The New Favorite on Solana: From Meme Coin to Co-building the Ecosystem

Recently, the landscape of Meme issue coin platforms in the Solana ecosystem has quietly changed. A new platform called LetsBONK.fun is gradually replacing the former leader Pump.fun, becoming a new choice for community users. What stories are behind this "platform shift"? Let's take a look together.

The Fall of the Former Dominator

Pump.fun was once the most popular Meme issuing coin platform on Solana. It attracted a large number of creators and speculators with its simple operation and fast coin issuance. At its peak, the platform could launch tens of thousands of Meme projects daily, generating substantial revenue.

However, over time, the problems of the platform gradually became apparent:

1. The platform's revenue is immense, accumulating over 700 million dollars, but user returns are extremely low.
2. Lack of long-term support for the project, failing to create substantial value for the community or ecosystem.
3. Announce the issuance of platform coin, with a valuation of up to 4 billion USD, causing controversy.

In short, Pump.fun has degenerated into a "harvesting" platform, where users are merely tools for its profit.

Rising Stars: Building Together

In April 2025, the coin issuance platform LetsBONK.fun, led by the Meme coin BONK community, officially launched. Its first-day performance was remarkable:

• 800,000 people participated, 2,700 tokens issued
• Trading volume exceeds 300 million USD within 24 hours
• Currently, over 180,000 coins have been issued through the platform.

The biggest feature of LetsBONK.fun lies in its revenue distribution model. The platform returns most of its income to the ecosystem, reflecting the true spirit of "co-construction."

Taking the on-chain data from July 7, 2025, as an example, the total revenue for that day was 68,768 SOL, and the distribution is as follows:

• 50% used for repurchasing and destroying BONK
• 30% allocated to BONK stakers
• 10% for project support fund
• 10% as platform operating fee

Support projects, create the future together

LetsBONK.fun not only supports project launches but also provides substantial financial support. Taking the $USELESS project as an example, the platform directly purchases $USELESS tokens from the market to establish a project reserve fund and assists in applying for listings on tier-one exchanges. It is reported that this initiative has invested over 600,000 dollars.

This unprecedented support model has made LetsBONK.fun stand out in the Meme world.

Data Witnesses Change

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.

These achievements are not based solely on hype, but rather stem from the deep integration of the platform with the community, functionality, and narrative.

Behind User Choices

Users favor LetsBONK.fun because it conveys a completely new concept:

1. Users are co-builders, not retail investors.
2. The project is the object of cultivation, not a tool for harvesting leeks.
3. Participation is for taking actual action, not for daydreaming.

This is exactly why more and more people are flocking to this platform. They are not just here to issue coins, but to seek an ecological space where they can participate in the long term and develop deeply.