Pump.fun Rival Zora Rallies Over 30% Following Robinhood Listing

Paul
4 hours ago Updated 3 hours ago
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Robinhood logo surrounded by digital tokens symbolizing Zora’s listing momentum.

Highlights

  • Zora surges following its listing among other cryptocurrencies listed Robinhood, boosting its competitiveness over Pump.fun.
  • Coinbase provides support for Zora and this gives it an additional institutional edge.
  • Base network contributes to the growth of Zora, making it one of the leading DeFi platforms.

Zora, Coinbase-based creator economy platform, has been listed on Robinhood. This also highlights its increased advantage compared to Pump.fun in terms of its institutional integration and the incentives it offers to creators.

Zora Gains Additional institutional advantage After Robinhood Listing

The listing was confirmed by Robinhood via X. The announcement coincided with an over 35% rise in the price of its native token (ZORA). According to CoinMarketCap data, the token increased to $0.0768, indicating the increasing interest of investors in creator-driven tokens.

The Robinhood listing further supports Zora beyond decentralization circles. It may be the next stage of development for the platform. The Web3 creator token could now be sold directly to big retail clients. This is similar to how Toncoin’s listing on Robinhood expanded access to mainstream traders.

With its expansion on Coinbase and Robinhood, Zora connects regulated finance with the decentralized creator economy. Following the integration on Robinhood, Zora can now have access to millions of retail users.

Zora is built on Coinbase’s Base Layer 2 and allows creators to mint, trade, and monetize digital tokens tied to posts or profiles. The project has now surpassed 1.5 million creator tokens and processed more than $420 million in trading volume.

As a creator-economy blockchain platform, Zora is often described as a rival to Pump.fun. With its integration into the Coinbase ecosystem, it has an institutional advantage lacking in Pump.fun.

Zora Reinforces Focus as a Creator-First Alternative to Pump.fun

In contrast to Pump.fun which focuses on speculative meme tokens, Zora gives priority to empowering creators, encouraging them to create tokens with sustainable value. The creators are entitled to half of the trading charges of 1%. By comparison, Pump. fun keeps its own fees so as to purchase more PUMP tokens.

The Base network by Coinbase has also increased the visibility of Zora. This aligns with broader regulatory developments. The SEC permits Coinbase to become qualified custodians for digital assets

The new Base App rebrand incorporated the tokenization system of Zora. Dune figures indicate that the daily token distributions have increased twice. This has placed this platform as a main support structure of social-DeFi creation.

The DEX at Coinbase now supports trading of Base tokens, several of which were developed through Zora. This provides liquidity options that is not available on Pump.fun.

Even though Pump.fun is still larger in terms of revenue, the institutional incorporation for Zora offers it strong long-term prospects. Zora is no longer a niche platform. It has become an innovative content ecosystem that rewards creativity.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.