Pump.fun Expands Mobile App to Support Solana-Based and Cross-Chain Tokens

Pump.fun introduces support for Solana platforms Raydium and Meteora, as well as bridged assets like WBTC and WETH to enhance mobile trading functionality.

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Summary

Pump.fun has expanded its mobile app to support tokens from Solana platforms like Raydium and Meteora, as well as Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH) through the Wormhole protocol. The update aims to reduce trading friction and boost the utility of the app, contributing to a 8.4% increase in Pump.fun’s token (PUMP).

Terms & Concepts
  • Wormhole: A cross-chain protocol that enables the transfer of digital assets and data between different blockchains.
  • Raydium: A decentralized exchange and liquidity provider built on the Solana blockchain.
  • Wrapped Bitcoin (WBTC): A tokenized version of Bitcoin that runs on other blockchains, maintaining a 1:1 peg with Bitcoin.