If you’ve been keeping an eye on the Solana blockchain lately, you’ve probably noticed some exciting shifts in the world of meme coin and token launches. A recent tweet from Sharples dropped a fascinating insight: Raydium's LaunchLab SDK has been raking in 70-80% of the launchpad market on Solana over the past few days. That’s a huge chunk of the pie, and it’s all thanks to the power of innovative tech and a standout player called Bonk.fun.

What’s Driving This Dominance?

So, what’s behind this impressive market share? The LaunchLab SDK, built by Raydium, is an on-chain order book AMM (Automated Market Maker) that’s shaking up the DeFi space. For those new to the term, an AMM is like a smart contract that automatically sets prices for tokens based on supply and demand—no middlemen needed. This tech makes launching tokens faster, cheaper, and more accessible, which is a big win for projects on Solana’s high-speed, low-fee network.

Leading the pack is Bonk.fun, a launchpad built on top of LaunchLab. According to the data, Bonk.fun has become a go-to platform for meme coin creators. Its ability to handle massive volumes—think over $540 million across 175,000 launches—shows why it’s stealing the spotlight. Plus, with $34 million in fees generated, it’s clear this platform is a powerhouse in the Solana ecosystem.

The Chart Tells the Story

The image shared by Sharples is a goldmine of info. It’s a stacked area chart from Blockworks Research, tracking revenue from launchpads and bonding curve infrastructure providers on Solana. You can see the green swath of Pump.fun dominating early on, but as the dates roll into July 2025, the orange slice representing LaunchLab SDK (and by extension, Bonk.fun) takes over. The purple and other colors (Meteora DBC and others) shrink in comparison, highlighting how LaunchLab’s tech is outpacing the competition.

This visual proof backs up the tweet’s claim and gives us a clear timeline—from April to early July—showing this shift in real-time.

Why It Matters for Meme Coin Fans

If you’re into meme coins, this trend is a big deal. Bonk.fun’s rise, especially with tokens like USELESS hitting a $250 million market cap, shows how these launchpads can turn quirky ideas into viral successes. The demand for BONK, the native token, is also spiking, which could mean tighter supply and bigger gains for holders. For blockchain practitioners, this is a chance to dive into a thriving ecosystem and learn from the latest tools and strategies.

What’s Next for Solana Launchpads?

With Raydium’s LaunchLab SDK leading the charge, we might see more projects flocking to Solana for their token launches. The low fees and fast transactions are a perfect match for the meme coin craze, and platforms like Bonk.fun could set the standard for what’s possible. Keep an eye on this space—new contenders might emerge, but for now, LaunchLab and Bonk.fun are the names to watch.

Want to dig deeper? Check out the public dashboard Sharples linked for more data. At Meme Insider, we’re here to keep you updated on all things meme tokens and blockchain tech. Drop your thoughts in the comments—are you betting on Bonk.fun’s continued rise?