The rise of new stars in the Solana issue coin ecosystem, users are quietly changing their choices

Recently, the coin issuance craze within the Solana ecosystem has seen new changes. A platform called LetsBONK.fun is gradually replacing the originally dominant Pump.fun, becoming a new favorite among community users. This shift reflects changes in user demand and differences in platform operation philosophy.

From Dominance to Controversy: The Rise and Fall of Pump.fun

Pump.fun was once the most popular Meme issue coin platform on Solana. Its simple operation process attracted a large number of creators and speculators, with thousands of Meme projects going live every day at its peak. However, over time, the problems of the platform gradually became apparent:

1. Unequal income distribution: The platform has accumulated over $700 million in revenue, but the proportion of users who can obtain substantial earnings is less than 5%.
2. Lack of ecological support: The platform has failed to effectively promote project growth or contribute value to the community.
3. Controversial decision: Announced the issuance of a platform coin, with a valuation of up to $4 billion, causing user dissatisfaction.

These factors have led users to gradually lose confidence in Pump.fun and start looking for new options.

LetsBONK.fun: A New Force in the Concept of Co-Creation

In April 2025, a new platform called LetsBONK.fun, led by the Meme coin BONK community, was born. Its launch performance was remarkable:

• On the first day, it attracted 800,000 users to participate, issuing 2,700 coins.
• The trading volume exceeded $300 million in the last 24 hours.
• A total of over 180,000 coins have been issued to date, far surpassing similar platforms.

The core concept of LetsBONK.fun is to return the platform's revenue to the ecosystem. Taking the data from July 7, 2025, as an example, the distribution plan for the total revenue of 68,768 SOL on that day is as follows:

• 30% used for buying back BONK
• 20% allocated to BONK stakers
• 20% for project development fund
• 15% allocated to traders
• 15% for platform operation and development

This co-construction model is not only reflected in profit distribution but also extends to substantial support for high-quality projects. For example, the platform provided over $600,000 in support for the $USELESS project, assisting it in applying for listing on a tier-one exchange. This practice is groundbreaking in the Meme coin sector.

Behind User Choices: Advantages of the New Platform

The latest data shows that LetsBONK.fun has surpassed Pump.fun on multiple key metrics:

• Token supply: 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.

Users favor LetsBONK.fun mainly based on the following points:

1. Co-builder identity: Users are no longer seen as "chives", but as co-builders of the ecosystem.
2. Long-term development perspective: The project is not a target for short-term speculation, but is encouraged to grow in the long term.
3. Substantive participation: Users can truly engage in the development of the project, rather than just speculating.

This new platform model has brought new vitality to the Solana ecosystem and provided new ideas for the healthy development of the Meme coin market. As user demands continue to evolve, innovative platforms like LetsBONK.fun are expected to continue leading the direction of industry development.