The New Darling on Solana: The Rise of LetsBONK.fun

Recently, the landscape of token issuance platforms within the Solana ecosystem is quietly changing. The once-popular Pump.fun seems to be losing its luster, while a new platform called LetsBONK.fun is rapidly rising, becoming a new favorite among community users. What exactly is happening behind this “platform shift”? Why are users' choices quietly changing? Let's explore this interesting story together.

Pump.fun: From Dominance to Controversy

Pump.fun has been the hottest meme token issuing platform on Solana for over a year now. It is known for its simplicity, allowing users to issue their own tokens in just a few steps, which has attracted a large number of creators and investors. During its peak, the platform could launch tens of thousands of meme projects daily, yielding substantial profits.

However, as time goes by, some problems gradually come to light:

• The platform's total revenue exceeds $700 million, but the user return rate is low, with less than 5% of users able to earn over $1,000.
• Lack of support for project growth, limited contributions to the community and ecosystem.
• Announced the issuance of platform tokens, valued at up to $4 billion, sparking controversy.

In short, Pump.fun's impression has gradually turned into “the platform makes a lot of money, and users become tools.”

LetsBONK.fun: A New Star in Collaborative Ideals

In April 2025, the coin issuance platform LetsBONK.fun, led by the Meme coin BONK community, officially launched. This new platform attracted widespread attention as soon as it was launched:

• On the first day, 800,000 participants were attracted, and 2,700 tokens were released.
• The trading volume exceeded $300 million in the last 24 hours.
• More than 180,000 tokens have been issued so far, far exceeding similar platforms.

The biggest feature of LetsBONK.fun lies in its “co-creation” concept. Unlike the one-way harvesting model of traditional platforms, it returns most of its income to the ecosystem. For example, based on the on-chain data from July 7, 2025, the total income of 68,768 SOL was distributed as follows:

• 38% used for repurchasing BONK
• 20% allocated to BONK stakers
• 20% for project support
• 15% allocated to the team
• 7% for platform operation

Support for Real Gold and Silver Projects

LetsBONK.fun not only supports project development in principle but also provides assistance through actual actions. Taking the $USELESS project as an example, the platform directly purchases $USELESS tokens from the market to establish a project fund and uses these assets to help the project apply for listings on mainstream exchanges. It is reported that this initiative has invested over $600,000, which is quite rare in the Meme coin space.

This approach stands in stark contrast to Pump.fun. The latter, despite earning huge profits from community hype, has failed to provide substantial resource support for the project.

Data Verification New Stars Rise

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

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

The achievement of these results is not solely reliant on hype, but rather stems from the deep integration of the platform and community, functionality, and narrative, representing the development direction of the new generation of token issuance platforms.

Behind User Choices

The reason why LetsBONK.fun has quickly gained user favor is mainly because it conveys a brand new concept:

• Users are not the targets of being harvested, but rather co-builders of the ecosystem.
• The project is not a tool for short-term speculation, but an asset that needs to be nurtured for the long term.
• Participation is not just about getting rich overnight, but about creating value together.

This concept has attracted a large number of users, who are not just looking to issue tokens simply, but are also seeking a platform where they can participate long-term and develop deeply.

In this rapidly changing cryptocurrency world, the rise of LetsBONK.fun has undoubtedly injected new vitality into the Meme coin ecosystem and pointed out a possible direction for future development.