Onchain Trading Is a Social Sport: Pump.fun Strengthens Vision with Kolscan

In a strategic move to enhance its onchain toolset, Pump.fun announced the acquisition of Kolscan, a wallet tracker that monitors the real-time activity of top memecoin traders and KOLs. Kolscan provides live transaction data, token PnL, and a performance-based leaderboard.

Alon Cohen, founder of Pump.fun, outlined the motivation behind the acquisition on X, emphasizing a renewed focus on empowering genuine traders. “Our plan is to improve the reliability and speed of PnL, trades, and token data, and make the leaderboard reward real traders again, not just ‘KOLs,’” he said. "We also want to provide additional insights into copytrading activity and other datapoints that can shed light on a trader’s strategies."

Pump.fun Expands Social Trading Vision with Kolscan Integration

He added that one of their core beliefs is that onchain trading is a social sport, which is something done with friends, where traders naturally measure themselves against top performers. The team also noted that project success often hinges on who gets involved, when they enter, and how strongly they believe in it. For this reason, Pump.fun sees social insight tools and gamified trading experiences as vital to the growth of its ecosystem.

Looking ahead, Pump.fun is set to fully integrate Kolscan’s features into its platform. "We look forward to integrating Kolscan’s products, making them a core part of our push to building crypto’s social media platform that can scale to the billions,” the team added. "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 onchain trading landscape."

Kolscan Token Surges Amid Acquisition Rumors

Prior to the official announcement, speculation circulated across Crypto Twitter suggesting that Pump.fun had acquired Kolscan. Following confirmation of the news, the KOLSCAN token spiked sharply, reaching a peak market cap of $11 million, a staggering 3,600% increase. This surge was followed by mass exits and heavy selling. At the time of writing, the token is still up over 1,000%, trading at $0.00455 with a market cap of $39.8 million.

The KOLSCAN token launched in November 2024. In January 2025, Kolscan introduced its first token-gated feature, a Realtime Token Scanner that requires users to hold at least 100,000 tokens to access. The platform is known for publicly listing trader names, wallet addresses, and PnL on its leaderboard. Kolscan also invites high-performing traders with over $100,000 in PnL in recent months to verify their wallets by sending a direct message on X.