Just days ahead of its PUMP token Initial Coin Offering (ICO) public sale, Pump.fun, the Solana-based memecoin launchpad, made its first-ever acquisition. The company notified its community via a recent post on X (formerly Twitter) that it has acquired the on-chain wallet tracking tool Kolscan.
we’re excited to announce that pump fun has acquired @kolscan
Kolscan is a wallet tracker that monitors the activities of top onchain traders. it provides realtime transactions, token PnL, and a leaderboard ranking their performance
our integration will not only enable better… pic.twitter.com/V4VDcOwVeG
— pump.fun (@pumpdotfun) July 10, 2025
Kolscan goes beyond a wallet tracking tool. It delivers PnL calculations and a leaderboard system while offering premium features for high-volume participants. Pump.fun’s co-founder, Alon Cohen, claims Kolscan has been developed and managed single-handedly by X user, Boris.
Pump.fun Acquires Kolscan
Pump.fun claims the recent acquisition was driven by a desire to strengthen transparency, social trading features, and data-driven insights. The firm believes integrating Kolscan’s real-time wallet tracking, profit-and-loss metrics, and trader leaderboard into its platform will improve its efficiency. Regarding the initiative, it said:
“Our integration will not only enable better products for both Kolscan and pump fun users, but allow for totally new experiences that will change the entire on-chain trading landscape.”
Co-founder Alon Cohen emphasized that the acquisition aligns with Pump.fun’s belief that “on-chain trading is a social sport.” Notably, Cohen claims the integration will allow users to track and trade alongside peers while competing with top traders. He believes the enhanced offering will introduce gamification, copy-trading options, and faster, more reliable data.
Acquisition Amid ICO Plans
The acquisition move arrives ahead of Pump.fun’s much-anticipated public sale of its native PUMP token, which is scheduled to launch on July 12. Notably, there have been negative sentiments surrounding the token launch. Venture veteran, Jocy Lin, believes it’s an exit liquidity move aimed more at pocketing gains for the team than delivering utility to the community.
Nonetheless, Kolscan’s recent acquisition initiative says otherwise. Given the impeccable timing, the move hints at being a calculated strategy aimed at enriching the utility and appeal of its to-be-launched native asset, PUMP.
The token has already generated significant momentum in the derivatives market, despite not yet launching officially. According to data from Coinglass, its pre-market perpetual contracts have amassed roughly $346 million in trading volume and $121 million in open interest. At press time, it traded around $0.0044, after hitting a 30% premium over the presale price.
