LetsBonk narrows revenue gap with PumpFun as Solana launchpad war intensifies
Bonk-powered tokens dominate new launches, claiming over 60% market share
Combined launchpad revenue stabilizes, signaling saturation or user migration
Solana’s memecoin launchpad ecosystem is undergoing a sharp shift, as Bonk-backed launchpad LetsBonk emerges as a strong contender in terms of both activity and revenue. Once dominated by Pump.Fun, the launchpad sector is now witnessing a fierce battle for market share, which has become evident since late June, with LetsBonk registering notable gains in revenue and token deployment volume.
With only a day left before the highly anticipated token sale event, market observers are closely watching Pump.Fun’s next move. Meanwhile, the Solana memecoin ecosystem is showing signs of growing competition and evolving user preferences, possibly setting the stage for a broader reshuffle, driven by changing user preference and capital flows.
Revenue Race Tightens
Throughout Q2, Pump.Fun maintained a clear lead, consistently pulling in over $1.5 million daily in revenue and peaking near $3.5 million in early June. However, that dominan…
The post PumpFun Battles to Retain Dominance as Solana Launchpad Competition Heats Up appeared first on Coin Edition.
