PUMP rose 10% over 24 hours as increased launch activity on Pump.fun, greater platform usage and capital flows into memecoins supported the recovery. Network trading volume climbed 8.89% to $179.28 million, while Pump.fun revenue reached $761,000 and active addresses rose to 86,000, according to data from Santiment and DefiLlama. The Altcoin Season Index stood at 49, indicating stronger risk appetite across crypto markets. PUMP is testing the $0.005 local swing high after moving above its key exponential moving averages (EMAs), which could support further gains if resistance breaks. A rejection could instead prompt short-term profit-taking after the 10% advance.