{"id":67082,"date":"2026-01-27T13:36:40","date_gmt":"2026-01-27T13:36:40","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/pump-token-jumps-25-even-as-pump-fun-solana-face-class-action-lawsuit\/"},"modified":"2026-01-27T13:36:40","modified_gmt":"2026-01-27T13:36:40","slug":"pump-token-jumps-25-even-as-pump-fun-solana-face-class-action-lawsuit","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/pump-token-jumps-25-even-as-pump-fun-solana-face-class-action-lawsuit\/","title":{"rendered":"PUMP token jumps 25% even as Pump.fun, Solana face class action lawsuit"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/image-19-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>PUMP surged 25% in 24 hours, outperforming top altcoins despite legal pressure on Pump.fun and Solana Foundation.<\/li>\n<li>Pump.fun buybacks cut over 20% of supply, supporting PUMP as Solana\u2019s price weakens on lawsuit concerns.<\/li>\n<li>Strong revenue and expansion plans lift PUMP, even as broader crypto markets remain under pressure.<\/li>\n<\/ul>\n<p>PUMP, the native token of Pump.fun, surged 25% over the past 24 hours, outperforming most top-100 cryptocurrencies by market capitalization, even as its associated platform and the Solana Foundation face mounting legal and reputational challenges.<\/p>\n<p>The rally comes amid broader weakness across the cryptocurrency market and renewed scrutiny of memecoin launch practices on Solana.<\/p>\n<h2 data-start=\"381\" data-end=\"429\">Legal pressure weighs on Pump.fun and Solana<\/h2>\n<p data-start=\"431\" data-end=\"729\">Pump.fun and the Solana Foundation are facing a class action lawsuit alleging insider trading and questionable token launch practices, according to market data.<\/p>\n<p data-start=\"431\" data-end=\"729\">The lawsuit has introduced legal uncertainty for both entities and intensified scrutiny of Pump.fun, Solana\u2019s leading memecoin launchpad.<\/p>\n<p data-start=\"731\" data-end=\"1186\">Solana\u2019s native token has experienced notable volatility in recent weeks, with price declines coinciding with the negative news flow surrounding Pump.fun.<\/p>\n<p data-start=\"731\" data-end=\"1186\">Since launching in January 2024, Pump.fun has facilitated millions of token creations and generated substantial fee revenue, according to on-chain data.<\/p>\n<p data-start=\"731\" data-end=\"1186\">However, market observers note that token launches on the platform have declined as legal challenges and unfavorable media coverage have escalated.<\/p>\n<p data-start=\"1188\" data-end=\"1714\">Pump.fun\u2019s reputation shifted following a February 2025 report from analytics firm Solidus Labs titled \u201cThe 2025 Rug Pull Report: Rug Pulls and Pump-and-Dumps on Solana.\u201d<\/p>\n<p data-start=\"1188\" data-end=\"1714\">The report found that the majority of tokens launched on Pump.fun, along with liquidity pools on Raydium, exhibited characteristics consistent with pump-and-dump schemes or rug pulls.<\/p>\n<p data-start=\"1188\" data-end=\"1714\">According to the report, the platform and related protocols extracted billions of dollars from investors during 2025, driven by a high rate of fraudulent token launches.<\/p>\n<p data-start=\"1716\" data-end=\"2222\">Solana\u2019s price has pulled back from recent highs before stabilizing near key support levels.<\/p>\n<p data-start=\"1716\" data-end=\"2222\">Technical analysts report elevated volatility, with upside moves encountering resistance.<\/p>\n<p data-start=\"1716\" data-end=\"2222\">Despite the price weakness, on-chain indicators for Solana remain relatively strong, with developer activity, transaction volumes, and wallet engagement holding up compared with other Layer-1 blockchains.<\/p>\n<p data-start=\"1716\" data-end=\"2222\">Analysts suggest Solana\u2019s recent price action has been driven more by narrative concerns than underlying fundamentals.<\/p>\n<h2 data-start=\"2224\" data-end=\"2270\">PUMP outperforms as buybacks support price<\/h2>\n<p data-start=\"2272\" data-end=\"2525\">In contrast to Solana\u2019s recent decline, the PUMP token has continued to rally.<\/p>\n<p data-start=\"2272\" data-end=\"2525\">The token\u2019s 25% overnight gain extends a broader uptrend that has lifted prices roughly 60% over the past month and about 160% from lows near $0.0011 reached in October 2025.<\/p>\n<p data-start=\"2527\" data-end=\"3004\">Market participants have attributed some of the recent strength in PUMP, as well as other high-beta tokens such as HYPE, to capital rotation into riskier assets.<\/p>\n<p data-start=\"2527\" data-end=\"3004\">For Pump.fun, however, analysts point to project-specific factors as key drivers.<\/p>\n<p data-start=\"2527\" data-end=\"3004\">The platform has repurchased more than 20% of its total token supply over the past three months, tightening circulating supply without immediate dilution.<\/p>\n<p data-start=\"2527\" data-end=\"3004\">No token unlocks are scheduled until July, reinforcing the scarcity narrative.<\/p>\n<p data-start=\"3006\" data-end=\"3213\">Revenue generation has also remained robust.<\/p>\n<p data-start=\"3006\" data-end=\"3213\">Daily revenue continues to exceed $1 million and reached $2.16 million on Monday, highlighting the platform\u2019s operational strength despite ongoing legal concerns.<\/p>\n<h2 data-start=\"3215\" data-end=\"3268\">Pump price prediction<\/h2>\n<p data-start=\"3270\" data-end=\"3523\">Investor sentiment has been further supported by Pump.fun\u2019s recent announcement of a dedicated investment arm aimed at funding ecosystem growth, alongside the launch of a $3 million hackathon designed to attract developers and enhance long-term utility.<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_359704\" aria-describedby=\"caption-attachment-359704\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-359704\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/01\/PUMPUSD_2026-01-27_12-00-01.png\" alt=\"Pump.fun Price Chart\" width=\"972\" height=\"2037\"\/><figcaption id=\"caption-attachment-359704\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/PUMPUSD\/\" target=\"_blank\" rel=\"noopener\">PUMP price chart<\/a> by TradingView<\/figcaption><\/figure>\n<p data-start=\"1892\" data-end=\"2134\" data-is-last-node=\"\" data-is-only-node=\"\">While the broader cryptocurrency market remains under pressure, with Bitcoin struggling to hold above $90,000, Pump.fun\u2019s token has shown relative outperformance.<\/p>\n<p data-start=\"1892\" data-end=\"2134\" data-is-last-node=\"\" data-is-only-node=\"\">Recent gains have reversed a prior downtrend, with a confirmed break above $0.003 shifting attention to resistance near $0.005.<\/p>\n<p data-start=\"1892\" data-end=\"2134\" data-is-last-node=\"\" data-is-only-node=\"\">Technical indicators suggest momentum could build if the token closes January above key support around $0.0025, potentially opening the way for a first-quarter move toward $0.007 or higher.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/pump-token-jumps-25-even-as-pump-fun-solana-face-class-action-lawsuit\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) PUMP surged 25% in 24 hours, outperforming top altcoins despite legal pressure on Pump.fun and Solana Foundation. Pump.fun buybacks cut over 20% of supply, supporting PUMP as Solana\u2019s price weakens on lawsuit concerns. Strong revenue and expansion plans lift PUMP, even [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":67083,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67082"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=67082"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/67082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/67083"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=67082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=67082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=67082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}