Onchain Infrastructure Outshines in PUMP Token Trading and ICO
The post Onchain Infrastructure Outshines in PUMP Token Trading and ICO appeared on BitcoinEthereumNews.com. Tony Kim Jul 18, 2025 09:04 Pump.fun’s ICO and premarket trading highlight the growing dominance of onchain platforms like Hyperliquid and Solana, outperforming traditional exchanges in liquidity and reliability. The recent initial coin offering (ICO) of Pump.fun and its premarket trading activities have underscored a significant shift in the cryptocurrency landscape, according to galaxy.com. Onchain infrastructure platforms like Hyperliquid and Solana have not only kept pace with centralized exchanges but have also exceeded them in terms of liquidity, reliability, and accessibility. Hyperliquid’s Dominance in Pre-Market Trading Launching on July 10, the premarket for PUMP saw Hyperliquid quickly become the leading platform, with open interest (OI) exceeding $480 million. This figure positioned Hyperliquid as the fifth largest perpetual futures market, trailing only behind major cryptocurrencies like BTC and ETH. In contrast, Binance and Bybit recorded significantly lower OI, at $180 million and $71 million respectively. Hyperliquid’s success can be attributed to several key factors, including its onchain-native user base, competitive fees, and streamlined integration with Solana. Additionally, the platform offers KYC-free onboarding, which significantly reduces barriers compared to traditional exchanges. These advantages, coupled with a robust onchain community, have positioned Hyperliquid as a formidable player in the crypto trading arena. Solana’s Role in the ICO Solana played a crucial role during the Pump.fun ICO held on July 12. The event, initially planned as a three-day sale, concluded in less than 15 minutes, with over 90% of the $500 million allocation being transacted through Solana. This swift execution highlighted Solana’s enhanced capabilities in handling large-scale transactions without network disruptions. The success was further bolstered by Solana’s recent architectural upgrades, which have improved its throughput and reliability. These upgrades have ensured that the network can manage intense activity without significant congestion or increased fees, marking…
The post Onchain Infrastructure Outshines in PUMP Token Trading and ICO appeared on BitcoinEthereumNews.com.
Tony Kim Jul 18, 2025 09:04 Pump.fun’s ICO and premarket trading highlight the growing dominance of onchain platforms like Hyperliquid and Solana, outperforming traditional exchanges in liquidity and reliability. The recent initial coin offering (ICO) of Pump.fun and its premarket trading activities have underscored a significant shift in the cryptocurrency landscape, according to galaxy.com. Onchain infrastructure platforms like Hyperliquid and Solana have not only kept pace with centralized exchanges but have also exceeded them in terms of liquidity, reliability, and accessibility. Hyperliquid’s Dominance in Pre-Market Trading Launching on July 10, the premarket for PUMP saw Hyperliquid quickly become the leading platform, with open interest (OI) exceeding $480 million. This figure positioned Hyperliquid as the fifth largest perpetual futures market, trailing only behind major cryptocurrencies like BTC and ETH. In contrast, Binance and Bybit recorded significantly lower OI, at $180 million and $71 million respectively. Hyperliquid’s success can be attributed to several key factors, including its onchain-native user base, competitive fees, and streamlined integration with Solana. Additionally, the platform offers KYC-free onboarding, which significantly reduces barriers compared to traditional exchanges. These advantages, coupled with a robust onchain community, have positioned Hyperliquid as a formidable player in the crypto trading arena. Solana’s Role in the ICO Solana played a crucial role during the Pump.fun ICO held on July 12. The event, initially planned as a three-day sale, concluded in less than 15 minutes, with over 90% of the $500 million allocation being transacted through Solana. This swift execution highlighted Solana’s enhanced capabilities in handling large-scale transactions without network disruptions. The success was further bolstered by Solana’s recent architectural upgrades, which have improved its throughput and reliability. These upgrades have ensured that the network can manage intense activity without significant congestion or increased fees, marking…
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