Solana's Pump.fun platform is experiencing explosive growth, with 1,658,266 total tokens launched in the past 30 days and 768,187 new token creators. Trading activity has surged dramatically, with weekly trades increasing from 26k to over 1.6m and reaching a peak of 29.2m trades within a 24-week period. The platform has also seen a massive 20x growth in weekly transaction volume from January to July 2024, with peak weekly transactions exceeding 20 million across create, buy, sell, and withdraw activities.