Solana Launchpads BonkFun & LetsBonk Surge Past Pump.fun
BonkFun and LetsBonk have emerged as leading Solana launchpads, posting significant growth in platform fees, trading volume and user adoption while overtaking competitor Pump.fun. Over the past 24 hours, BonkFun saw core metrics jump 33.7% and platform fees hit $1.84 million, powered by its burn-to-earn model that allocates 50% of fees to buy and burn BONK tokens. BONK now trades at $0.000037 with a $2.96 billion market cap, and weekly revenue reached $9.6 million, outpacing Pump.fun’s $3.6 million.
In the latest update, LetsBonk’s monthly trading volume rose 25%, attracting over 50,000 unique wallets as Pump.fun’s volume declined by 10%. These Solana launchpad platforms benefit from intuitive interfaces, minimal fees and seamless wallet integrations. Combined, they facilitated 160,000 token launches, generated $10.4 million in volume, and saw 1,500 tokens graduate to advanced stages. This intensifying competition underscores growing trader interest in Solana meme coin platforms and suggests continued bullish momentum for BONK and related projects.
Bullish
The strong performance of BonkFun and LetsBonk, evidenced by surging platform fees, trading volume and user adoption, indicates robust demand and increasing liquidity in the BONK token. The burn-to-earn mechanism adds deflationary pressure, further supporting price appreciation. Historically, similar upticks in launchpad activity have driven short-term rallies, while sustained platform growth and token burns point to long-term bullish fundamentals for BONK.