Over the past 24 hours, transaction fees on Sun Pump, a new meme coin creation platform running on the TRON blockchain, were 59% higher than those on the Solana-based Pump.fun.
According to an independent blockchain researcher, users of the Sun Pump platform minted 7,351 new tokens in a single day on August 21, generating $585,000 in fee revenue for the project. In contrast, the Pump.fun platform, which was leading the meme coin market in recent weeks, earned only $366,000 during the same period, with 6,701 new tokens minted.
Sun Pump launched less than two weeks ago and already generated over $1.5 million (~10.5 million TRX) in fees. In just 12 days, its users minted over 26,000 new meme coins on the TRON blockchain.
The surge in user activity on the protocol triggered a rise in transaction fees on the TRON blockchain, mirroring a scenario in which the Pump.fun platform recently propelled the Solana network to lead in fees. The TRON network revenue reached a record $3.84 million in the last 24 hours.
Analysts warned that the probability of making a profit on Pump.fun is just 0.12%. However, the popularity of meme coins is rapidly growing, and trading protocols are launching new tools that offer additional financial benefits from trading in the meme coin market.
