• LetsBONK launched 15,600 tokens on July 5, overtaking Pump.fun's 11,500, signalling a power shift in Solana’s memecoin ecosystem.
  • With a 24-hour trading volume of $403M and 49.8% market share, LetsBONK edges ahead of Pump.fun’s $380M and 40.9%.

With more token releases and trading volume each day, LetsBONK has overtaken Pump.fun as the top memecoin launchpad, marking a dramatic change in the Solana ecosystem.

According to Jupiter's data, LetsBONK achieved 15,600 token launches on July 5, 2025, compared to 11,500 for Pump.fun.

The company also recorded a 24-hour trading volume of $403 million against $380 million for Pump.fun, securing a 49.80% market share over 40.90% for Pump.fun.


This indicates growing rivalry in the memecoin launchpad area, as it is the first time since Pump.Fun's January 2024 launch has been surpassed.

Founded by Tom in April 2025, LetsBONK uses Raydium's infrastructure and the BONK memecoin's community to propel its progress.

In contrast to Pump.fun, which converts fees to USDC with little reinvestment, Solana uses half of its fee money to purchase and burn BONK tokens, improving liquidity and bolstering its ecosystem.

With its biggest launch, Useless Coin, achieving a $264 million market cap, this strategy has propelled BONK's 22% price increase in a single day.

With a graduation rate of 1.06% as opposed to Pump.fun's <1%, LetsBONK's efficiency demonstrates its capacity to generate high-quality tokens.

LetsBONK's quick expansion—from 2,634 to 12,239 daily deployments in three days—shows its momentum even if Pump.fun has more daily active users.

The platform is positioned as a strong competitor due to its integration with Solana's low-cost, fast architecture and community-driven methodology.

With a 47% volume rise from quarter to quarter, Solana's memecoin market is booming, demonstrating a developing environment where competition spurs innovation, as demonstrated by Pump.

LetsBONK's rise may yet be threatened by Fun's planned $1 billion token sale.

Edited by Annette George