LetsBONK Launchpad Overtakes Pump.fun as Top Solana Memecoin Platform

By Marco Piccolo

LetsBONK leads memecoin launchpad race

LetsBONK has emerged as the new frontrunner in the competitive Solana memecoin launchpad space, overtaking longtime leader Pump.fun for the first time. As of July 8, data from Solana DEX aggregator Jupiter shows LetsBONK holding 46.8% of the market with $519 million in daily trading volume, compared to Pump.fun’s 42% and $465 million.

This marks a dramatic shift from mid-April, when Pump.fun held a dominant 99% share, according to Dune Analytics. LetsBONK has also outpaced Pump.fun in token mints, recording over 20,000 mints in the past 24 hours versus just under 10,000 for its rival.

BREAKING

LetsBonk Just surpassed Pumpfun in Market-Share and daily volume. https://t.co/LzFKeuOv2e pic.twitter.com/Pen7BGlEjF

— Kakashi (@kkashi_yt) July 6, 2025

Launched on April 25, LetsBONK quickly distinguished itself by offering token creators 1% of trading fees, a significantly higher cut than Pump.fun’s later-introduced 0.05%. The platform was developed by the team behind BONK, a top Solana memecoin, which has amplified LetsBONK’s visibility through social media campaigns and community engagement.

BONK, currently the No. 44 crypto asset by market capitalization with a $1.8 billion valuation, has played a key role in LetsBONK’s growth. The platform also integrates with Raydium’s LaunchLab contract, enabling advanced trading features like bot access and liquidity pools.

One standout project on LetsBONK is Useless Coin (USELESS), which has surged nearly 2,000% in the past month, drawing further attention to the launchpad.

Pump.fun token rumors intensify

As LetsBONK gains momentum, Pump.fun is reportedly preparing a significant move of its own. A now-deleted page on crypto exchange Gate.io revealed plans for a public sale of Pump.fun’s native token, PUMP, scheduled to begin on July 12.

According to the leaked details, 150 billion PUMP tokens (15% of total supply) were to be sold at $0.004 each, implying a $600 million raise and a fully diluted valuation of $4 billion. The sale was intended to be uncapped aside from a minimum purchase requirement, and would last up to 72 hours on a first-come, first-served basis.

However, Gate.io has since removed the page, and a support message only added to the uncertainty: “Following negotiations between Gate and the project, Gate has removed Pump.fun Pre-Market OTC. At this time, there is no confirmed date or announcement for its reopening.”

Hello. We would like to inform you that, according to the latest announcement (2024-10-31) regarding PUMPFUN, following negotiations between Gate and the project, Gate has removed https://t.co/KLSHZkWmc1 (PUMPFUN) Pre-Market OTC. At this time, there is no confirmed date or…

— Gate Support (@support_gateio) July 7, 2025

Pump.fun has previously denied token launch plans, with co-founder Alon Cohen stating in April that users should not expect a token. Despite the denials, speculation has remained high, especially given Pump.fun’s massive user base and past success in spawning viral memecoins like Fartcoin.

As the memecoin ecosystem on Solana continues to evolve rapidly, all eyes are now on whether Pump.fun will follow through with a token launch and how LetsBONK will maintain its newfound lead.

Source:: LetsBONK Launchpad Overtakes Pump.fun as Top Solana Memecoin Platform