- Daily revenue of Pump.fun reached $3.12 million, surpassing Hyperliquid’s $2.78 million.
- Bloomberg analysts say a DOGE ETF could go live on Thursday.
- Markets showed confidence as traders eyed the possibility of another meme-coin season.
The crypto market remained resilient on Tuesday as Bitcoin rose ahead of a closely watched interest-rate decision, a development poised to shape the industry’s near-term direction.
Analysts are forecasting a significant breakout if the Federal Reserve implements a potential 25-basis-point cut.
Solana-based launchpad Pump.fun has delivered strong performances in recent sessions and has now overtaken Hyperliquid in daily trading revenue.
At the same time, original meme cryptocurrency Dogecoin captured renewed attention as the community prepared for what could be the first U.S. DOGE ETF, expected on Thursday.
Pump.fun surpasses Hyperliquid
The meme-token generation platform has staged a notable recovery as strategic buybacks and token burns began to produce results.
Data compiled by CryptoRank shows Pump.fun outpaced 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 has 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
Decentralized exchanges recorded $2.78 million in 24-hour revenue on September 15, below Pump.fun’s $3.12 million.
That performance places Pump.fun among high-yield DeFi networks, ranking just behind major players like Tether and Circle in daily income.
Key factors driving Pump.fun’s growth include launch fees for new tokens, active trader activity, and liquidity allocations.
The surge in activity also reflects a broader uptick in interest toward meme tokens. This indicator often signals potential price appreciation as investors chase high-risk, high-reward opportunities.
Pump.fun’s native token registered bullish momentum as the protocol gained traction.
PUMP surged more than 75% over the past seven days to reach $0.008160.
DOGE ETF launch lifts sentiment
Excitement spread through the meme-coin ecosystem as enthusiasts prepared for the first U.S. Dogecoin exchange-traded fund.
Bloomberg analyst Eric Balchunas expects the Dogecoin ETF and a spot XRP ETF to launch this week, tweeting that the Doge ETF is scheduled for Thursday.
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
The discussion attracted attention amid the U.S. Securities and Exchange Commission’s cautious stance on altcoin ETFs. Regulators have delayed decisions on several exchange-traded funds in recent months.
Balchunas noted that all 33 Act DOGE ETF applications are currently with the SEC and he expects approvals could arrive within the next two months.
All 33 Act DOGE ETFs are sitting with the SEC, likely to see approval in the next two months.
If approved, the REX-Osprey DOGE ETF (DOJE) would be the first U.S. exchange-traded fund to give investors regulated exposure to Dogecoin, a milestone that would elevate the token’s profile in traditional finance at a time when markets are shifting focus from hype-driven assets toward projects with clearer real-world utility.
DOGE traded higher as the community awaited the potential launch. The token rose more than 10% over the past week to $0.2652.
Clearing the $0.30 resistance level could spark a more substantial rally for the altcoin.
Institutional interest also increased: CleanCore Solutions made three large purchases this week, with its latest acquisition adding 100 million DOGE—roughly $26.6 million—bringing the firm’s holdings above 600 million DOGE and targeting 1 billion by October.
🚨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
Market capitalization for all meme tokens stands at $86.14 billion, with total trading volume of $9.34 billion (data from Coingecko).