Launchpad has purchased a thriving multi-chain trading terminal. This partnership brings together Padre’s fast execution and Pump.fun’s user-friendly platform. PUMP rose more than 11% on the news.
On Friday, the crypto market remained moderately bullish, with momentum accelerating after President Trump pardoned Zhao Changpeng and JPMorgan introduced BTC and ETH collateral.
The global cryptocurrency market capitalization decreased by 0.8% time to $3.73 trillion.
While altcoins have shown mixed performance, Pump.fun’s native coin stole the show with an impressive jump.
PUMP rose from a low of $0.003757 on the daily chart to an intraday high of $0.004179, an increase of 11.23%.
The digital coin’s bullish momentum coincides with an optimistic announcement from Launchpad.
The Solana-based token generator has confirmed the acquisition of PadreApp, a thriving multi-chain trading terminal that supports Ethereum, Solana, Base, and BNB Chain.
The team at Pump.fun expressed their excitement about the acquisition, saying:
The Padre team is a great builder who has built cryptocurrencies over multiple cycles and has always put the user first. Our resources and unique position as the most dominant and innovative launchpad will enable Padre to unlock more advantages for traders than any of our competitors.
We are pleased to announce that Pump Fun has acquired @PadreApp
Padre is an industry-leading trading terminal that provides a seamless, fast trading experience with next-level analytics for professional traders on Solana, BNB Chain, Base, and Ethereum L1.
Read more 👇 pic.twitter.com/Oq3EPuGjTk
— Pump.Fan (@pumpdotfun) October 24, 2025
In particular, the Padre app has attracted attention for its fast trading performance, innovative analytics, and seamless user experience.
Such perks make this application a reliable tool for active traders, catering to experienced and new players.
Therefore, this acquisition will allow Pump.fun to gain more engagement and trading volume, which are essential elements in the competitive blockchain industry.
Understand PadreApp
PadreApp is a new entrant to the institutional trading sector.
Its innovation has attracted a loyal community.
Pump.fun highlights the application’s competitive fees, cashback system, high-end user experience, trader support, and advanced core technology.
Why a priest?
Even though Padre is one of the newest entrants to the professional trading scene, they are already one of the most popular tools.
– Best user experience
– Most attractive cashback and competitive fees
– The best dedicated support for traders
– Strongest core technology— Pump.Fan (@pumpdotfun) October 24, 2025
According to the Pump.fun team:
Padre is an industry-leading trading terminal that provides professional traders with a seamless, fast trading experience with next-level analytics.
PadreApp’s next goal
Pump.fun declared that Padre will continue to operate as usual, allowing individuals to buy and sell assets on all major DEXs and Launchpads on Ethereum L1, Base, BNB chains, and Solana.
Additionally, the application maintains super-fast delivery.
Meanwhile, users will experience a variety of changes including an enhanced user experience, expanded trading incentives, and increased speed and data for every coin launched on Pump.fun.
Most importantly, the PADRE token will be deprecated due to its lack of utility on the platform.
The changes aim to evolve Padre and make it a powerful tool for retailers and professional traders within Pump.fun’s expanding ecosystem.
Pumps soared 11%
Pump.fun’s native token showed a bullish bias amid an acquisition update.
After adjusting from its intraday high, it is trading at $0.004016.
The short-term outlook favors buyers, but a 13% decline in 24-hour trading volume suggests weakness.
Therefore, PUMP can wipe out gains, especially if selling pressure is overwhelming the market as a whole.
Technical indicators also point to a near-term rise in PUMP.
The first half moving average convergence divergence shows that a red histogram appears on the surface, indicating that buyers are running out.
Additionally, the RSI suggests weak momentum.
Nevertheless, if the overall market recovery is prolonged, PUMP will continue to rise.
