- Pump.fun’s daily revenue of $3.12 million eclipses Hyperliquid DEX’s $2.78 million.
- Bloomberg analysts expect a DOGE ETF could launch on Thursday.
- Markets show optimism as traders watch for another meme coin season.
The cryptocurrency market remained resilient on Tuesday as Bitcoin bounced back ahead of the highly anticipated interest rate decision, a development poised to influence the industry’s direction in the coming weeks.
Analysts forecast notable moves if the Federal Reserve opts for a 25-basis-point cut.
Solana-based launchpad Pump.fun has posted strong performance in recent sessions, surpassing Hyperliquid in daily trading revenue.
At the same time, the original meme cryptocurrency, Dogecoin, captured attention as the community awaited the possible launch of the first U.S. DOGE ETF on Thursday.
Pump.fun eclipses Hyperliquid
The meme token generation platform has shown significant recovery as strategic buybacks begin to deliver results.
Data compiled by CryptoRank show Pump.fun outpacing Hyperliquid in daily revenue.
Pump fun surpasses Hyperliquid in daily revenue: $3.12M vs $2.78M.
Meanwhile, on the Pump fun streaming platform:
• Solana memecoin Elizabeth Cat hasd earned $90K+ in creator fees in 3 days
• Uber driver (ex-$5/delivery) has gained $20K in fees in 2 hours pic.twitter.com/OhZPTQpOgn— CryptoRank.io (@CryptoRank_io) September 15, 2025
The decentralized exchange recorded $2.78 million in 24-hour revenue on September 15, compared with Pump.fun’s $3.12 million.
This milestone places Pump.fun among the top DeFi revenue-generating networks, trailing only major issuers like Tether and Circle.
Fees from new token launches, active trading, and liquidity provision have all contributed to Pump.fun’s growth.
These developments reflect renewed interest in meme tokens.
Such indicators point to a potential bullish run as investors chase high-risk, high-reward opportunities.
The native Pump.fun token also showed bullish momentum as the protocol gained traction.
PUMP has surged more than 75% over the past seven days to $0.008160.
Dogecoin ETF launch nears
At the same time, excitement has built across the meme-coin ecosystem as enthusiasts prepare for the first U.S.-listed DOGE exchange-traded fund.
Bloomberg analyst Eric Balchunas expects DOGE and XRP ETFs to go live this week, noting:
As of now, the Doge ETF (DOJE) is slated for Thursday launch.
As of now, the Doge ETF $DOJE is slated for Thursday launch, as is a 40 Act spot XRP ETF $XRPR (which was in the same prospectus that went effective, Trump and Bonk also in there too, but no word on launch date for those yet) https://t.co/q20takMsAe
— Eric Balchunas (@EricBalchunas) September 15, 2025
These discussions gained traction amid the SEC’s cautious stance on approving altcoin ETFs, a regulator that has recently delayed decisions on several products.
Balchunas, however, views approvals as likely.
Responding to a user asking why the SEC had previously rejected Bitwise’s spot DOGE ETF, he said:
The 33 DOGE Act ETFs are now in the SEC’s hands and are likely to be approved within the next two months.
If authorized, the REX-Osprey DOGE ETF (DOJE) would become the first U.S.-listed fund to give crypto investors direct exposure to a meme token.
Such a move would broaden Dogecoin’s appeal in traditional finance, an important step as markets shift from hype-driven assets toward projects demonstrating real-world use cases.
DOGE traded higher as the community awaited the week’s key developments.
It has gained over 10% in the past week, trading around $0.2652.
Clearing resistance at $0.30 could trigger substantial rallies for the altcoin.
Institutional buyer CleanCore Solutions has shown confidence in Dogecoin with three large purchases this week.
In its most recent transaction the firm acquired 100 million DOGE, worth about $26.6 million.
🚨JUST IN: CleanCore Solutions just bought another 100M $DOGE (~$26.6M), its third purchase in a week.
The company now holds 600M+ DOGE and says it’s on track to hit 1B DOGE within 30 days. pic.twitter.com/fAwcndrec4
— Satoshi Club (@esatoshiclub) September 16, 2025
CleanCore now holds over 600 million DOGE and aims to reach 1 billion DOGE within the next month.
The combined market capitalization of meme tokens stands at $86.14 billion, with a 24-hour trading volume of $9.34 billion (data from CoinGecko).