Pump.fun Initiates Three-Year Vesting with $86 Million Token Release

On-chain data confirms that the tokens were moved from two primary addresses on July 15. The larger of these sources transferred 52.039 billion PUMP, while the second released 5.24 billion. This volume represents roughly 14% of the current circulating supply, which stands at approximately 400 billion tokens. Despite the significant influx of newly transferable assets, the market remained resilient, with the token price hovering near $0.0016 and maintaining a double-digit 24-hour gain.

While the transfer makes the tokens available, it does not confirm an immediate intention to sell. The project’s original allocation plan designated 20% of the total supply for the team and 13% for investors, with the current event serving as the transition into a gradual release phase. Because vesting schedules typically distribute tokens in stages, market participants are monitoring exchange inflows and wallet activity for signs of potential selling pressure. The discrepancy between earlier projections of an 82.5 billion PUMP unlock and the actual 57.279 billion moved highlights the difference between eligibility for release and actual on-chain execution, suggesting further distributions may occur over the coming months.