PumpFun has solidified its dominance in the Solana memecoin launchpad market, currently controlling approximately 78% to 91.8% of market share according to various recent reports from JupPro and other sources. The platform leads in new token launches, bonding activities, and active wallet counts, although daily active wallets have declined from a peak of 400,000 to around 150,000, marking a 62% drop. Despite this decrease, trading volume and user activity appear to be stabilizing, with liquidity primarily cycling between existing tokens rather than attracting new capital. PumpFun has also surpassed $800 million in cumulative revenue and holds a 62% revenue share over a two-week period. It accounts for 27% of all weekly crypto buybacks on Solana, second only to Hyperliquid, with the two combined representing 84% of total weekly buybacks across the crypto market. Weekly trading volume on PumpFun reached $4.68 billion, reinforcing its position as the leading memecoin launchpad on the Solana blockchain. Other competitors in the market include LETsBONKFUN, BAGS, BELIEVE, METEORA DBC, and JUP STUDIO, each holding significantly smaller shares ranging from about 1% to 13%. Additionally, PumpFun's daily revenue has rebounded from $200,000 in early August to consistently exceed $1 million.
Meanwhile, on pump #5 https://t.co/WkLZEAZ3dO
PUMPFUN DAILY ACTIVE WALLETS DROP 62% FROM PEAK Pumpfun wallets have fallen from 400K at peak to ~150K today, a 62% decline. Volume and users are stabilizing, with liquidity mostly recycling between tokens instead of fresh capital entering. The frenzy cools, but the trenches https://t.co/OyEyUXbADa https://t.co/Gb6xk3uGJc
pudgy token trades 4x the nft collection. $2.2b market cap on $40m annual toy revenue, deployer moved 2.091b tokens to exchanges since july. genuine community building extracting through token premium over core asset value, 576 nft loans providing floor support during the dump.