Pump.fun Acquires Padre to Boost Solana Memecoin Liquidity
Pump.fun has acquired the multichain trading terminal Padre to reinforce liquidity on its Solana-based memecoin launchpad. The move integrates Padre’s cross-chain support for Ethereum and BNB Chain, along with cashback rewards, competitive fees and advanced order types. According to Jupiter data, Pump.fun’s market share on Solana fell from 75% at its 2024 peak to 44%. By unifying Padre’s low-latency execution and intuitive interface, Pump.fun aims to reduce slippage, attract traders and reverse a 21% drop in memecoin market capitalization over 30 days. Traders should watch for improved liquidity infrastructure that could boost trading volumes and stabilize memecoin prices across Solana, Ethereum and BNB Chain.
Bullish
By acquiring the Padre terminal, Pump.fun strengthens its liquidity infrastructure across Solana, Ethereum and BNB Chain, which is likely to reduce slippage and attract higher trading volumes. In the short term, improved execution and cashback incentives may draw back traders seeking lower fees, supporting price stabilization for memecoins. Over the longer term, enhanced liquidity and cross-chain capabilities can reinforce Pump.fun’s market leadership and foster sustained trading activity, which typically has a bullish effect on token prices, especially within the Solana ecosystem.