I believe we will see a redistribution of dominance in Solana’s memecoin economy.

Solana daily token launches surpassing 40K, the highest since mid-February.

Pump fun had a near-monopoly on Solana memecoin launches since Q3 2024, but with things todday, its market share plunged to 56% in May, the lowest since September.

Platforms like @bonk_fun and @believeapp have been gaining momentum, with Raydium’s LaunchLab and Boop also carving out space.

The launchpad landscape is fragmenting, and the memecoin game on Solana is entering a new phase of competition.