Solana Memecoin Rise: LetsBonk Don Pass Pump.fun, DEX Volume
For July 9, the Solana memecoin activity jump wella as LetsBonk log over 22,000 token mints—pass two times Pump.fun wey get 8,334. This cover pass half of di daily Solana memecoin mints. Even though overall issuance flat and transaction counts reduce, DEX volume for Raydium rise wella, carry fee revenue back to early-2025 level.
Bots don dey run most token launches now, dem dey mint new memecoins every few minutes. LetsBonk simple interface plus dem buy-and-burn fee style don attract traders wey find Pump.fun setup complex. According to Bitget COO Vugar Usi Zade, the burn mechanism and lower fees build trust, attract new participants.
Validator fees and daily swaps don jump join DEX volume raise, show say the Solana memecoin sector dey "reload" no be dey slow down. Traders suppose dey watch on-chain fee trends, token mints and DEX volume as key indicators for chance of short-term bullish gains and long-term network growth.
Bullish
The sharp rise for LetsBonk mints and the big increase for DEX volume on top Raydium mean say demand dey grow and network activity dey increase for Solana memecoins. The higher validator fees show say trading dey active well well, while the burn mechanism plus the low fees for LetsBonk dey attract fresh money. For short term, all these things fit make token price jump as traders dey use the high volume take hustle small money. For long term, steady DEX throughput and strong fee income go help keep the network healthy and fit make memecoin for Solana continue to grow.