PANews reported on October 24th that pump.fun announced its acquisition of Padre, a trading terminal project providing trading and analytical tools for professional traders on Solana, BNB Chain, Base, and Ethereum L1. Padre will continue to operate as normal, but will see a significant upgrade to the user experience, significantly improved data and speed, and more generous trading incentives. The PADRE token will no longer have a functional use on the platform, and there are no plans to do so in the future.
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