Key Takeaways:
- Pump.Fun transferred 13 billion PUMP tokens to Kraken exchange.
- The move was initiated to increase the token’s liquidity amid major exchange listings.
- Binance, Upbit, and Bithumb extended support for the PUMP token today.
Solana-based memecoin launchpad Pump.Fun has completed a major transaction before a wave of exchange listings. On Thursday, Pump.Fun transferred 13 billion of its native PUMP tokens, which were worth approximately $74.2 million, to Kraken. It was introduced as a means of bolstering liquidity pools on the platform, allowing trading to become more relaxed as the token continues to spread to more exchanges worldwide.
Binance Opens PUMP Trading With A Caution Label
Soon after the deposit, Binance stated that Pump.Fun’s PUMP was already listed on its market. The asset was released in two spot pairs, PUMP/USDT and PUMP/TRY, and the trading started at 12:30 UTC on September 11, 2025. As a way of motivating people to join, Binance didn’t charge any listing fee, but instead charged 0 BNB.
In advance of the live launch, tokens could be deposited half an hour before the start of trading. The withdrawals are to be made later in the day. Spot Algo Orders were also activated on the new pairs but it decided to postpone accessing Trading Bots and Spot Copy Trading facilities until 24 hours after launch.
With the arrival of the token was also a Seed Tag, a term that Binance applies to assets that are deemed early-stage or volatile. Such an identification is an indication to investors that the project is more of a risk or that it can be more susceptible to price fluctuations. Binance called on players to research and know the basics of the token before investing money.
PUMP Price Movement Amid Exchange Listing
The news was responded to swiftly in the market. PUMP, which had been performing little movement until August, surged by approximately 5% in a day of the Binance announcement. After the news came in, PUMP changed hands at 0.005639, translating to a 4.78% increase within 24 hours.
The growth took PUMP to a total market capitalization of slightly less than 2 billion. There was also an improvement in the trading volume as it shot up by 65.9% to hit $570.7 million. The activity rise was accompanied by an expansionary surge in the digital assets, with the overall crypto market value adding 2% to $3.96 trillion.
Pump.Fun’s Expansion Into South Korea
Outside Kraken and Binance, Pump.Fun also expanded into the busiest crypto place in Asia. On Thursday, South Korea’s most popular exchanges, Upbit and Bithumb, announced their support of PUMP.
Upbit also added pairs in USD and Korean won (KRW), providing international and local traders a direct entry in the token. Bithumb rolled out in the same way in minutes. The concomitant listings drove PUMP further into the Korean market, where investor presence has traditionally played a potent role in trading volumes and liquidity with emerging tokens.
The faster incorporation of PUMP into these platforms is likely to increase tighter bid-ask spreads and raise arbitrage opportunities in markets. Industry observers pointed out that the liquidity flows into the asset through Korean desks are already visible in early price action, and they strengthen the upward trend of the asset.
The listings were well received by the Pump.Fun community that referred to them as a decisive step in achieving a more liquid token environment. The project came under the spotlight of social media activity as traders pointed to the contribution of large deposits, such as the 13 billion transfer of PUMP to Kraken, in stabilizing order books.
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