Binance has officially announced the listing of Pump.fun’s native token, $PUMP, complete with the application of a Seed Tag. This development comes hot on the heels of Binance.US’s recent addition of the token, underscoring growing institutional interest in Solana-based innovation platforms.
Pump.fun, a popular Solana-native token launchpad, allows users to create and trade meme coins instantly through an automated bonding-curve mechanism, bypassing traditional liquidity pools and coding requirements. Since its launch earlier this year, the platform has become a hotspot for community-driven token experiments, generating over $100 million in cumulative revenue and facilitating the creation of more than a million meme coins. Tokens launched on Pump.fun often follow a fair launch model and can migrate to decentralized exchanges like Raydium once they hit certain market cap milestones.
The listing on Binance will introduce $PUMP to a broader audience, with trading pairs expected to include PUMP/USDT. However, the Seed Tag designation is noteworthy: Binance applies this label to early-stage projects that may lack a fully established product or user base, signaling higher volatility and investment risks. Traders interested in Seed Tag assets must complete a risk-awareness quiz every 90 days to access them, a measure aimed at promoting informed decision-making.
This announcement follows Binance.US’s listing of $PUMP on September 10, 2025, where deposits opened on the Solana network and PUMP/USDT trading commenced at 7 a.m. EDT. The U.S. arm’s move triggered an immediate surge in the token’s price, with $PUMP climbing over 22% in 24 hours to reach approximately $0.0056, boosting its market cap to nearly $2 billion and driving trading volumes to $443 million.
The momentum has been further fueled by Pump.fun’s ongoing token buyback program, which uses platform revenue to repurchase $PUMP, recently acquiring over 11,785 SOL (worth about $2.5 million) in a single day.
