Solana-based memecoin platform Pump.fun has announced its first acquisition, integrating wallet-tracking service Kolscan to bolster its trading tools.
The integration provides real-time data and introduces a dynamic leaderboard feature directly within the Pump.fun ecosystem. Users will be able to track and follow the trading activity of top-performing wallet addresses, fostering a community-driven, social trading experience.
This strategic move comes as Pump.fun prepares for its Initial Coin Offering (ICO), where 15% of the total PUMP token supply will be offered at a set price of $0.004 per token. Analysts see the acquisition as key to strengthening Pump.fun’s position and appeal prior to the token launch.
By incorporating Kolscan’s real-time analytics capabilities, Pump.fun aims to enhance platform transparency and mitigate past challenges faced by users. The acquisition underscores Pump.fun’s commitment to expanding its ecosystem and maintaining competitiveness in the fast-evolving Solana memecoin trading space.