Pump.fun drops 12% – Can PUMP recover amid $29.7M sandwich bot attacks?

Pump.fun [$PUMP] has corrected by 25.8% in the past nine days and has experienced a 12.68% decline in the past 24 hours as of writing. This decline came alongside a Bitcoin [BTC] price slide below $83k, but there were other factors affecting $PUMP token sentiment.

Pump.fun faces 6.57M sandwich bot attacks

Blockchain data provider Bitquery published data on the vast number of sandwich attacks on Solana [$SOL]. Between the 30th of October, 2025, and the 7th of October, 2026, they counted 6.85 million sandwich attacks made by 2,545 bot wallets against 2,154,994 different wallets.

Notably, 96% of the detected attacks were on the Pump.fun platform, where most new Solana memecoins start trading. The bots took 309,010 $SOL, 39% of which was from other rival bots. The $29.8 million estimate was computed using the $SOL price at the minute of the attack and does not measure net profit (since some attacks lose money after costs).

The findings likely damaged user trust and could have a bigger impact on $PUMP token prices in the future.

$PUMP remains inside a steady uptrend

$PUMP has been trending higher in recent weeks, starting in early August when the $0.00225 swing high was breached. The A/D indicator has been steadily rising since the second half of August.

The CMF also had a couple of weeks where the indicator’s values were consistently around +0.20 to signal heavy capital inflows. This demand helped the altcoin rally to $0.0054 and $0.0068.

The retracement in the past nine days was within this uptrend. The golden pocket between $0.0041 and $0.0047 could be a buying opportunity for swing traders and investors.

Final Summary

• Sandwich attacks on Solana measured over 11 months found $29.7 million in $SOL extracted over 6.85 million sandwich attacks, 96% of which occurred on the Pump.fun platform.
• The $PUMP token price was in a retracement over the past two weeks alongside the broader market selling pressure.