Meme Insider
Pump.fun, the popular platform for launching meme coins on Solana, just dropped a major announcement that's set to shake up the ecosystem. As reported by SolanaFloor on X, they're introducing Project Ascend—a series of upgrades aimed at making meme tokens more sustainable and aligned with their communities. This isn't just hype; it's about real improvements that could 100x the platform's impact.
Understanding Project Ascend
At its core, Project Ascend is all about leveling up the playing field for creators, startups, streamers, and communities. The first wave of updates focuses on two big things: boosting creator earnings through a new fee model and speeding up the process for community takeovers (CTOs). If you're new to this, Pump.fun lets anyone create and trade meme coins easily, but sustaining growth has been a challenge. Project Ascend tackles that head-on.
The announcement highlights how creators have been using fees for marketing, content, and funding, but the old system wasn't cutting it. It was like trying to fuel a rocket with a bicycle pump—inefficient. Now, with these changes, Pump.fun is positioning itself as the go-to hub for high-potential projects on Solana.
The Game-Changer: Dynamic Fees V1
The star of the show is Dynamic Fees V1, a tiered creator fee structure exclusive to PumpSwap (Pump.fun's decentralized exchange). Here's the simple breakdown: fees are based on the coin's market cap. The bigger the market cap, the lower the fee percentage. This means early-stage projects can earn more to fund their growth without burdening traders as the coin scales.
This applies to all coins on PumpSwap, old and new, so even existing meme tokens can benefit. The fees collected by the Pump.fun protocol and liquidity providers stay the same, ensuring the ecosystem remains balanced. For a deeper dive, check out the official fees docs.
To illustrate the impact, Pump.fun shared examples of how dynamic fees would multiply earnings for popular coins:
| Coin | Old Creator Fees | With Dynamic Fees |
|---|---|---|
| TRENCHER | $104,308 | $1,206,215 |
| RASMR | $9,470 | $94,776 |
| USDUC | $104,033 | $565,243 |
| ZESTY | $5,406 | $96,718 |
| DOLLO | $21,951 | $258,123 |
| TOKABU | $78,749 | $292,313 |
| TBC | $16,156 | $247,115 |
| BASEDD | $15,644 | $192,015 |
| TROLL | $370,831 | $784,571 |
As you can see, this is a massive boost—often 10x or more. It means more resources for viral campaigns, listings, and building real value, attracting top talent like streamers and startups to the platform.
Faster CTO Processes for Community Wins
Not every creator sticks around, and that's where CTOs come in. If a project's original creator isn't pulling their weight, communities can apply to take over and receive the creator fees. Pump.fun is now processing these applications 10x faster, making it easier for dedicated teams to step in during crucial moments.
You can submit a CTO application via this Google Form. This empowers communities to drive long-term success, ensuring meme coins aren't just pump-and-dumps but have real staying power.
Why This Matters for Meme Token Enthusiasts
For blockchain practitioners and meme coin traders, Project Ascend signals a shift toward sustainability. Higher creator rewards mean better-funded projects, which could lead to more innovative memes, stronger communities, and less volatility over time. It's a win-win: creators get the tools to grow, traders get healthier markets, and Solana's ecosystem gets a fresh influx of activity.
As Pump.fun puts it, "it's time for massive growth." Whether you're launching your next meme or just watching from the sidelines, keep an eye on this— it could redefine how we think about meme tokens. For the full scoop, head over to the original thread on X.
