StonkFun up 48% after integrating AAVE, AVAX - Can STONK reach $500M valuation?
StonkFun [STONK] is fast-tracking Pump.fun [PUMP] to becoming a dominant launchpad in the Solana [SOL] ecosystem. In the past 24 hours, the price of STONK rallied over 48%, pushing its weekly gains past 73%. This rally resulted in STONK making a new all-time (ATH) of $0.36 at the time of press. High activity on the StonkFun launchpad drove the tokens strength. Here are the details of how it unfolded. Why is STONK up today? StonkFun rallied to a new high due to increasing integration of major altcoins. Recently, the launchpad integrated Aave Protocol [AAVE], Avalanche [AVAX], and Near Protocol [NEAR] token launches. Developers can now launch tokens paired with AAVE, AVAX, and NEAR, among other altcoins. This move expands the platforms revenue generation. In that case, its cumulative revenue generation reached an ATH of $19.10 million, after the platform collected $1.10 million in the past 24 hours. The revenue is feeding into the buyback and burn program. Of this over $19 million in revenue, the program has used $11.38 million to buy back the tokens. Recently, the program has burned more than 10.95 million STONK tokens, worth $2.968 million, in the past 5 days. In total, buybacks and fees paid in STONK worth over $60 million have









