Fomo Overtakes Pump.fun in Daily Solana Revenue

Fomo is a mobile-first onchain social-trading platform that combines token discovery, a social feed, copy trading and gasless swaps in one interface. Its rise matters because it suggests crypto users increasingly want execution, content and community in the same product, rather than moving between wallets, decentralized exchanges and messaging apps. That model has helped Fomo expand even as the broader digital-asset market has weakened and retail risk appetite has cooled.

By mid-July 2026, Fomo had processed more than $4.69 billion in cumulative trading volume and counted over 625,000 user accounts. Revenue reached $1.39 million in the week ended July 16, ranking it third among Solana protocols. Fomo also emerged as a major trading gateway for Solana and the newly launched Robinhood Chain, intensifying competition with memecoin leader Pump.fun as both platforms broaden cross-chain support and compete for high-frequency retail traders.

Pump.fun is a major memecoin launch and trading platform in the Solana ecosystem, and its fee revenue illustrates how on-chain speculation affects the network's economy. Even as the memecoin boom cooled, Solana expanded into payments and real-world asset tokenization, attracting institutions including BlackRock and Visa.

Pump.fun generated $124.7 million in revenue in the first quarter of 2026, accounting for more than one-third of total application revenue on the Solana network during the period. Meanwhile, the market capitalization of real-world assets (RWAs) on Solana surpassed $2 billion, indicating that its growth momentum is extending beyond memecoins into institutional payments and tokenization.