If you've been diving into the wild world of meme coins on Solana, you've probably heard of Pump.fun—a platform that lets anyone launch a token in seconds, turning ideas into tradeable assets with just a click. But lately, the conversation has shifted toward sustainability. Enter Project Ascend, a game-changing series of updates announced by Pump.fun that's got the community buzzing.
The announcement dropped via a slick video on X (formerly Twitter), highlighting how these changes aim to "100x the Pump.fun ecosystem" by making coins more aligned with their communities. At the core? Dynamic fees that could boost creator earnings by 10x and a speedup in processing Community Takeover (CTO) creator fee applications—also by 10x. For those new to the lingo, a CTO happens when a community steps in to manage a token if the original creator bails, ensuring the project doesn't die out.
One prominent voice in the space, @_Shadow36, chimed in with high praise for the move. In their thread, they called it a "huge update and honestly a step in the right direction." Shadow highlighted how these fees incentivize creators to stick around, enabling them to fund artists, marketing efforts, donations, and more. It's all about turning short-term pumps into long-lasting projects. They noted, "Huge win for those who truly care about making their project be great and last."
But Shadow didn't stop there—they pointed out a potential gap: older Pump.fun coins that aren't on PumpSwap (the platform's trading hub) and thus miss out on these fees. "We need to find a solution for non-PumpSwap OG Pump.fun coins that don't get fees," they added, urging support for hardworking communities.
The response from Pump.fun co-founder @a1lon9 was intriguing: "Time to migrate old Pump.fun coins to PumpSwap? 👀" This teaser sparked immediate reactions, including a shocked "OH FUCK" from Shadow themselves. It hints at future migrations that could bring legacy tokens into the new fee structure, potentially revitalizing dormant projects.
Other community members piled on with enthusiasm. @flachinho praised the move for providing more funds for marketing, listings, and artist payments, saying it solves the challenge of pushing coins with limited resources. Meme artist @grizzle_art simply dropped a "W" alongside custom artwork, capturing the celebratory vibe in the trenches—the gritty, dedicated side of meme coin building.
This update comes at a pivotal time for Solana's meme ecosystem, where quick launches often lead to rug pulls or fading hype. By introducing dynamic fees—likely tiered based on trading volume or other metrics—Pump.fun is rewarding sustained effort. Creators can now earn more from ongoing trades, fostering a healthier loop where communities thrive long-term.
If you're a blockchain practitioner eyeing meme tokens, keep an eye on Pump.fun. Project Ascend isn't just an upgrade; it's a shift toward maturity in a space known for its chaos. Whether you're launching your own coin or scouting the next big pump, these changes could make all the difference in building something that lasts.
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