{"id":23691,"date":"2025-05-06T12:50:40","date_gmt":"2025-05-06T09:50:40","guid":{"rendered":"https:\/\/forklog.com\/en\/pump-funs-dominance-among-token-launch-platforms-faces-challenges\/"},"modified":"2025-05-06T12:50:40","modified_gmt":"2025-05-06T09:50:40","slug":"pump-funs-dominance-among-token-launch-platforms-faces-challenges","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/pump-funs-dominance-among-token-launch-platforms-faces-challenges\/","title":{"rendered":"Pump.fun&#8217;s Dominance Among Token Launch Platforms Faces Challenges"},"content":{"rendered":"<p>Pump.fun&#8217;s dominance among Solana launchpads may waver as new players emerge, experimenting with revenue distribution settings, bonding curves, and other mechanisms, according to Blockworks Research.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ Launchpads have been a hot topic in recent weeks with many new projects coming to market.<a href=\"https:\/\/twitter.com\/pumpdotfun?ref_src=twsrc%5Etfw\">@Pumpdotfun<\/a>&#8216;s success and dominance of the category over the past year serves as motivation for other teams to compete for a slice of the pie.<\/p>\n<p>So what&#8217;s happening with launchpads?? <a href=\"https:\/\/t.co\/e05JZCcqVi\">pic.twitter.com\/e05JZCcqVi<\/a><\/p>\n<p>\u2014 Blockworks Research (@blockworksres) <a href=\"https:\/\/twitter.com\/blockworksres\/status\/1919412908624347480?ref_src=twsrc%5Etfw\">May 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts note that such platforms have become a &#8220;core primitive&#8221; of public markets.<\/p>\n<p>Currently, Pump.fun maintains its lead with over 200,000 tokens created weekly, and a DEX launch rate approaching 2%. Although growth has halved since January, it has more than doubled compared to the summer of 2024.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1542.webp\" alt=\"1-1542\" class=\"wp-image-258133\"\/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/raydium-to-launch-token-platform\">Launched<\/a> by the decentralized exchange Raydium, the competitor LaunchLab remained in the shadows until the emergence of the meme token Letsbonk.Fun. Now, the platform allows for the creation of &#8220;branded versions&#8221; of tokens, drawing attention to new possibilities.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-1091.webp\" alt=\"2-1091\" class=\"wp-image-258134\"\/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p>Another DEX, Jupiter, failed to gain momentum, with its Moonshot &#8220;factory&#8221; launching only a few thousand tokens weekly.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"539\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-55-1024x539.jpg\" alt=\"3-55\" class=\"wp-image-258135\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/3-55-1024x539.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/3-55-300x158.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/3-55-768x404.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/3-55.jpg 1506w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p>On April 30, the launchpad boop.fun intensified competition in the sector. The project aims to attract users through airdrops. <\/p>\n<p>Creators with large allocations must launch a coin and achieve a certain market capitalization to receive their tokens. Activity quickly declined within a week, experts noted.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"404\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/4-33-1024x404.jpg\" alt=\"4-33\" class=\"wp-image-258136\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/4-33-1024x404.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/4-33-300x118.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/4-33-768x303.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/4-33-1536x606.jpg 1536w, https:\/\/forklog.com\/wp-content\/uploads\/4-33-2048x808.jpg 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p>The Base network experienced a similar surge in launchpad popularity as seen in Solana. <\/p>\n<p>Developers are experimenting with a wide range of ideas\u2014from automatic coin creation and trading (Clanker) to social media integration (Zora). Outside the latter, platforms register only 10-100 new tokens weekly.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/5-230.webp\" alt=\"5-230\" class=\"wp-image-258137\"\/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p>In Base, meme coins not associated with &#8220;factories&#8221; dominate the turnover. In comparison, Pump.fun accounts for 10% in Solana.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/6-167.webp\" alt=\"6-167\" class=\"wp-image-258138\"\/><figcaption class=\"wp-element-caption\">Data: Blockworks Research.<\/figcaption><\/figure>\n<p>According to Token Terminal, Pump.Fun has collected $294 million in fees, surpassing Ethereum ($249 million). The platform has led over the blockchain of the second-largest cryptocurrency by market cap for nine consecutive weeks in weekly terms.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to Token Terminal, PumpFun has captured $294 million in fees so far this year, surpassing Ethereum ($249 million). In addition, PumpFun&#8217;s weekly fee capture level has surpassed Ethereum for 9 consecutive weeks. <a href=\"https:\/\/t.co\/sOEC6RF2Do\">https:\/\/t.co\/sOEC6RF2Do<\/a> <a href=\"https:\/\/t.co\/7gcOtDf3io\">pic.twitter.com\/7gcOtDf3io<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1919219591177441786?ref_src=twsrc%5Etfw\">May 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In early May, mentions of meme coins on social media reached their <a href=\"https:\/\/forklog.com\/en\/news\/social-media-buzz-around-meme-coins-hits-yearly-high\">peak in 2025<\/a> amid a shift in traders&#8217; interest towards high-risk assets.<\/p>\n<p>In March, the total trading volume on Pump.fun&#8217;s DEX PumpSwap <a href=\"https:\/\/forklog.com\/en\/news\/pumpswap-dex-surpasses-1-2-billion-in-trading-volume\">exceeded $1.2 billion<\/a> within a week after its <a href=\"https:\/\/forklog.com\/en\/news\/pump-fun-launches-its-own-dex-on-solana\">launch<\/a>.<\/p>\n<p>Earlier, CoinGecko <a href=\"https:\/\/forklog.com\/en\/news\/coingecko-identifies-key-cryptocurrency-market-narratives-for-q1-2025\">named<\/a> meme coins the most popular narrative of the first quarter of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pump.fun&#8217;s dominance among Solana launchpads may waver as new players emerge, experimenting with revenue distribution settings, bonding curves, and other mechanisms, according to Blockworks Research. 1\/ Launchpads have been a hot topic in recent weeks with many new projects coming to market.@Pumpdotfun&#8216;s success and dominance of the category over the past year serves as motivation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1321,1161,1715,167,1159],"class_list":["post-23691","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-base","tag-memes","tag-pump-fun","tag-research","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"74","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23691","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=23691"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/23691\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/23690"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=23691"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=23691"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=23691"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}