEX’s LP locker for Fee Key NFTs. What this means is that it locks liquidity to secure swap fees forever.

    Beyond the launchpad, it may take time before PumpSwap picks up momentum. Already, Raydium is popular and has a broader user base. Per DeFiLlama, it manages over $1.1 billion as of late March 2025.

    Raydium also serves other sectors, including DeFi, not just meme coins, which Pump.fun aims to capitalize on after launching PumpSwap.

    EXPLORE: Best New Cryptocurrencies to Invest in 2025

    Pump.fun Launches PumpSwap, The End of Raydium?

    • PumpSwap’s Edge: Fee-free migrations and revenue sharing challenge Raydium’s model
    • Raydium’s Risk: Losing Pump.fun’s 36% trading volume could cut millions in revenue
    • Raydium’s Response: LaunchLab aims to retain users with flexible features and broad token support

    The post Pump.fun Launches PumpSwap on Solana: Is This the End of Raydium (RAY)? appeared first on 99Bitcoins.





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  • Is DeSci Most Undervalued Crypto Vertical? Pump.Science Launches Storefront

    Is DeSci Most Undervalued Crypto Vertical? Pump.Science Launches Storefront


    What if crypto could fuel scientific breakthroughs instead of just chasing quick profits? Pump.Science, a decentralized science platform, believes it can. On Thursday, it launched its online storefront, selling supplements like Urolithin A to enhance cellular health. This step seeks to transform research funding, particularly longevity, despite obstacles. With BIO Protocol’s partnership with Solana, DeSci is expanding further into the blockchain realm.

    Pump.Science adopts meme coin strategies to pull in crypto fans. Token holders trade and fund experiments directly, with trading volume driving research. This creates a loop where investment sparks discovery. “We gamify science,” says co-founder Benjamin Leibowitz. “Fresh data keeps it thrilling—traders dive in and enjoy the game. Fun draws a crowd.”

    Trading Tokens, Saving Lives? The DeSci Revolution

    Launched on the Solana blockchain in September 2024 at Solana Breakpoint, Pump.Science lets researchers tokenize experiments. Founders Leibowitz, Paul Kohlhass, and Jillian Casalini built it to test compounds—from worms to humans—and sell successes as supplements. Urolithin A, the debut product, boosts mitophagy to slow aging. Leibowitz explains, “Supplements skip heavy FDA oversight if they’re natural and safe. That accelerates progress.”

    This aligns with Decentralized Science, or DeSci, a Web3 movement using blockchain for open, fair research. DeSci tackles traditional science’s flaws—limited funding, paywalled data, and slow progress. Blockchain stores tamper-proof records, ensuring trust, while smart contracts and tokens fund projects directly. “VCs chase drugs, not lifespan,” Leibowitz says. “DeSci bridges that gap.” According to reports, funding for longevity research dropped from $9 billion in 2022 to $5 billion in 2024’s first half. U.S. grant cuts worsen the crunch. DeSci offers hope.

    The storefront is a milestone. Researchers pitch ideas for a 3 SOL fee, test compounds step-by-step, and sell proven ones. Pump.Science guarantees trust with live-streamed data and audited labs. “We use top labs and block insider trading,” Leibowitz says. Yet, crypto’s ups and downs challenge engagement. “At a $400 million market cap, people flocked,” he notes. “Now, with prices low, it’s hard to keep them.”

    Bio Protocol Partnership With Solana – Decentralized Science And Blockchain Fusion

    Another DeSci leader, BIO Protocol expanded to Solana in early 2025, leveraging its scalability and low fees. This partnership enhances DeSci’s reach, with BIO’s $BIO token now transferable between Ethereum and Solana via Wormhole. BIO has raised $33 million and supports BioDAOs like VitaDAO, focusing on aging research. Its integration with Solana, alongside Pump.Science, signals growing collaboration between the blockchain and DeSci projects.

    Could DeSci be crypto’s most overlooked gem? It solves real issues—funding gaps, data silos, and sluggish innovation. Projects like Molecule, tokenizing IP since 2019, and BIO Protocol, listed on Binance in 2025, show DeSci’s rise. Pump.Science blends trading with impact, proving blockchain’s potential beyond finance. Success rests on aligning crypto’s fast pace with science’s long haul.

    EXPLORE: Ripple SEC Is Finally Over: But Fake XRP Meme Coins Are Already Stealing Wind From XRP Crypto Sails

    • Pump.Science merges crypto with research, letting users fund experiments by trading tokens, starting with longevity supplements like Urolithin A.
    • DeSci (Decentralized Science) aims to fix traditional science’s funding and transparency issues using blockchain tech.
    • Bypassing FDA delays, Pump.Science sells safe, natural compounds directly through its new online storefront.
    • Partnerships with BIO Protocol and Solana signal growing momentum for DeSci as a serious use case for crypto.

    (/key_takeaways)

    The post Is DeSci Most Undervalued Crypto Vertical? Pump.Science Launches Storefront appeared first on 99Bitcoins.





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  • Australian Federal Police Launches Operation Firestorm To Nab Crypto Scamsters Posing As Binance Representatives

    Australian Federal Police Launches Operation Firestorm To Nab Crypto Scamsters Posing As Binance Representatives


    Australian crypto investors are currently facing significant financial losses due to the rise in cryptocurrency scams, particularly those impersonating Binance, one of the world’s largest crypto exchanges. In a statement given on 20 March 2025, the Australian Federal Police (AFP) confirmed the commencement of a global investigation into these crypto scams.

    Scammers posing as Binance representatives initiate contact through SMS with the aggrieved party. They then proceed to create a sense of urgency in their message, alleging unauthorized access to the victim’s accounts.

    The SMS sent by the scammers to the victims often include fake verification codes along with a support phone number. When the aggrieved party calls the phone number included in the SMS, the system directs them to transfer their assets to a “trust wallet” for security reasons. The scammers control this trust wallet, resulting in the victims losing their funds.

    What is striking in this case, however, is the manipulation of SMS technology by the scammers. They spoof their messages to appear in the legitimate message thread from Binance, making it difficult for recipients to distinguish between genuine and fraudulent communications.

    AFP Commander, Cybercrime Operations, Graeme Marshall said, “The AFP has worked closely with our partners at the NASC to ensure any victims in Australia targeted by these scammers were identified swiftly and given advice to help protect their cryptocurrency accounts.”

    Explore: Best New Cryptocurrencies to Invest in 2025

    Australian Authorities Launch Operation Firestorm in Collaboration With the NASC and Other International Law Agencies

    In response to the growing scams, the Australian authorities have launched Operation Firestorm, a collaborative effort by the AFP, the National Anti-Scam Centre (NASC), and other international law enforcement agencies.

    Operation Firestorm aims to find and dismantle the organizations that are carrying out these scams, and so far, authorities have identified and alerted 130 Australian victims.

    Highlighting the challenges of recovering the stolen funds, Commander Marshall emphasizes that once the funds are transferred to the trust wallet, the funds are quickly moved around through a network of wallets and money laundering accounts that complicate fund recovery efforts.

    Marshall further iterates, “If you have already transferred your cryptocurrency to a so-called trust wallet, report it to your bank or digital currency exchange immediately, then to police via ReportCyber quoting the reference number AFP-068.”

    In light of the recent scams, the Australian government has initiated the implementation of regulatory measures for investor protection. One of the regulatory measures is to mandate telecommunication companies to block or flag texts from unregistered senders.

    The government seeks to empower the Australian Communications and Media Authority (ACMA) by creating a mandatory SMS sender ID register so that the media authority can either block these messages or mark them with a warning.

    These measures are undertaken to protect Australian investors from scammers impersonating reputable sources, including crypto exchanges.

    Explore: Binance Wallet Review – Pros, Cons, Safety Revealed

    Binance Commits to User Education and Security

    Binance, on its part, has expressed its commitment to security and user education.

    Jimmy Su, Binance’s Chief Security Officer said, “Scammers often impersonate trusted platforms – like Binance and others – by exploiting certain telecom loopholes to manipulate sender names and sender phone numbers to create urgency.”

    Furthermore, to safeguard investors against such scams, Su suggested the adoption of some preventive measures. He suggested verifying communications by only using the company website or app.

    Su iterated to not share sensitive information and that legitimate companies would never ask for an investor’s seed phrase or private keys.

    He asked investors to be wary of urgent requests, especially those concerning fund transfers, and only use official tools provided by exchanges like Binance Verify to confirm the legitimacy of the communication.

    Binance has plans of its own on how to deal with this menace. The company is aiming to launch a new security feature that will help users identify phishing scams.

    Explore: 5 Best Binance Alternatives in 2025

    Key Takeaways

    • Scammers impersonate Binance via SMS, tricking victims into transferring crypto.
    • Australian authorities launched Operation Firestorm to combat fraud.
    • Binance is aiming to launch a new security feature that will help users identify phishing scams.

    The post Australian Federal Police Launches Operation Firestorm To Nab Crypto Scamsters Posing As Binance Representatives appeared first on 99Bitcoins.





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