PUMP moved higher on Thursday as traders focused on signs that Pump.fun could expand beyond the Solana ecosystem. At press time, the token was trading at $0.00206, up roughly 4% over the past 24 hours. During the last seven days, it traded between $0.001848 and $0.002108, keeping price close to the upper end of its recent range.
The token is also up about 9% over the past month as buyers try to rebuild momentum after earlier weakness. Even with that recovery attempt, PUMP remains around 78% below its all-time high from September 2025. Trading activity has accelerated with the move. Spot volume over the last 24 hours reached about $111.1 million, a 32.4% increase from the previous day.
Signs outside Solana are fueling the latest round of interest
A large part of the recent attention comes from speculation that Pump.fun may be preparing to operate beyond Solana. Observers said the platform recently registered a number of new subdomains tied to other networks, including Ethereum, BNB Chain, Base, and Monad. Traders often read that kind of setup as early infrastructure work ahead of launching services on additional chains.
Another detail added to the discussion. The project’s official social media profile removed its “Solana” location tag, which pushed the market to consider the possibility of a broader rollout. The team has not announced a full multi-chain expansion, but the combination of domain activity and profile changes has been enough to keep speculation active.
Pump.fun’s partnership with MoonPay added another layer. Through that integration, users can fund Pump.fun accounts with assets held on other blockchains, including Bitcoin, Polygon, and Arbitrum. MoonPay handles the conversion and routing process in the background, while Pump.fun itself continues to operate on Solana.
Because there is still no official confirmation of a full expansion, current enthusiasm is tied more to expectations than to a completed product rollout. If the platform eventually opens meme coin creation and trading across more networks, it could tap into deeper liquidity pools. The report also noted that platform revenue has previously been used for PUMP buybacks, token burns, and ecosystem development. Critics, however, argue that a multi-chain setup could split liquidity and make listed meme coins more volatile.
Derivatives metrics show traders are adding exposure
The move in price has been matched by stronger derivatives activity. CoinGlass data shows PUMP futures volume climbed 29% to $242 million, while open interest rose 3.52% to $177 million. When those two figures increase together, the usual reading is that traders are opening new positions rather than simply closing old ones.
That structure suggests participation is building, not fading. For a token still trying to recover from lower levels, this kind of positioning can lead to larger swings once price chooses a direction.
Bollinger Bands are tightening around a key support area
On the chart, PUMP appears to be entering a volatility squeeze. After a period of consolidation, the Bollinger Bands have started to contract, a sign that market volatility has cooled. That setup often comes before a sharp move once price escapes the range. Several recent candles formed near the $0.002 support area, showing buyers have been active on pullbacks into that zone.
Momentum readings have improved as well. The relative strength index has climbed back toward the 50 midpoint, indicating earlier selling pressure has eased. On shorter timeframes, the token has also started to print higher lows, a pattern traders often watch for when a weak market begins to stabilize.
The next area getting attention sits around $0.0022 to $0.0023, which broadly lines up with the upper Bollinger Band. A move above that range could be read as confirmation of a volatility breakout. If price fails there, PUMP may continue moving sideways near $0.002 while the market waits for a clearer signal.