The New Favorite on Solana: LetsBONK.fun Rises

Recently, the landscape of token issuance platforms in the Solana ecosystem has quietly changed. The once-popular Pump.fun has gradually faded from people's view, replaced by an emerging platform—LetsBONK.fun. What are the reasons behind this shift? Let's explore the story of this "platform repositioning."

Pump.fun: The former king falls into difficulties

Pump.fun was once the most popular Meme token platform in the Solana ecosystem. It is known for its ease of use, attracting a large number of creators and speculators. At its peak, the platform could launch tens of thousands of Meme projects daily, yielding substantial profits.

However, as time goes by, the problems of the platform gradually become apparent:

1. The platform has massive revenue, accumulating over $700 million, but the user return rate is low.
2. Lack of continuous support for the project
3. Failed to make substantial contributions to the community and ecosystem
4. The issuance plan of the platform token has sparked controversy, with a valuation of up to $4 billion.

In short, Pump.fun gives the impression that the platform profits handsomely, while users become mere "supporting tools".

LetsBONK.fun: Co-building philosophy leads new trends

In April 2025, the coin issuance platform LetsBONK.fun, led by the BONK community, emerged. Its impressive performance quickly attracted market attention:

• Attracting 800,000 users on the first day, 2,700 tokens were released.
• Trading volume exceeded $300 million in the last 24 hours.
• Over 180,000 tokens have been issued to date, far exceeding similar platforms.

The biggest feature of LetsBONK.fun lies in its co-construction concept. The platform does not aim to harvest users but instead returns income to the ecosystem. Taking the on-chain distribution data as of July 7, 2025, the distribution plan for the total income of 68,768 SOL is as follows:

• 50% used for repurchasing BONK
• 25% allocated to BONK holders
• 15% for ecological construction
• 10% as a reward for the development team

Win-Win Model of Platform and Projects

LetsBONK.fun not only provides support for project launches but also significantly invests funds to assist in project development. Taking $USELESS as an example, the platform directly purchases the token from the market, establishes a project fund, and uses this asset to help apply for listing on a top-tier exchange. It is reported that this initiative has already invested over $600,000.

This level of support is rare in the Meme coin space, highlighting the essential difference between LetsBONK.fun and Pump.fun. The former is committed to the long-term development of the project, while the latter has failed to provide ongoing support for the project.

Data Verification Market Selection

As of July 2025, LetsBONK.fun has surpassed Pump.fun in several key metrics:

• Token issuance: 15,600 vs 11,500
• Market Share: 51% vs 39.9%
• The number of popular projects, active users, and daily trading volume are all leading.

The achievement of these results is not solely reliant on hype, but rather the result of LetsBONK.fun organically combining community, functionality, and narrative.

Reasons Why Users Prefer LetsBONK.fun

The reason why LetsBONK.fun was able to rise rapidly is that it conveys a completely new concept:

1. Users are not the targets of being exploited, but rather co-builders of the ecosystem.
2. The project is not a tool for short-term speculation, but an asset that needs to be nurtured in the long term.
3. Participating in the platform is not a fantasy, but a concrete action.

This concept has attracted a large number of users, who are not only looking to issue tokens but also seeking a platform for long-term participation and in-depth development.