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Altcoins & DeFi

Can THIS recent update, hike in network activity sustain PUMP’s price rally?

Image: AMBCrypto

Pump.fun's token, PUMP, gained traction recently after the platform introduced Pump Bridge as the default route for cross-chain trades, replacing Relay in its app. According to the reported figures, making Pump Bridge the default cross-chain route could reduce friction for users trading through Pump.fun. Pump.fun claims that its bridge delivers buys 2x faster, 92% fewer buy errors and better fills than Relay, based on a randomized test within its app. What's more intriguing, however, is that on-chain metrics are already reacting to the announcements by showing signs of greater participation. In fact, the network’s number of active addresses and the number of PUMP holders have both risen lately. So, can these improvements help sustain the token's price action?

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