- Pump.fun acquires Kolscan, a wallet analytics platform tracking top on-chain traders.
- The deal strengthens Pump.fun’s vision of trading as a gamified, social experience.
- Kolscan’s leaderboard, copytrading, and PnL tools will be integrated into Pump.fun’s platform.
Solana-based memecoin platform Pump.fun has completed its first acquisition, purchasing wallet analytics tool Kolscan just days before its highly anticipated token sale.
Kolscan, which tracks on-chain traders and ranks them by performance, offers live profit-and-loss data and token activity insights. These features will now become a core part of Pump.fun’s platform, supporting its push to turn trading into a more interactive, social experience.
The deal precedes the launch of Pump.fun’s $PUMP token, scheduled for public sale on 12 July, with the company targeting a US$4 billion (AU$6.1 billion) valuation. A third of the token supply will be sold in the ICO, with 15% allocated to retail buyers. Eighteen percent has already been allocated to private investors. Each token is priced at US$0.004 (AU$0.006).
Related: First U.S. Solana Staking ETF to Launch July 2, Pushing SOL Up 4.5%
Trading as a Social Sport
Alon Cohen, Pump.fun’s co-founder, said the acquisition aligns with the company’s belief that on-chain trading thrives on community and shared experience. “You do it with your friends and compare yourself to the best,” he wrote on X, adding that project outcomes often depend on timing, conviction, and who gets involved.
The success of the projects you invest in are often determined by the kinds of people that are involved, when they got in, how much conviction they have, etc. For those reasons, we believe that products that provide social insights/tools and gamify the trading experience are key to growing our ecosystem.
Alon Cohen, Co-Founder, Pump.funKolscan’s services are now free to use and will be upgraded over time, with plans to refine the leaderboard system to better reflect actual trading skill and provide deeper visibility into copytrading strategies. Prior to the acquisition, Kolscan had already attracted tens of thousands of users.
Exchanges Prepare for $PUMP Launch
Coinbase International Exchange and Coinbase Advanced are preparing to open pre-launch trading for $PUMP on 10 July, ahead of full listings on Bybit, KuCoin, and Kraken 48 to 72 hours after the ICO wraps up.
Still, some major traders remain cautious. Two whale wallets have reportedly opened US$7 million (AU$10.67 million) in short positions on HyperLiquid, signalling uncertainty around the token’s early price action.
Looking ahead, Pump.fun aims to build a content and creator ecosystem with livestreaming features and crypto-based rewards – a long-term bet on blending trading with social media-style engagement.
Related: Matt Hougan: Tokenisation – Wall Street’s Next Trillion-Dollar Revolution
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