BONK Demand Soars as Bonk.fun Captures Over Half of Solana’s Token Issuance Market

Bonk.fun Overtakes Pump.fun, Dominating Solana Launchpad Scene and Driving BONK Hype

Bonk.fun has officially outpaced Pump.fun to claim the top spot among Solana token launchpads, seizing over 55% of the market and propelling fresh enthusiasm for the BONK token.

While Pump.fun led the sector after its launch in January 2024, accumulating more than $800 million in fees within two years, the tide has turned. New data shows Bonk.fun has now facilitated more than $540 million in trading volume across 175,000 token launches, bringing in approximately $34 million in fees.

This gives Bonk.fun a significant edge, with a 55.2% share of the meme launchpad space. Pump.fun, in comparison, holds a 34.9% market share, tallying $341 million in volume.

Bonk.fun’s rapid ascent highlights its growing influence within the Solana ecosystem and has sparked increased demand for BONK as traders and developers pivot toward the platform now leading the meme coin launch frenzy.