Pump Fun continues to dominate the memecoin market, with over half of DexScreener's top 10 trending memecoins launched on its platform. As of May 20, 2025, Pump Fun reported 276 tokens graduating in a single day, an increase of 62 from the previous day, and a total of 29,500 tokens launched. The platform's pump revenue rose to $1.69 million, up by $143,840 from May 19. The top three coins launched by market capitalization in the last 24 hours include $PBJT with $5.91 million and $AMIKO. Pump Fun controls approximately 83% of the market capitalization for the top 25 tokens launched in the last 24 hours. Competitors like Believe and LaunchLabs have gained some market share, with Believe holding about 74% of the market capitalization for the top 25 tokens over the past seven days, though this share is shrinking. Additionally, the memecoin LetsBonk, launched on the Pump Fun platform, offers staking with an exceptionally high annual percentage rate of 86,400%, highlighting the platform's innovative token offerings. On the Solana blockchain, the top-performing memecoins over the last 24 hours with a minimum market cap of $5 million are $GOONC, $KOKOK, $COLLAT, $SSE, and $SPLAT.