Pump.fun's native token PUMP surged over 10% intraday after founder Alon announced a major overhaul of the fee model in 2026. The platform will shift from the current dynamic fee V1 system to a market-driven model, aiming to rebalance incentives and transition from low-risk token creation to active trading. While the current fee structure has facilitated token issuance, it has also been criticized for damaging trading depth. The planned reform, including a strategic reassessment of creator fees, is seen as key to achieving sustainable growth. Although the price has risen in the short term, technical forecasts remain cautious, with CoinCodex predicting that by early February 2026, PUMP's price could drop 25% to $0.001784.