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According to The Block, the 7-day average graduation rate of Pump.fun token has dropped to 0.26%, a decrease of 80% within three months. Pump.fun's average daily revenue in June was about $800000, lower than $4.8 million six months ago, and the Pump token has fallen by 40% in the past six months. The decline of Pump.fun has affected the Solana network, with a daily average cost of 5300 SOLs in June, lower than the 33000 SOLs in January.