-
LetsBonk now controls 64% of Solana meme token launches, up from 5% a month ago.
-
Pump.fun’s dominance has collapsed from over 90% to 24%.
-
BONK’s market cap has surged nearly 200% in 30 days.
-
Trading volume, fees, and token graduations have all hit record highs for LetsBonk.
Rapid Ascent in Token Launch Volume
LetsBonk, a Solana-based meme token launchpad backed by BONK, has rapidly overtaken Pump.fun in market share. Over the past week, 150,000 new tokens were created on the platform — a 14% increase from the previous week, with a record 26,600 tokens launched in a single day.
A month ago, Pump.fun held over 90% of the launchpad market. Today, its share has plummeted to 24%, while LetsBonk holds 64%.
Volume and Engagement Metrics Hit Records
LetsBonk is also leading in token graduations, with 282 tokens graduating on July 16, a 20% jump from its previous record. It now holds 79% of the graduation market versus Pump’s 18%.
Daily trading volumes reinforce this shift. On Friday alone, LetsBonk saw $179 million in volume compared to Pump’s $52 million. Just a month earlier, those numbers were nearly reversed.
Fees and Valuation Reflect Growing Momentum
The volume surge translated into $8 million in protocol fees for LetsBonk in just one week. BONK’s market cap has soared to $3 billion, nearly doubling over the last 30 days. In contrast, Pump’s valuation remains around $4.4 billion after peaking at $6.8 billion last week.
The rapid shift reflects both community enthusiasm and strategic platform updates that have propelled LetsBonk ahead in the Solana meme token ecosystem.
