PumpSwap Captures Solana DEX Market By 21%, Coldware Prepares to Dominate The Remaining 79%

In just under a week since its launch on the Solana (SOL) blockchain, PumpSwap has already surpassed $1 billion in trading volume, making waves in the decentralized exchange (DEX) market. The DEX, created by the Pump.fun team, has captured a solid 21% of Solana’s DEX market share. With $425 million in daily trades and 243,000 users, PumpSwap is quickly establishing itself as a major player in Solana’s ecosystem. 

PumpSwap’s success can largely be attributed to the recent meme coin boom. Token creation on the platform surged by 40%, with 34,000 tokens created on March 24th, up from the previous daily average of 24,000. The surge in token creation is a direct result of the low fees and seamless migration process offered by PumpSwap.

However, there are risks associated with this surge, as many of these coins lack intrinsic value and may collapse once the hype subsides. As the market matures, the growing interest in Solana-based tokens on PumpSwap could drive increased competition between platforms like PumpSwap and Coldware (COLD).

What Does This Mean for Solana and Coldware (COLD)?

While PumpSwap may have captured a significant portion of the Solana DEX market, there’s another rising star in the blockchain ecosystem—Coldware (COLD). The Coldware presale is gaining rapid momentum, and as Coldware (COLD) focuses on leveraging blockchain technology for IoT applications, it’s poised to dominate the remaining 79% of Solana’s DEX market.

Just as PumpSwap has disrupted the Solana DEX space, Coldware is set to redefine how blockchain can enhance IoT systems, with its unique approach to cross-chain interoperability. As Coldware (COLD) prepares to launch, its enterprise-focused blockchain solutions may attract even more traders, pushing Coldware to become a key competitor in the coming months.

The Rise of PumpSwap on Solana’s Blockchain

PumpSwap has seen exponential growth since its launch on March 20, 2025, and it’s clear why. The platform promises seamless token transitions, eliminating migration fees that were once a significant barrier for Solana-based tokens. Users can now move tokens without paying fees, resulting in faster transactions, better liquidity, and a more efficient trading experience.

Within just seven days, PumpSwap amassed over $1 billion in trading volume. This impressive feat demonstrates the demand for more efficient and user-friendly DEX platforms within the Solana network. The platform’s 24-hour trading volume reached $454 million, and it generated over $1 million in trading fees—solidifying its spot among top Solana-based exchanges.

While PumpSwap has claimed 21% of the DEX market, its entry into the ecosystem presents a direct challenge to Raydium, which holds the dominant share of 46.1%. PumpSwap aims to surpass Raydium and continue its aggressive expansion in the Solana space.

Looking Ahead: Coldware’s Strategy to Dominate the Solana DEX Market

As PumpSwap celebrates its early success, Coldware (COLD) is preparing to step up as the next major disruptor. With its strategic focus on IoT and enterprise applications, Coldware is more than just a regular crypto coin-focused platform. The Coldware presale is already attracting significant attention from blockchain innovators, and with Coldware’s unique interoperability features, it is poised to capture the attention of the Solana ecosystem.

While PumpSwap holds a promising 21% of the market, the future for Coldware (COLD) looks even brighter as it prepares to bring real-world applications to the Solana blockchain. By targeting enterprise use cases and cross-chain functionality, Coldware (COLD) could dominate the remaining 79% of Solana’s DEX market in the near future.

For more information on the Coldware (COLD) Presale: 

Visit Coldware (COLD)

Join and become a community member: 

https://t.me/coldwarenetwork

https://x.com/ColdwareNetwork

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