GraFun, a memecoin launchpad based on BNB Chain, is set to expand to the Ethereum network, a move that promises to bring the platform greater exposure and access to a broader user base. The news, confirmed by the project’s developers on Wednesday, highlights GraFun’s strategic push to tap into Ethereum’s well-established ecosystem and enhance its offerings for memecoin issuers.

The platform’s unique “Fair Curve” model aims to address common issues in the memecoin space, such as rug pulls and price manipulation, ensuring a more equitable token distribution. This approach helps protect investors from significant losses, a feature that sets GraFun apart from other launchpads. Floki, a prominent name in the memecoin sector, holds a 40% stake in GraFun, with additional backing from DWF Labs.

Since its launch just 1.5 months ago, GraFun has seen over 13,600 memecoins launched, accumulating a total volume of $430 million. Even while operating solely on BNB Chain, GraFun has emerged as a leading platform for memecoin launches on EVM-compatible networks.

By moving to Ethereum, GraFun aims to reach new audiences, gain access to enhanced liquidity, and further solidify its position in the crypto space. This expansion is expected to increase the platform’s visibility among traders and meme coin enthusiasts alike.

Other successful memecoin launchpads that utilize a “Fair Curve” model include Pump on Solana, which pioneered the concept, and Tron’s Sun Pump. Pump.fun has generated over $150 million in fees in the past six months and is on track to reach $400 million in annual fees, while SunPump has earned $5.4 million since launching in August.