Solana memecoin launchpad and one of Solana’s largest consumer crypto applications Pump.fun, has officially expanded beyond the Solana ecosystem. The platform now supports trading on Ethereum, Base, BNB Chain, and other EVM-compatible networks.
The update represents one of the most significant strategic shifts in the platform’s history. Until now, Pump.fun operated primarily as a Solana-native memecoin launchpad and trading venue. Its rapid growth helped fuel Solana’s memecoin economy throughout 2024 and 2025. With the latest release, users can trade assets across multiple chains while continuing to use $SOL as their trading currency. Pump.fun says users will not need to bridge assets or hold native gas tokens for supported EVM networks.
In its announcement post, Pump.fun described the update as “frictionless multichain trading.”
The platform outlined several new features, including a single wallet that trades across multiple chains, no requirement for manual bridging, no need to hold native gas assets like $ETH or $BNB, sponsored gas fees, and automatic multichain wallet generation for users.
The application framed the expansion as an effort to simplify access to opportunities across multiple ecosystems while maintaining a unified user experience.
Shortly after the announcement, Pump.fun co-founder Alon commented on the launch. He described the expansion as “another step towards making the pump fun app the greatest place to trench on the go!”
Mixed Reaction from Community
Community reaction to the announcement quickly spread across crypto social media. Some users responded positively, especially because the feature removes several common pain points associated with cross-chain trading. One trader wrote, “I can’t believe I’m saying this, but good update.”
Crypto analyst @jussy_world described the feature as “cool,” particularly because users can buy Ethereum-based memecoins using $SOL.
However, the analyst also expressed skepticism about the long-term business impact of multichain expansion. He argued that other crypto products that expanded beyond Solana still derived most of their revenue from Solana activity. Referencing Phantom Wallet as an example, he stated, “96% of all revenue still comes from Solana and only 4% other chains.”
Other users compared the update to the growing popularity of Fomo, a social trading platform focused on simplifying token discovery and cross-chain trading. Several reactions directly referenced that comparison. One social media user said, “Just like the $USDC option, this is 100% because of the FOMO app.”
Another post read: “pump fun is the new fomo app.”
The comparison reflects a broader trend in crypto product design. Applications increasingly compete on simplicity, social discovery, and ease of execution rather than purely on blockchain loyalty.
The comparisons to Fomo did not emerge randomly. Fomo has gained attention by making token trading across Solana, Base, and BNB Chain feel more like a social application than a traditional crypto interface. Users can follow traders, monitor purchases in real time, and buy trending assets quickly through simplified payment methods. The application aims to reduce many of crypto’s traditional barriers, including wallet setup complexity, bridging friction, and gas management.
Pump.fun’s latest update appears to move in a similar direction. By allowing users to trade across chains without manually bridging funds or acquiring native gas tokens, Pump.fun removes several technical steps that often discourage casual participants. The platform’s decision to sponsor gas fees further reinforces this shift toward abstraction and convenience.
A Debate Around Solana’s Long-Term Value
While some traders welcomed the update, others questioned what the move means for Solana itself. Popular trader and analyst CryptoKaleo asked, “What is the primary bull case for Solana now with pump fun opening the doors to EVM chains & USDC?”
The question reflects a broader debate that has intensified in recent weeks. Earlier this month, Pump.fun announced plans to introduce $USDC pairings for newly launched tokens. Previously, the platform heavily relied on $SOL-based liquidity pools.
Critics of the new $USDC pairing model argued that shifting away from $SOL-based liquidity could weaken one of the ecosystem’s strongest structural demand drivers. The multichain expansion has now added another layer to that discussion. Some traders believe Pump.fun is increasingly positioning itself as a chain-agnostic trading platform rather than as a product deeply tied to Solana’s long-term success.
Others argue that the move could ultimately strengthen Solana by expanding the reach and influence of one of its largest applications. The debate eventually drew responses from larger industry figures. Solana co-founder Anatoly Yakovenko had previously pushed back against claims that Pump.fun’s optional $USDC pairings were “extremely bearish” for Solana. Responding to criticism on social media, Yakovenko argued that using $SOL as a currency is “generally net zero” because the asset is bought, spent, and eventually sold.
He also challenged the idea that liquidity pools permanently remove meaningful amounts of $SOL from circulation. He added that at scale, the denomination of liquidity matters less than the depth and activity of the ecosystem itself, whether liquidity is held in $USDC, $BTC, or $SOL
After users questioned Solana’s long-term value proposition, Zach Pandl, Grayscale’s Head of Research, replied, “Solana is the leading high-performance blockchain.”
That argument continues to represent one of Solana’s core narratives. Even as applications expand across chains, supporters maintain that Solana still offers advantages in transaction throughput, execution speed, and retail trading activity.
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