If you’ve been keeping an eye on the crypto scene, you’ve probably noticed the buzz around Solana’s memecoin launchpads. A recent tweet from Abhi (@0xAbhiP) dropped some eye-opening stats that show just how hot this market is getting. According to the data shared on August 4, 2025, Raydium and Bonk (via letsbonk.fun) raked in a staggering $11 million in revenue last week alone. That’s about 82% of the total market share for Solana memecoin launchpads! Let’s break it down and see what this means for the future of meme coins on Solana.

The Numbers Don’t Lie

The chart Abhi shared highlights the revenue from various launchpads on the Solana network from July 28 to August 3, 2025. Here’s a quick rundown of the top players:

• letsbonk.fun: $8.823 million
• Raydium: $2.245 million
• Pump.fun: $1.306 million

Together, Raydium and letsbonk.fun are leading the pack, leaving other platforms like Pump.fun and BAGS trailing behind. The total revenue across all launchpads for that week hit $13.463 million, showing just how much activity is happening in this space.

Why Raydium and Bonk Are Winning

So, what’s driving this dominance? Raydium is a well-known decentralized exchange (DEX) on Solana, and its launchpad capabilities have clearly struck a chord with memecoin creators. Meanwhile, letsbonk.fun, tied to the popular $BONK token, seems to be riding a wave of community momentum. The tweet suggests that the Bonk ecosystem is “reigniting hope” in the Solana community, which could explain the surge in activity.

One key factor might be the trust and liquidity these platforms offer. Launchpads like Raydium and letsbonk.fun provide a smooth way for projects to launch tokens and attract investors, which is crucial in the fast-paced world of memecoins. Plus, with $BONK seeing a 58% price jump recently, it’s no surprise that its associated launchpad is seeing a boost.

What This Means for the Memecoin Market

This shift in revenue share is a big deal. Platforms like Pump.fun, which used to be a go-to for memecoin launches, are losing ground. Some users on the thread even joked that Pump.fun is “getting destroyed,” hinting at a possible decline in its popularity. But does this mean Raydium and Bonk will stay on top forever? That’s the million-dollar question (or should we say, $11 million question?).

The crypto world is known for its volatility, and new players could emerge to challenge the current leaders. For now, though, it looks like Raydium and Bonk are the names to watch. If you’re a blockchain practitioner or just a meme coin enthusiast, this could be a sign to dive deeper into these platforms and see what projects they’re launching next.

Looking Ahead: A New Meme Season?

The thread sparked some lively debate. One user asked if this is the start of a “new meme season,” while others wondered if new launchpads might overtake the current leaders. With Solana’s meme coin market cap sitting at $12.6 billion (with a 6.4% increase in the last 24 hours as of August 2025), there’s plenty of room for growth—and competition.

If you’re interested in getting involved, platforms like meme-insider.com can help you stay updated on the latest trends and tools. Whether you’re creating your own memecoin or just investing, understanding which launchpads are thriving is key to staying ahead in this wild market.

What do you think—will Raydium and Bonk keep their throne, or is a new contender waiting in the wings? Drop your thoughts in the comments, and let’s keep the conversation going!