The Solana Meme platform war is reigniting! Pumpfun is making a comeback, with daily volume, revenue, and number of issued coins all surpassing LetsBONKfun.

After nearly a month of lagging behind, the leading Meme coin launch platform in the Solana ecosystem, Pumpfun, makes a strong comeback! Key data on August 6 shows that Pumpfun has fully surpassed its competitor LetsBONKfun in 24-hour volume, platform revenue, number of new tokens created, and number of graduated projects, marking a new stage in the competition among Solana Meme coin launch platforms. The platform's token $PUMP has risen over 32% weekly, leading the market, while the ecosystem tokens of LetsBONKfun have generally fallen. This article provides an in-depth comparison of platform data, the differences in token performance, and the latest operational strategies of both sides, revealing the latest landscape of the Solana Meme coin ecosystem.

The King Returns: Pumpfun Key Indicators Fully Surpass

  • Since July 7, Pumpfun has for the first time comprehensively surpassed LetsBONKfun in daily core data, with user activity and momentum significantly rebounding:
    • Graduation Volume(: Pumpfun recorded $144.5 million, far exceeding LetsBONKfun's $34.6 million.
    • Post-Graduation Token Volume ): The subsequent trading volume of the token launched by Pumpfun reached $525 million, while LetsBONKfun was $305 million (indicating that the Pumpfun project continues to have stronger appeal).
    • Platform Revenue(Revenue): Pumpfun daily revenue 1.38 million USD, LetsBONKfun is 282,000 USD.
    • New Coin Creation ( Tokens Minted ): Pumpfun users created 23,499 new Meme coins, LetsBONKfun for 6,406.
    • Number of Graduated Projects ( Token Graduations ): Pumpfun has 170 projects graduated (reached liquidity milestone), LetsBONKfun has 71.
    • Active Addresses ( Unique Addresses ): Pumpfun attracted 94,172 unique addresses to participate, LetsBONKfun had 78,617 (user base slightly superior).
  • Seven-Day Dimension Comparison (DefiLlama Data):
    • Total Revenue: LetsBONKfun still leads Pumpfun with 4.55 million USD compared to 2.33 million USD, but Pumpfun's single-day turnaround shows a reversal of momentum.

Platform Token Performance: $PUMP Strong Rise vs $BONK Ecosystem General Fall

  • $PUMP (Pumpfun platform token ):
    • Current price is approximately $0.003425.
    • 24-hour rise 3.1%, weekly increase up to 32.3% (CoinGecko data), significantly outperforming the overall cryptocurrency market that fell 2.10% during the same period. It has become one of the most outstanding tokens among recent Solana Meme coins.
  • LetsBONKfun ecological Token generally under pressure:
    • $BONK ( native Token ): 24-hour fall 0.5%, weekly fall 12.6%.
    • $GP (Graphite Protocol, infrastructure Token ): 24-hour fall 16.2%, weekly drop over 50%.
    • $USELESS ( platform key Meme coin ): fell over 7%.
    • **Total Market Cap: ** Plummeted by 20.8% in a single day, currently only $389 million.

Operational Strategy Contest: Transparency and Buybacks Become the Focus

  • The revival catalyst of Pumpfun:
    • Income Transparency: Launched Public Revenue Dashboard on August 4th to enhance platform transparency and trust.
    • Powerful Token Buyback: Before the dashboard launch, the platform used approximately $8,740 worth of SOL to buy back $PUMP, with the buyback amount equivalent to 102% of the platform's revenue during that period, providing strong support for the coin price.
    • Announcement of New Incentive Plan: A new reward program is being prepared to enhance user participation (details to be announced).
    • Mergers and Acquisitions Enhance Transparency: Acquired the on-chain wallet tracking tool Kolscan, further enhancing platform transparency and tool capabilities.
    • Major Update Announcement: Co-founder Alon hinted at a "significant announcement" for Community Coins.
  • LetsBONKfun's response:
    • Community Indicator Buyback: On August 3, 440 SOL was allocated to purchase top Tokens selected based on community indicators, attempting to boost the ecosystem.

Solana Meme Coin War: Competition Heats Up, Landscape Changes Rapidly

  • Over the past two months, the competition between Pumpfun and LetsBONKfun has defined the active landscape of the Solana Meme coin ecosystem. LetsBONKfun took the lead in early July with strong community building, but Pumpfun's strong return demonstrated the intensity and unpredictability of competition in this field.
  • Solana co-founder Anatoly Yakovenko commented on X: "Competition is endless. In the cryptocurrency space, there are no moats and no free lunches." (Anatoly Yakovenko Solana Meme coin competition)
  • The rise of two platforms has completely changed the issuance and trading methods of Meme coins on Solana, elevating Solana to one of the most active chains for community-driven Token creation, continuously breaking records for on-chain daily volume and user activity.

Conclusion: Pumpfun reclaims the throne, but the Solana meme coin war is far from over

  • Pumpfun, with its impressive single-day data and proactive operational strategies (transparent revenue, strong buybacks, acquisition tools, and update previews), has successfully achieved a comprehensive surpassing of key indicators, and the strong performance of the platform Token $PUMP also confirms the market's recognition of its recovery. This marks Pumpfun's resurgence in the competition of the Solana Meme coin launch platform.
  • However, the competition landscape of Solana Meme coin ecosystem is changing rapidly. LetsBONKfun still maintains an advantage in seven-day total revenue, and its community foundation should not be underestimated. The repeated rankings of both sides over the past month have confirmed the high volatility in this field.
  • The core question is: Can Pumpfun maintain its lead? Although its current data is strong, the Meme coin launchpad market is changing rapidly, and dominance may shift within days. The next steps in token buyback strategies, community incentives, and platform feature innovations (such as Pumpfun's anticipated "major announcement") will be crucial.
  • For investors focused on Solana ecosystem development, Meme coin investment opportunities, and cryptocurrency platform tokens ($PUMP, $BONK), closely tracking the competitive dynamics between these two major platforms, key operating metrics (volume, revenue, number of tokens issued, active addresses), and the performance of their platform tokens is crucial to grasping the pulse of the Solana Meme coin market rotation. This Meme coin platform competition on the Solana chain is destined to continue being exciting.
SOL2.74%
MEME5.96%
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