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‎The Solana based memecoin $PUMP is making headlines again with a massive recovery and sharp uptick in on chain and exchange activity. What started as a typical meme project is now pulling serious attention from traders and analysts alike.

‎Market Performance

‎Recent Low: $0.001

‎Current Range: $0.0055 – $0.0057

‎Recovery: Over 450% rebound, showing strong buyer interest and a resilient floor

‎On Chain & Exchange Indicators

‎Trading Volume: Consistently clocking between 5M – 7.6M tokens per 4H window

‎Support Zone: Holding firm above $0.0050, forming higher lows

‎Open Interest: Hyperliquid pre market OI has surged past $152M, signaling serious trader engagement

‎Midway through this price action, BingX stepped in with a Launchpool event that’s pushing even more momentum into the market. From July 11 to July 17, 2025, users can stake assets to earn hourly $PUMP rewards adding utility and excitement for participants looking beyond just price speculation.

‎What’s Next?

‎With a negative funding rate (-0.0033%), shorts are paying longs, hinting at possible bullish pressure building up. The current market structure with stable consolidation after explosive growth suggests potential for further upside, especially if sentiment continues to favor risk on assets.

‎$PUMP’s comeback isn’t just noise it’s movement backed by activity, structure, and solid community energy.

‎ Do you think memecoins like $PUMP can hold long term relevance if backed by solid tokenomics and staking utilities or is this just another hype wave?

‎This is not financial advice. Always do your own research (DYOR) before making investment decisions.

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