- Launchpad has acquired a thriving multi-chain trading terminal.
- The alliance combines Padre’s fast execution with Pump.fun’s user-friendly platform.
- PUMP has surged more than 11% amid the announcement.
Cryptocurrencies held a modest uptick on Friday after news that Trump pardoned Changpeng Zhao and JPMorgan introduced BTC and ETH as collateral, fueling momentum.
The global cryptocurrency market cap rose slightly, gaining 0.8% to reach $3.73 trillion.
While many altcoins showed mixed performance, Pump.fun’s native token stole the spotlight with an impressive spike.
PUMP climbed from a daily low of $0.003757 to an intraday high of $0.004179, representing an 11.23% increase.
The token’s surge coincided with Launchpad’s upbeat acquisition announcement.
The Solana-based token terminal confirmed it has purchased PadreApp, a flourishing multi-chain trading terminal that supports Ethereum, Solana, Base and BNB Chain.
The Pump.fun team expressed enthusiasm about the acquisition, noting:
“The Padre team are exceptional builders who have developed crypto through multiple cycles while always putting users first. With our resources and unique position as a leading and innovative Launchpad, Padre can unlock greater advantages for traders than any competitor.”
we’re excited to announce that pump fun has acquired @PadreApp
Padre is an industry leading trading terminal which provides a seamless, high-speed trading experience with next level analytics for professional traders on Solana, BNB Chain, Base, and Ethereum L1
read more 👇 pic.twitter.com/Oq3EPuGjTk
— pump.fun (@pumpdotfun) October 24, 2025
Specifically, the Padre app has attracted users for its rapid trade execution, advanced analytics, and seamless experience.
Those advantages make the terminal a trusted tool for active traders, serving both experienced professionals and newcomers.
Consequently, Pump.fun’s acquisition is expected to drive increased engagement and trading volume—key metrics in the competitive blockchain space.
Understanding PadreApp
PadreApp is a relatively new entrant in institutional-grade trading solutions.
It has built a loyal user base thanks to its innovative features.
Pump.fun highlights the app’s competitive fees, cashback system, superior user experience, dedicated trader support, and robust core technology.
why Padre?
despite Padre being one of the newest entrants in the pro-trading scene, they’re already one of the most popular tools because of
– the best user experience
– most rewarding cashback & competitive fees
– best dedicated support for traders
– strongest core technology— pump.fun (@pumpdotfun) October 24, 2025
The Pump.fun team added:
“Padre is an industry-leading trading terminal that provides a seamless, high-speed trading experience with next-level analytics for professional traders.”
What’s next for PadreApp
Pump.fun said Padre will continue operating normally, allowing users to buy and sell assets across leading DEXs and launchpads on Ethereum L1, Base, BNB Chain and Solana.
The app will retain its very fast execution speeds.
Users can expect a range of updates, including an improved experience for all tokens launched by Pump.fun, increased trading incentives, and enhanced speed and data delivery.
Importantly, the PADRE token will be discontinued because it no longer serves a utility role on the platform.
The changes are designed to advance Padre into a more effective tool for retail and professional traders within Pump.fun’s expanding ecosystem.
PUMP rises 11%
Pump.fun’s native token showed upward momentum amid the acquisition news.
After reaching intraday highs, the token traded around $0.004016.
Although buyers control the short-term outlook, a 24-hour trading volume drop of 13% signals weakening conviction.
As a result, PUMP could give back gains if selling pressure increases across broader markets.
Technical indicators also point to short-term exhaustion for PUMP.
On the 1-hour chart, moving average convergence suggests buyer fatigue as red histogram bars emerge.
Additionally, RSI indicates weakening momentum.
Nevertheless, the broader market’s sustained recovery may continue to support rallies in PUMP.