The accumulated revenue of Solana memecoin launchpad pump.fun has surpassed $1 billion, becoming the first Solana platform to reach this milestone. The platform's active buyback program with its native token $PUMP complements this achievement, having spent over $322 million to repurchase more than 28.6% of the circulating supply. Despite this, the trading price of $PUMP remains below its initial issuance price and all-time high, and market sentiment has been affected by the delay of the airdrop plan announced eight months ago. The platform recently achieved its highest weekly token graduation rate in months and expanded its mobile app to support tokens from competing launchpads and mainstream cross-chain assets.