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PUMP Rallies on Buybacks and Binance.US Listing, Notching 20%–22% Daily Jump

Fee-funded repurchases helped ignite a surge in activity, with open interest near $759 million.

Overview

  • The Solana-based token traded around $0.0056–$0.006 after intraday gains of roughly 20%–22%, climbing about 40% over the week, according to market trackers.
  • Pump.fun executed a fresh $12.2 million buyback this week and has repurchased more than $84 million of PUMP since July, with single-day buys around $2.5 million reported.
  • Binance.US opened deposits on Sept. 9 and began PUMP/USDT trading on Sept. 10, while recent updates included a Bubblemaps integration and an MEXC “MEXC Mondays” listing program.
  • Trading volume expanded into the $187–$522 million range and market capitalization was cited near $2 billion across reports.
  • Derivatives interest increased as open interest approached $759 million, and analysts are watching resistance near $0.0068–$0.007 with some eyeing $0.01 on a breakout.