Pump.fun Don Grab 76.8% of Solana Launchpad Market Share
According to Jupiter Data snapshot, Pump.fun dey dominate Solana launchpad market with 76.8% share for di last 24 hours. Let’s Bonk dey follow wit 8.43%, and Meteora DBC hold 8.2%. These verified on-chain metrics show say Solana launchpad ecosystem get high concentration. Traders fit use dis data to check platform activity, liquidity distribution, and improve their Solana launchpad trading strategies.
Neutral
Di data dey show say sharp consolidation of activity dey for Pump.fun, but e no dey directly affect token prices or bigger Solana network fundamentals. For short time, traders fit shift their capital go Pump.fun for new project launches, while other launchpads wey dey compete fit see reduced volume. Historically, dominant launchpads fit make liquidity easy but e fit cause centralization wahala, like wey e dey happen for other ecosystems. For long term, market share concentration fit make competitors innovate or diversify, to balance the ecosystem. Overall, the impact on market stability and price trends no too much, so the news na neutral one.