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Cryptocurrency News Articles

SunPump (SPT), a Tron (TRX)-Based Meme Coin Launchpad, Sees a Surge in Activity

Mar 19, 2025 at 05:07 pm

SunPump, a Tron (TRX)-based meme coin launchpad, is experiencing a significant surge in activity, with over 100 tokens created in a single day

SunPump (SPT), a Tron (TRX)-Based Meme Coin Launchpad, Sees a Surge in Activity

SunPump, a Tron (TRX)-based meme coin launchpad, is seeing a massive surge in activity, with over 100 tokens being created in a single day for the first time in four months.

Onchain Lens noted that on March 18 alone, more than 220 new meme coins were deployed on SunPump.

“So far, 95,573 tokens have been launched, generating 36,374,191 TRX in fees, worth $5.74 million. The meme frenzy on TRONDAO is heating up,” the post stated.

The momentum carried over to the next day, with the number increasing to 313. This surge in token creation marks a strong rebound for the Tron-based launchpad, which had experienced a sharp decline in activity since peaking in August 2024.

According to Onchain Lens, the last time over 100 new meme coins were created in a single day was in June 2024.

Notably, Tron founder Justin Sun is actively driving renewed interest in SunPump by promoting the platform across social media. In a series of posts, Sun encouraged users to leverage Tron for meme coin trading, highlighting the network’s affordable infrastructure and the newly introduced zero-fee model.

Announced today, the initiative eliminates all transaction fees for trading on SunPump until September 2025. Additionally, the platform will fully cover energy costs with no limits.

The move aligns with Sun’s broader vision to position Tron as a leading force in the meme coin market, competing directly with platforms like Solana’s (SOL) Pump.fun.

“Every meme will be back on Tron,” Sun stated in a recent post.

The latest move has also sent the SunPump meme coins soaring. The total ecosystem market cap increased by 21.3% over the past 24 hours to reach $85.1 million. Moreover, trading volume surged by 67.4%, indicating a spike in investor interest.

Furthermore, most of the top 10 tokens in the ecosystem experienced substantial gains over the past day. SunWukong (SUNWUKONG) and FoFar (FOFAR) led the rally, both showing triple-digit percentage gains.

Beyond SunPump, Tron itself is experiencing heightened market activity. According to LunarCrush, its social dominance climbed to 1.05%, making Tron one of the most discussed topics in the crypto space. Moreover, the network now holds the No. 1 AltRank™ on the analytics platform.

That’s not all. The excitement has also spilled over to TRX, with its price rising 5.7% over the past day. At press time, the altcoin traded at $0.24.

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Other articles published on Mar 19, 2025