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On Thursday, Pump.fun, a memecoin launchpad built on Solana, revealed its inaugural acquisition of the wallet tracking tool Kolscan. The memecoin generator stated that this integration would “transform the entire on-chain trading landscape.”
This acquisition occurs just days before Pump.fun’s highly awaited public token sale, set for July 12. Earlier this week, the company announced that the ICO aims to raise as much as $600 million in funding, representing 15% of the total token supply.
The merger will integrate Kolscan’s analytics with Pump.fun’s social trading features to “create improved products” for users. Additionally, this integration enhances transparency, copy-trading, and wallet tracking, thereby enriching its memecoin launchpad experience.
“We believe that products offering social insights/tools and gamifying the trading experience are essential for expanding our ecosystem,” co-founder Alon Cohen stated in a separate message.
On-chain Trading is a ‘Social Sport’: Alon Cohen
Cohen emphasized that this initiative is in line with Pump.fun’s belief that trading is a “social sport.”
one of our core beliefs is that onchain trading is a social sport
you do it with your friends and compare yourself to the best
more importantly, the success of the projects you invest in are often determined by the kinds of people that are involved, when they got in, how much… https://t.co/Ji5z8Vkuxu— alon (@a1lon9) July 10, 2025
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“You engage with your friends and measure yourself against the top performers,” he continued. “More crucially, the success of the projects you invest in is frequently influenced by the types of individuals involved, their entry timing, and their level of conviction, among other factors.”
Furthermore, as part of the integration, Cohen mentioned that all Kolscan services will be provided at no cost. The platform has already attracted “tens of thousands” of users prior to the acquisition announcement.
“We are eager to incorporate Kolscan’s offerings, making them a fundamental aspect of our initiative to develop a social media platform for crypto that can scale to billions.”
Coinbase Lists $PUMP Ahead of ICO
In the meantime, Coinbase has announced the commencement of $PUMP pre-market trading as the launchpad gears up for the official public sale of its native token. This enables traders to participate in perpetual futures on tokens that have not yet launched, prior to their spot listings.
We will add support for @pumpdotfun $PUMP pre-launch market on Coinbase International Exchange and Coinbase Advanced. The opening of our PUMP-PERP pre-launch market will begin on or after 8pm UTC on 10 July 2025. pic.twitter.com/5onC5EiMhk
— Coinbase International Exchange
(@CoinbaseIntExch) July 10, 2025
According to the tokenomics, the forthcoming ICO will make 33% of the total 3 trillion token supply available, with retail investors able to access 15% of that supply at a price of $0.004 per token.
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