Ethereum now has its own native platform — Ethervista — where people can create and launch memecoins in the same vein as the Solana-based memecoin deployer, Pump.fun.
Ethervista is a decentralized exchange (DEX) that introduces a new approach to liquidity management and token launches on the Ethereum network. One of its key features is the 5-day liquidity lockup for creators, which helps prevent fund withdrawals that often occur within the first four days of a project’s launch on platforms like Pump.fun.
Ethervista said its goal is to promote the long-term success of a project by rewarding creators with liquidity and protocol fees that increase as trading volume increases. This model benefits both users and creators, making long-term commitments more profitable than quick sales or liquidity withdrawals.
VISTA Surge
Over the past 24 hours, Ethervista has gained popularity within the community. The platform has consumed over 150 ETH in gas fees, and its first token, VISTA, has seen a rapid increase in value.
VISTA is a deflationary token with a supply cap of 1 million. Ethervista stated that the token has an automatic buyback and burn mechanism, which reduces the overall supply and potentially increases the value of the token. The project has already burned over 2.17% of its total supply.
Blockchain analytics platform Arkham Intelligence found that a trader turned $5,000 into $670,000 in 48 hours by trading VISTA. The firm reported:
“Trader 0x430 invested in the launch of Ethervista, spending $5,000 to secure over 5% of the supply. He spread his VISTA holdings across seven wallets and, after two days, had made over $670,000 in ETH profits. That’s a return of over 130x.”
Pump.fun Milestone
The launch of the Ethereum-based platform coincides with Pump.fun reaching $100 million in revenue in just over seven months, making it the fastest-growing protocol by revenue in the crypto ecosystem.
The success comes as the competitive landscape intensifies, with new rivals like SunPump on the TRON network trying to capture market share.
Recently, traders have been drawn to Justin Sun-backed SunPump, largely due to its aggressive promotional efforts. The TRON founder revealed on September 3 that the project would implement a 100% on-chain buyback and burn process.
