PUMP price is on the move again. The token is up almost 10% today, trading around $0.003223, while trading volume is also up by more than 30%.
After a slow stretch in August, buyers are finally stepping back in, and the price chart is starting to look a lot more interesting.
One big reason behind today’s move is that Pump.fun has regained its dominance as the go-to memecoin launchpad on Solana.
Between August 4–17, it captured 62% of all launchpad revenue, processing a huge $1.4 billion in trading volume and more than 293,000 new token launches.
That’s a big deal, because back in July, rival Bonk.fun briefly took the lead. Regaining that market share shows that developers and traders are coming back, which directly benefits PUMP since it’s used for platform fees and governance.
Another driver is the buyback program. Since early August, Pump.fun has been buying back more than $1 million worth of PUMP tokens daily, part of a larger $33 million initiative announced in July.
These buybacks cut circulating supply, which helps put a floor under price action. While PUMP’s total supply is still a massive 1 trillion tokens, consistent buybacks give traders more confidence to step in on dips.
#PumpFun Accelerates Buybacks with $10.6M in PUMP Purchases!@Pumpdotfun has significantly increased its buyback activity, spending $10,657,503 on $PUMP tokens between August 20–26. This figure represents an impressive 99.32% of the platform’s total revenue during the period.… pic.twitter.com/ymhHSNJ4sB
— Crypto Miners (@CryptoMiners_Co) August 28, 2025
What is the PUMP Price Chart Showing?
Looking at the 4H chart, PUMP has been bouncing off its lows and is now testing the $0.0032 area. This level has acted as a ceiling for much of late August, so breaking through it is a sign of strength.
If bulls can hold here, the next targets sit in the $0.0036–$0.0042 zone, which would mark a proper short-term rally.
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Volume has also picked up, which is usually a good sign that more traders are paying attention. Instead of just a small relief bounce, the structure now looks more like the beginning of a potential reversal.
Moreover, analyst moritz put it simply on X earlier today:
$PUMP is trading at a $1.1B market cap. It’s doing $10M in token buybacks every week. Solana is starting to show strength again. And the chart looks like this. Simple as that: if you’re bullish on the coming months, you want $PUMP in your portfolio.
The message is clear, if Solana keeps gaining traction, ecosystem tokens like PUMP are in a good spot to ride that wave.
Pump.Fun Price Short-Term Outlook
For now, the key level to watch is $0.0032. Holding above it could fuel a push toward the $0.0036–$0.0042 range, while slipping back under $0.0030 would put bears back in control.
With platform activity surging and buybacks still rolling in, bulls have momentum on their side. But with competition from Bonk.fun, and supply dynamics still in play, the next few weeks will show whether PUMP price breakout is the start of something bigger or just another short-term spike.
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