Pump.Fun is showing fresh energy heading into October after a strong breakout at the end of September. The token is up more than 13% on the day and is drawing attention from traders who see it as one of the few plays on the still-active memecoin scene.
Backed by daily buybacks and strong on-chain usage, PUMP price is going to start the month of October with momentum that could set the stage for another leg higher.
What you'll learn 👉
What’s Happening With PUMP
Interest in PUMP has been building for several reasons. Guy (@Credib1eGuy) highlighted on X that daily buybacks of around $1 million have supported recent trading volume on both perps and XPL pairs.
He noted that PUMP’s fee generation, roughly half of which counts as revenue, is not far behind bigger names like HYPE and could even surpass them if the team didn’t share so much with creators.
He also pointed out that the team controls more than 2 billion dollars in reserves, giving them plenty of room to innovate.
Bought $PUMP:
— Guy (@Credib1eGuy) September 28, 2025
> 1M daily buybacks sustained recent perps/xpl volume, idc if you hate the product; people clearly use it
> if you look fees (not revenue) you realize PUMP actually is usually HIGHER than hype…
> appears HALF of fees is revenue, other half to creators, in… pic.twitter.com/VBC1fQ1zF1
Guy sees PUMP as a “clear beta play to Solana,” one of the few altcoins that fits well under the new Clarity Act and may attract institutional flows.
Other traders like VarrockBank have called PUMP “the only liquid token that lets you long memecoins as an idea,” stressing that it earns real revenue, runs daily buybacks, and has no token unlocks until May 2026. That combination has kept demand high even while many memecoins cool off.
What the PUMP Chart Is Showing
The 1H chart supports that bullish story. After forming a higher low at $0.00484, PUMP price rallied sharply from a key support zone near $0.00536, marked on the chart by a yellow box.
From there, it broke out toward $0.00595 and $0.00618, which are the next resistance levels highlighted by analyst Scarlett.
PUMP price briefly tapped the lower end of that resistance zone before easing back to about $0.00570. As long as it holds above the yellow support box, momentum favors the bulls.
If buying pressure returns, the chart leaves room for an extension toward $0.00625–$0.00650, a range Scarlett sees as the next target if the rally continues.
Moreover, momentum signals are aligned with the chart’s bullish setup. PUMP’s RSI on the one-hour timeframe is in healthy territory, confirming that the recent pullback from the highs has so far been a normal pause rather than a reversal.
Volume on the breakout was strong, and daily buybacks add a consistent bid that supports the price even when broader market activity slows.
On-chain fee and revenue data also back the idea that demand is not purely speculative. As Guy pointed out, PUMP’s fee generation is competitive with much larger projects, and a significant share of those fees is flowing back to the token through buybacks.
there's only one liquid token that lets you long "memecoins" as an idea$pump has revenue, daily buybacks, and no unlocks until may 2026@pumpdotfun's pmf is insane. so many people still trade memecoins even though "everyone agrees the trenches are dead"
— hype (@VarrockBank) September 29, 2025
(1/2) pic.twitter.com/XaZaqpwFX9
Read Also: Here’s Where Polygon (POL) Price Is Headed This Week
PUMP Price Short-Term Outlook for October
Heading into October, the key level to watch is the $0.00536 support zone. As long as PUMP stays above it, the setup remains constructive.
As long as PUMP maintains control over it, the setup remains positive. A solid break at $0.00618 would likely draw in fresh buyers and may increase the price to $0.00625–$0.00650 in the near term.
If the market breaks down and PUMP price falls back into the yellow box, it will validate a consolidation phase, with $0.00484 being the stronger support to hold.
With daily buybacks in place, strong fee revenue, and growing recognition as a unique way to bet on memecoins and the Solana ecosystem, PUMP enters October with a bullish bias. If the current momentum holds, the next few weeks could bring another upward leg that tests and possibly clears the recent highs.
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