Overview

• Blockworks-cited data shows Pump.fun captured 62% of Solana launchpad revenue from Aug. 4–17, totaling about $16.7 million.
• The platform handled roughly 55.6% of trading volume in that period, about $1.4 billion, while facilitating 293,192 token launches, or around 66% of new coins.
• Reporting attributes the rebound to intensified PUMP repurchases starting Aug. 6, with at least $1 million bought on most days since Aug. 7.
• LetsBonk’s momentum reversed sharply, with daily revenue dropping from nearly $1 million to under $30,000 and token graduations dwindling.
• Cross-chain rivalry is rising as Base reportedly saw nearly 58,000 memecoins created in a single day versus about 33,000 on Solana.