Solana’s LetsBonk Dethrones Pump.fun in Daily Earnings
A shift is underway in the Solana memecoin scene. LetsBonk, a newcomer in the launchpad space, has suddenly outpaced long-time leader Pump.fun in daily earnings, pulling in over $1 million in the last 24 hours—nearly twice its rival’s total, per data from DefiLlama.
This unexpected lead marks a rare challenge to Pump.fun’s dominance, which has typically controlled the Solana memecoin economy.
While both platforms cater to quick token launches and simplified trading, LetsBonk appears to be riding a wave of community momentum, thanks in large part to its ties with the BONK token—a project boasting more than 430,000 followers and nearly $1.8 billion in market cap.
LetsBonk, launched in late April, positions itself as a fairer alternative to existing platforms, promising stronger community involvement and better tools. It recently integrated with Raydium’s LaunchLab to offer liquidity pools and bot features.
Despite its recent success, LetsBonk still trails Pump.fun in longer-term figures. Over the past month, Pump.fun generated over $37 million in revenue, compared to LetsBonk’s $4.5 million—but if current trends continue, that gap may narrow quickly.
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
