BONK Rallies on Bonk.fun’s Dominance, Accounting for 55% of Solana Token Releases

Bonk.fun Tops Solana Token Launch Platforms, Surging Ahead of Pump.fun and Boosting BONK Demand

Bonk.fun has overtaken Pump.fun to become the leading token launchpad in the Solana ecosystem, commanding over 55% of the meme token market and driving renewed excitement for the BONK token.

Launched in January 2024, Pump.fun quickly rose to dominance, generating more than $800 million in total fees. But Bonk.fun has now taken the lead, facilitating $540 million in trading volume from over 175,000 token launches and generating approximately $34 million in fees.

With a 55.2% market share, Bonk.fun now sits comfortably ahead of Pump.fun, which has slipped to a 34.9% share and $341 million in total volume.

The shift in momentum has sparked fresh interest in BONK, the Solana-based token at the heart of the Bonk.fun ecosystem. As more developers and meme projects flock to Bonk.fun, BONK continues to gain traction both as a utility asset and speculative play within the broader Solana DeFi space.