Pump.fun said on Oct. 24 it acquired multichain trading terminal Padre, pushing the Solana-born launchpad further into trading infrastructure. The company did not disclose terms. Coverage since Oct. 26 frames the deal as a move beyond pure memecoin launches into an integrated toolkit for execution and data.
Separately, the platform banned British streamer Sam Pepper after an Oct. 20 Diwali fireworks stunt injured a teenager during a live broadcast. Pump.fun’s co-founder confirmed the ban hours after the incident; Kick also removed Pepper. Reports this week detail the timeline and the immediate moderation response.
Regulatory pressure remains. Pump.fun restricted U.K. users in December 2024 after the FCA warned the platform lacked authorization. That backdrop continues to shape how the company presents product changes and content rules.
Broader coverage this month underscores reputational risks around livestream content and the memecoin economy built on Pump.fun, with European media documenting harmful stunts and calling out weak safeguards. Those reports keep scrutiny high as the firm pivots toward trading tools.
Padre jumps to No. 2 on Solana after Pump.fun acquisition
Padre rose to the second-largest trading bot on Solana by volume and market share after Pump.fun acquired the terminal. Dashboard figures show Padre passed Photon and GMGN, moving directly behind Axiom. The shift followed the Oct. 24 announcement and reflected swift changes in Solana’s bot rankings.
Since the deal, order flow concentrated on Padre’s rails, while rivals ceded share. As adoption broadened, Padre’s footprint expanded across active Solana pairs, reinforcing Pump.fun’s push beyond launches into execution tooling.
PUMP shows early recovery signs on the chart
PUMP is showing a potential trend shift as price begins to build a higher-low structure after weeks of compression. The chart reflects improving momentum, with buyers defending support and breaking through minor resistance levels. As a result, the market structure is tilting back toward the upside, hinting at renewed interest.
Additionally, the projected path on the chart illustrates a possible continuation toward the next resistance zone near the mid-$0.005 area. If volume continues to rise, bulls could attempt a move into the higher supply region highlighted in the setup. However, traders will still watch for confirmation before calling it a full reversal.
