Pump.fun Acquires Kolscan Hints Web3 Maturing Through Mergers

Pump.fun Acquires Kolscan: A Merger That Could Redefine Web3 Platforms

Web3 is no longer just a wild playground for early crypto users, memecoin gamblers, or NFT collectors. It’s growing up—and growing smarter. One of the biggest signs of this maturity came recently when Pump.fun, a memecoin creation platform, made its first-ever acquisition by buying Kolscan, a wallet-tracking analytics tool.

Source: X

While this might seem like just another business deal in the crypto world, it actually points to something bigger: Web3 is maturing through consolidation. That means platforms are no longer trying to do everything separately. Instead, they’re combining strengths, features, and users into one powerful ecosystem.

Let’s explore why Pump.fun’s move matters—and how it’s helping Web3 move from chaos to coordination.

What Is Pump.fun and Why It’s Important in Web3?

Pump.fun became famous for making it super easy for anyone—yes, even people without coding skills—to create their own crypto tokens. Most of these tokens are memecoins, which are based on jokes, internet trends, or even animals, and usually don’t have much use beyond speculation and fun trading.

Despite that, the idea caught on like wildfire.

At its peak in January 2025, Pump.fun was making millions of dollars a day around $7.07 Million, according to DeFiLlama. That’s because it gave users fast, simple tools to create and launch tokens without needing any deep blockchain knowledge.

Source: DefiLlama

But like all trends, competition came fast. A newer platform, LetsBonk, launched in late april started stealing market share from Pump.fun. The launchpad generated revenue of $114.72 Million to date. Apart from the competition, Pump.fun’s credibility has taken a major hit following multiple controversies. 

In November 2024, its livestream was shut down due to severe misuse. Several token launches, including the infamous Libra coin—falsely linked to Argentina’s President—were exposed as scams. The suspension of its founder’s X account and a hack on the main profile in June further eroded investor and creator trust, damaging its market position.    

From all these controversies, it was clear Pump.fun had to do something bold to keep growing and to regain investors' trust—and that’s when they bought Kolscan.

What Is Kolscan?

Kolscan is a powerful tool for tracking wallet activity on the blockchain. The name “Kolscan” comes from “KOL”—short for Key Opinion Leader—a term used in crypto to describe influencers or top traders who move markets.

Here’s what Kolscan does:

• Tracks the trades of top onchain wallets
  

• Shows real-time gains and losses
  

• Provides a leaderboard ranking the most successful wallets
  

• Offers insights into what strategies top wallets are using
  

It’s like giving crypto users a live scoreboard of who’s winning in the trading game.

Why This Merger Is a Big Deal for Web3

In traditional tech (Web2), big companies like Google, Meta, and Amazon didn’t become giants by building everything from scratch. They acquired smaller companies to improve their products, reach more users, and offer better experiences.

That’s exactly what’s starting to happen in Web3.

Pump.fun buying Kolscan is a clear example of Web3 consolidation—one platform buying another to combine features, tools, and users under one roof. And this kind of strategic growth means Web3 is no longer just experimental—it’s becoming more structured and professional.

Web3 is Making Crypto More Social and Fun

Pump.fun co-founder Alon Cohen said on X (formerly Twitter) that he sees onchain trading as a “social sport.” That means people aren’t just investing in coins—they’re trading with friends, following top wallets, and comparing gains like a game.

Source: X

This view fits perfectly with Kolscan’s tools:

• Users can now track, follow, and even copy top traders
  

• Leaderboards make it feel like a competitive game
  

• Social features like livestreaming and community rewards bring people together

It’s turning crypto trading into something fun, engaging, and social—just like gaming.

Earlier, Pump.fun had tried livestreaming features, but had to pause them due to misuse. In April 2025, they brought it back for some users with better moderation—showing they’re learning, adapting, and thinking long-term.

From Memecoins to Meaningful Tools

Pump.fun started with memecoins, but this acquisition proves it’s not just a joke platform anymore.

With Kolscan now part of its ecosystem, Pump.fun users will get:

• Better real-time data on token performance
  

• More reliable trade and profit/loss tracking
  

• Leaderboards that reward real, skilled traders—not just influencers
  

• Advanced tools for copytrading and analyzing wallet strategies
  

This changes Pump.fun from a fun meme platform into a serious crypto toolset, helping beginners and pros alike.

Bridging the Gap Between Web2 and Web3

In Web2, finance apps like Robinhood and eToro became popular by combining simple design, trading tools, and social features. You could trade, follow friends, watch market trends, and learn—all in one app. Pump.fun is now doing the Web3 version of this. Instead of just letting users create tokens, it’s now giving them Social feeds (livestreams, leaderboards), Onchain insights (real-time trades, wallet stats), and Gamified tools (rankings, competitions, copytrading).

This helps bridge the gap between Web2 and Web3, giving users a familiar but decentralized experience—one that feels modern, interactive, and scalable.

What’s Next for Pump.fun? 

Pump.fun is entering a bold new phase after announcing its $1 billion ICO and acquiring Kolscan. What’s next? The team aims to transform from a meme-driven token platform into a full-scale Web3 ecosystem. Kolscan will now be free for all users, with major upgrades planned—like faster token data, smarter copytrading analytics, and real-time trading insights. 

They’re also cleaning up leaderboards by removing fake influencers and preparing to build a next-gen crypto social media platform. This isn’t just about fun anymore—it’s a serious move to dominate the data, social, and trading layers of Web3. Pump.fun is evolving into a scalable, gamified, and connected ecosystem built for the next billion users.

Final Thoughts

Pump.fun’s acquisition of Kolscan signals a key shift in Web3’s evolution, highlighting its move toward maturity. Like Web2, Web3 is now growing through smart consolidation—adding features, enhancing social experiences, and enabling smarter trading. This marks a transition from hype to substance, with stronger products, tighter communities, and more user-friendly platforms leading the way.