LetsBonk Overtakes Pump.fun in Solana Memecoin Launchpad Rankings
In a significant market shift, LetsBonk has surpassed Pump.fun in daily revenue on the Solana memecoin launchpad rankings. Data from DefiLlama shows LetsBonk generating $1.04 million in 24-hour revenue, doubling Pump.fun’s $533,412. While this marks a notable daily achievement, Pump.fun maintains its lead in monthly revenue with over $37 million.
BONK Memecoin Sees Significant Growth
The launch of LetsBonk has positively impacted the BONK memecoin, which saw a 52% value increase. With a $1.8 billion market cap and 430,000+ followers on X, BONK ranks among Solana’s top memecoins and stands as the 68th-largest cryptocurrency.
TradFi and DeFi Convergence Accelerates
Nelli Zaltsman of JPMorgan’s Kinexys highlighted the growing convergence between traditional and decentralized finance at RWA Summit Cannes 2025. JPMorgan is working to integrate onchain assets with institutional payment systems, potentially accelerating blockchain adoption.
Blockchain Innovations Expand
Projective Finance launched a $7 million onchain lending pool for Illinois solar projects, while OpenSea acquired Rally to expand into mobile crypto trading. These developments demonstrate blockchain’s growing real-world applications.
DeFi Security Concerns Addressed
Researchers recently prevented a $10 million DeFi backdoor attack targeting thousands of smart contracts. This incident highlights the ongoing importance of security in decentralized finance.
