On Friday, the cryptocurrency market maintained slight optimism: the industry’s capitalization grew by 0.8%, reaching $3.73 trillion. The news background was fueled by two events at once: Donald Trump pardoned former Binance CEO Changpeng Zhao, and JPMorgan announced the launch of a collateral system in BTC and ETH.
Amid mixed movements of altcoins, the focus was on the PUMP token from the Pump.fun platform. The coin surged sharply: from a daily low of $0.003757 to $0.004179 — that’s +11.23% in 24 hours.
The growth coincided with positive news from the Launchpad itself. The Pump.fun team confirmed that it acquired PadreApp — a promising multichain terminal supporting Ethereum, Solana, Base and BNB Chain.
The team’s statement says:
‘The Padre team are strong developers who have been building in crypto for more than one cycle and always put users first. With our capabilities and leadership as the most innovative Launchpad, we are confident that Padre will give traders more advantages than anyone else.’
Special attention should be paid to PadreApp itself — the platform is praised for its high order execution speed, advanced analytics, and user-friendly interface.
Such advantages make it a reliable tool for both experienced traders and beginners.
The acquisition strengthens Pump.fun’s position in the battle for user attention and trading activity growth, key factors amid rising competition in the blockchain industry.
What is PadreApp
PadreApp is a new player in the institutional crypto trading segment, which has already managed to build a loyal community thanks to its unconventional approach and technological edge.
The Pump.fun team highlights the platform’s key advantages: competitive fees, cashback system, thoughtful interface, trader support, and advanced architecture.
According to the developers:
‘Padre is a top trading terminal that offers a fast, seamless experience and next-level analytics designed for professional traders.’
What will happen to PadreApp
Pump.fun stated that Padre will continue to operate as usual — users will still be able to trade assets on leading DEX and Launchpad platforms in the Ethereum L1, Base, BNB Chain and Solana networks.
The app will retain its characteristic high transaction execution speed.
At the same time, users can expect important changes: an updated interface for all tokens launched via Pump.fun, enhanced trading bonuses, improved performance, and access to more accurate data.
See also: Activity on the Base network grew by 22.5%, but only Bitcoin Hyper combines Solana’s speed and Bitcoin’s reliability
The main innovation is that the PADRE token will be disabled, as it no longer serves a purpose within the platform.
All these steps are aimed at turning Padre into a powerful tool for both retail and professional traders. Now within the expanding Pump.fun ecosystem.
PUMP soared by 11%, but the rally is in question
Amid news of the PadreApp acquisition, the PUMP token continued to rise and showed a confident upward impulse.
After reaching an intraday high, the price corrected to $0.004016.
Despite the dominance of buyers in the short term, a 13% drop in trading volume over the day suggests possible weakness in the movement.
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Against this backdrop, it cannot be ruled out that the growth may be temporary, especially if selling pressure in the market increases.
Technical indicators also point to waning momentum: MACD histograms on the hourly timeframe have started turning red, and RSI signals weak momentum.
Nevertheless, if the overall market continues to recover, PUMP still has a chance to continue the rally.
