Pump.fun has regained a commanding position in the Solana memecoin launchpad sector, accounting for 62% of revenue and roughly 56% of trading volume on the network during the two weeks to 17 August, according to data cited by CryptoSlate and Blockworks. The platform generated about $16.7 million in fees and facilitated $1.4 billion of token trading, with nearly 293,200 new coins minted through its infrastructure—two-thirds of all launches in the period. Subsequent market-share tallies show Pump.fun’s grip tightening. Independent dashboards put its share of memecoin launchpad activity between 75% and 90% through 23 August, while rival Let’sBonkFun fell to the low-teens. CoinMarketCap figures indicate the turnaround is dramatic: Pump.fun’s share had slumped to around 5% in early August before the rebound. Analysts attribute the surge to an aggressive buy-back programme for the PUMP token, speculation over a future airdrop and fresh capital flows into so-called community coins. Pump.fun raised about $1 billion in a 12-minute presale on 12 July and has now amassed more than $800 million in cumulative revenue since January 2024, SolanaFloor data show. The launchpad’s revival highlights renewed user and developer interest in the Solana ecosystem, whose native SOL token has climbed roughly 820% since August 2023. Whether competitors can counter Pump.fun’s momentum may determine how durable its dominance proves in the still-volatile memecoin market.
I like Solana DeFi
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Prediction markets and fantasy sports... Are so much more normie friendly than memecoins on pumpfun. They have binary actions to take, the simplicity and the relatability to the IRL world then hoping to land the correct dog meme out of 15 is under talked I really hope this