PumpFun, a cryptocurrency project, has experienced a notable decline in token launches, with a drop from 71,738 tokens in January 2025 to 35,482 by mid-February 2025. This decline is attributed to various factors, including a shift in investor attention and reduced trading activity. Additionally, PumpFun has made significant deposits to the Kraken exchange, transferring 65,122 $SOL, valued at approximately $11 million, just hours ago. To date, PumpFun has deposited a total of 2,345,499 $SOL, worth around $473 million, and has sold 264,373 $SOL for approximately $41.64 million in USDC. The project has earned a total of 2.93 million $SOL, valued at about $515 million. The overall trading volume and fees generated from PumpFun have reportedly decreased by around 40% compared to earlier periods.