Pump.fun adds support for competing tokens in push to become all-in-one app

Solana-based memecoin launchpad Pump.fun (PUMP) has begun supporting competing cryptocurrencies such as Raydium (RAY) and Meteora (MET), along with wrapped assets like wBTC, The Block reported. The move is part of a strategy to prevent user churn and increase engagement time, signaling a plan to evolve from a memecoin-focused platform into an all-in-one trading app. Pump.fun has recently been expanding its business related to its proprietary decentralized exchange (DEX), PumpSwap.