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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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  • Cardano X Africa: Why This is the Big Partnership ADA Wanted

    Cardano X Africa: Why This is the Big Partnership ADA Wanted


    Cardano (ADA) crypto built its reputation as the academic blockchain but stands out for its focus on Africa, a continent of 1.2 billion people. With a market that size, ADA’s ambitions could reshape crypto adoption on an immense scale.

    The question now is, what’s Cardano’s next move in Africa?

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    Why is Cardono Involved With Africa? 

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    , a top-ten cryptocurrency by market cap, operates on a proof-of-stake model designed for decentralization and sustainability.

    Launched in 2017 by Ethereum co-founder Charles Hoskinson, it’s the first peer-reviewed blockchain project, merging academic rigor with innovative tech.

    ADA crypto has actively launched several projects to help Africans adapt to smart contracts, digital identity, and decentralized financial transactions. This has allowed Cardano to help bring financial innovation to many previously unbanked Africans who had no access to modern banking tools. 

    Here are some countries in which Cardano is actively involved today:

    ADA Crypto Providing Secure Digital Education Records in Ethiopia 

    Cardano is working with a number of African nations, including Ethiopia, to create projects to help strengthen the digital infrastructure. 

    For instance, the Input-Output Hong Kong Foundation—the company responsible for developing Cardano—is creating tamper-proof education records for five million students in Ethiopia’s education system. Unfortunately war broke out and delayed the project, but it’s still ongoing.

    In fact, Cardano wants to go so far as to provide a means of a national identification framework for Ethiopia. 

    “It’s our intention to compete amongst others for the whole national ID system, which is about 110 million people,” said Charles Hoskinson in a 2021 interview.

    Bitcoin X Cardano Development in South Africa

    Edan Yago, founder of BitcoinOS and Sovryn, sees Bitcoin evolving beyond its roots in South Africa. His BitcoinOS project, a rollup stack, is designed to handle more transactions and enable complex features like smart contracts without straining the Bitcoin blockchain.

    Yago’s team is now collaborating with a company called Emurgo to integrate Bitcoin liquidity into Cardano’s ecosystem using trustless bridging and zero-knowledge protocols.

    DISCOVER: 9+ Best High-Risk, High-Reward Crypto to Buy in March 2025

    Why is Cardano’s African involvement So Important? 

    Why does Cardano blockchain zero in on Africa? Simple. A massive, untapped market fuels its growth.

    With over 700,000 active users on its subreddit dwarfing competitors like Polkadot and Solana, Cardano thrives on adoption. Targeting Africa ensures that momentum doesn’t stall.

    Secondly, all of this builds goodwill in Africa. Many Africans are leery of outsiders who come to the continent to do business. A thousand-year history of colonialism will do that to a continent -that’s for sure.

    By focusing on high-value projects, Cardano is crafting a reputation in Africa that could position ADA as the go-to cryptocurrency for years to come.

    Founder Charles Hoskinson believes DeFi’s future starts here, in a region unencumbered by the same entrenched systems faced by the U.S. and China. If successful, ADA could cement itself as the financial backbone for a rising generation.

    DISCOVER: Best Meme Coin ICOs to Invest in March 2025

    Join The 99Bitcoins News Discord Here For The Latest Market Updates

    Key Takeaways

    • Cardano (ADA) built its reputation as the academic crypto blockchain but stands out for its focus on Africa, a continent of 1.2 billion people.
    • By focusing on high-value projects, Cardano is crafting a reputation in Africa that could position ADA crypto as the go-to cryptocurrency.

    The post Cardano X Africa: Why This is the Big Partnership ADA Wanted appeared first on 99Bitcoins.





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