Crypto PUMP Returns, Surpasses LetsBonk On Solana

PUMP Makes A Strong Comeback, Overtaking LetsBonk On Solana

On August 12, 2025, PUMP—the token of the meme coin launchpad Pump.fun—surged 20% in 24 hours, reaching $0.0036, according to CoinGecko. Although still down 46% from its peak of $0.006812 last month, this rally marks an impressive comeback for Pump.fun, reclaiming market share from its biggest rival, LetsBonk.

Fierce Competition In The “Meme Coin War”

For over a year, Pump.fun was the top choice for launching and trading meme coins on Solana. However, last month, LetsBonk unexpectedly captured up to 74% of all newly launched tokens per day, causing Pump.fun’s daily revenue to drop sharply to just $169,000.

In a short time, Pump.fun reversed the trend, reclaiming 67% market share with 27,500 meme coins launched in a single day and daily revenue surpassing $1 million.

Strategic Move: Glass Full Foundation

Last week, Pump.fun launched the Glass Full Foundation—an initiative to support popular tokens and strong communities by injecting significant liquidity into the launchpad’s ecosystem. While the move was positively received on X (Twitter), experts noted that Pump.fun’s rebound had already started before the announcement.

Changing Market Landscape

Over the past week, LetsBonk was pushed down to third place, with Bags taking the second spot. On Sunday, trading volume reached: LetsBonk $12 million, Bags $38 million, and Pump.fun leading with $134 million.

BONK—one of the most popular meme coins on Solana—fell 3.2% on the day but remains up 10% over the past month. Meanwhile, the token of the Zora platform on the Base network rose nearly 40%, highlighting the growing appeal of projects that encourage the creation of meme coins and community tokens.