SunPump’s Zero Fees Lead to Surge in Meme Coin Projects

SunPump, a Tron (TRX)-based meme coin launchpad, is experiencing a significant surge in activity, with over 100 tokens created in a single day for the first time in four months. 

This impressive growth follows the platform’s latest move to waive transaction fees for six months, which has driven a wave of new projects and fueled the meme coin boom.

SunPump Sees Surge in Meme Coin Activity 

According to data shared by Onchain Lens on X (formerly Twitter), over 220 new meme coins were created on SunPump on March 18.

“So far, 95,573 tokens have been launched, generating 36,374,191 TRX in fees, worth $5.74 million. The meme frenzy on TRONDAO is heating up, the post read.

The momentum continued the following day, with the number rising to 313. This rise in token creation marked a strong rebound for the Tron-based launchpad, which had experienced a sharp decline in activity since peaking in August 2024.

Notably, Tron founder Justin Sun is actively driving renewed interest in SunPump by promoting the platform across social media. In a series of posts, Sun urged users to leverage Tron for meme coin trading, highlighting the network’s affordable infrastructure and the newly introduced zero-fee model.

Announced today, the initiative eliminates all transaction fees for trading on SunPump until September 2025. Additionally, the platform will fully cover energy costs with no limits.

The move aligns with Sun’s broader vision to position Tron as a leading force in the meme coin market, competing directly with platforms like Solana’s (SOL) Pump.fun.

“Every meme will be back on Tron,” he posted.

The latest move has also sent the SunPump meme coins soaring. The total ecosystem market cap jumped 21.3% in the past 24 hours to $85.1 million. Trading volume has also surged 67.4%, reflecting a spike in investor interest.

Furthermore, most of the top 10 tokens in the ecosystem have posted substantial gains over the past day. SunWukong (SUNWUKONG) and FoFar (FOFAR) led the rally, both recording triple-digit percentage gains.

Beyond SunPump, Tron itself is experiencing heightened market activity. According to LunarCrush, its social dominance climbed to 1.05%, making Tron one of the most discussed topics in the crypto space. Moreover, the network now holds the No. 1 AltRank™ on the analytics platform.

That’s not all. The excitement has also spilled over to TRX, with its price rising 5.7% over the past day. At press time, the altcoin traded at $0.24.