Pump.fun Acquires Kolscan to Add Social Trading Tools

Memecoin platform Pump.fun announced it acquired Kolscan, a Solana wallet tracker that monitors top traders' performance. The deal represents Pump.fun's first acquisition as the company prepares for its July 12, 2025 initial coin offering (ICO).

Kolscan tracks real-time profit and loss data for on-chain traders and ranks their performance on public leaderboards. The platform, named after “key opinion leaders,” had attracted tens of thousands of users before the acquisition. It provides live transaction feeds, wallet-level tracking, and copy-trading data for users who want to follow successful traders.

Pump.fun plans to integrate Kolscan's analytics directly into its platform and offer all services at no cost. The company will focus on improving data speed and reliability while adding new gaming elements to trading activities.

Co-founder Alon Cohen said on X that the integration will create “totally new experiences that will change the entire onchain trading landscape.” The team plans to adjust leaderboards to “reward real traders again, not just ‘KOLs'” and provide deeper analytics on copy-trading patterns.

Pump.fun's ICO aims to raise $1 billion at a $4 billion valuation. The platform launched in January 2024, founded by Noah Tweedale, Alon Cohen, and Dylan Kerler. It allows users to create and immediately trade tokens on Solana without coding knowledge.

Related: Pump․fun’s Upcoming Token Could Break into the Top 50 Cryptos

The platform generated millions in daily revenue at its peak and saw renewed activity in early 2025 during the recent memecoin surge. Pump.fun recently restarted its livestreaming feature after pausing it due to content moderation issues.

Cohen described on-chain trading as a “social sport” where participants trade with friends and compare strategies. He said Kolscan will become part of building “crypto's social media platform that can scale to the billions.”

This acquisition adds social trading tools to Pump.fun's ecosystem ahead of its public offering. The company stated that products providing social insights and gaming features are key to growing their user base.

Pump.fun earned revenue through transaction fees on token creation and trading. The platform's simple interface attracted users who previously couldn't participate in token launches due to technical barriers.