Pump.fun has regained its dominant position in the memecoin launchpad universe on Solana, with over 73% market share over the past seven days.
The memecoin launchpad Pump.fun, built on Solana, recorded one of its best revenue weeks of 2025 in mid-August, benefiting from the sector's recovery after a downturn earlier in the month.
According to data from the DeFi analysis platform DefiLlama, Pump.fun generated 13.48 million dollars between August 11 and the following Sunday, marking its best weekly performance since February.
This recovery came after a significant drop in revenue between July 28 and August 3. During this period, Pump.fun only earned 1.72 million dollars, its lowest level since March 2024. This caused its monthly results for July to plummet, marking the lowest since the beginning of the year.
This decline corresponded to the widespread drop in the memecoin market. According to CoinMarketCap, on August 3, the sector's market capitalization fell to 62.11 billion dollars, down 20% from 77.73 billion on July 28. In one week, nearly 16 billion evaporated.
Pump.fun regains the top spot among Solana launchpads
The increase in Pump.fun's revenue is part of a broader rebound of memecoins.
According to CoinMarketCap, the sector's market capitalization rose to nearly 75 billion dollars on August 11, before dropping back to 70 billion on Sunday. At the time of writing, the overall memecoin market stood at 66 billion.
In addition to its financial performance, Pump.fun has also regained its number one spot in the memecoin launchpad rankings on Solana.
On July 7, a new platform called LetsBonk briefly claimed the top spot in terms of 24-hour revenue, surpassing Pump.fun.
According to data from the aggregator Jupiter (DEX on Solana), LetsBonk had maintained its advantage throughout July, repeatedly gaining the upper hand over Pump.fun.
However, the latest data from Jupiter indicates that Pump.fun is back on top. Over the past seven days, the platform has a market share of 73.6%, with trading volume reaching 4.68 billion dollars.
Also according to Jupiter, Pump.fun recorded 1.37 million active traders over the week, as well as more than 162,000 token creations.
Its main competitor, LetsBonk, is far behind with a 15.3% market share, a weekly volume of 974 million dollars, 511,000 traders, and just over 6,000 tokens issued.
Lawsuits totaling 5.5 billion dollars
Despite this rebound, Pump.fun is facing a serious legal setback. A class action was filed on January 30, accusing the platform of using 'guerrilla marketing' techniques to create a false urgency around highly volatile tokens.
On July 23, the complaint was amended. It now describes the launchpad as an 'unlicensed casino'. The document claims that the structure of Pump.fun resembles 'a rigged slot machine', where only early arrivals profit by reselling their tokens to those who arrive later. The damage for investors is already estimated to reach 5.5 billion dollars.
Despite these accusations, the platform's activity remains strong. According to a Dune Analytics dashboard, Pump.fun has generated over 800 million dollars in total revenue since its launch.
Anatoly Yakovenko, co-founder of Solana Labs, even praised its potential. On Wednesday, he stated that the platform could one day evolve into a global streaming infrastructure.