Pump.fun, a memecoin launchpad built on the Solana blockchain, announced on Thursday the acquisition of Kolscan, a tool that specializes in wallet tracking. This strategic move is anticipated to significantly alter the on-chain trading landscape, according to the company’s statement.
This acquisition arrives just days before Pump.fun’s highly awaited public token sale set for July 12. The initial coin offering (ICO) is projected to raise as much as $600 million, amounting to 15% of the total token supply.
The combination of Kolscan’s advanced analytics capabilities with Pump.fun’s social trading features is expected to enhance the user experience, yielding improved products. The integration is also poised to boost transparency, copy-trading options, and wallet tracking, further invigorating the platform’s memecoin launchpad capabilities.
“We believe that products that provide social insights/tools and gamify the trading experience are key to growing our ecosystem,” remarked Alon Cohen, co-founder of Pump.fun, in a recent post.
On-chain Trading is a ‘Social Sport’: Alon Cohen
Cohen emphasized that this acquisition is in line with Pump.fun’s philosophy that trading should be viewed as 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
“You engage in trading with friends and evaluate your performance against top peers,” he elaborated. “Additionally, the success of your chosen projects often hinges on the profile of involved investors, the timing of their entry, and their level of conviction.”
Moreover, Cohen announced that all Kolscan services will be available at no cost as part of the integration. He highlighted that the platform has already attracted “tens of thousands” of users prior to the acquisition announcement.
“We are excited to integrate Kolscan’s offerings, making them a fundamental component of our goal to develop a social media platform for the crypto space that can scale to hundreds of millions of users.”
Coinbase Lists $PUMP Ahead of ICO
In related developments, Coinbase has initiated pre-market trading for the $PUMP token as the launchpad gears up for its official public sale. This feature allows traders to engage in perpetual futures trading on tokens yet to be 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 projected tokenomics, the forthcoming ICO will make 33% of the overall 3 trillion token supply available, with retail investors being granted access to 15% of that total at a price point of $0.004 per token.
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