The battle of memecoins on the Solana blockchain is heating up, with Bonk emerging as the clear frontrunner.
Bonk Holds 66.5% of Solana’s Memecoin Market
According to recent data, Bonk now holds a commanding 66.5% share of Solana’s memecoin market, far surpassing its closest competitor, PumpFun, which has fallen to just 22%.
PumpFun Faces Sharp Decline
While Bonk continues to gain traction, PumpFun is experiencing a significant downturn. In July 2025, PumpFun’s trading volume and number of active traders dropped sharply. Even more alarming, its monthly revenue has fallen to its lowest point this year—a **80% drop compared to January**. This decline suggests that investors are shifting their focus and capital elsewhere.
What’s Next for Solana Memecoins?
The memecoin space on Solana remains fast-moving and volatile. Bonk’s current dominance reflects its strong branding and an engaged community, but in a market where sentiment can shift rapidly, no position is guaranteed. Projects will need to keep evolving to maintain relevance.
For now, Bonk is the new king of Solana’s memecoin race, but the future requires adaptation and innovation.
