Pump.fun Stages $13M Comeback, Reclaims Solana’s Top Memecoin Launchpad Spot

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After a challenging period that saw its revenue plummet and its market position challenged, Solana-based memecoin launchpad Pump.fun has staged a remarkable comeback. The platform has not only reclaimed its spot as the top launchpad in the Solana ecosystem but also recorded its strongest week of 2025, buoyed by a significant rebound in the broader memecoin market.

A Powerful Revenue Rebound

Pump.fun’s resurgence is a story told in stark numbers. According to DeFi data tracker DefiLlama, the platform generated an impressive $13.48 million in revenue between August 11 and August 17, marking its best weekly performance since February. This sharp increase stands in dramatic contrast to the preceding week (July 28 to August 3), when the platform brought in just $1.72 million—its lowest figure since March 2024.

This sudden reversal coincided with a broader recovery across the memecoin sector. The market had experienced a precipitous drop, with its total market capitalization falling by nearly $16 billion in a single week, from $77.73 billion on July 28 to a low of $62.11 billion on August 3. As the market began to rebound, recovering to a valuation of nearly $75 billion, Pump.fun’s revenue began to climb in tandem, highlighting its close correlation with the health of the volatile memecoin space.

Reclaiming the Top Spot

Pump.fun’s revenue spike was accompanied by a decisive return to market dominance. Just a month prior, a new rival, LetsBonk, had seized the top spot for 24-hour revenue and market share, signaling a major shift in the competitive landscape. However, data from Solana DEX aggregator Jupiter now shows a different story.

Also Read: Pump.fun Revenue Plunges 80% as LetsBonk Dominates Solana Memecoin Market

In the last seven days, Pump.fun has surged to a commanding 73.6% market share, with a colossal $4.68 billion in trading volume. This staggering performance was driven by 1.37 million traders and over 162,000 new token mints. In comparison, LetsBonk, its nearest competitor, trailed far behind with just a 15.3% market share, $974 million in weekly trading volume, 511,000 traders, and just over 6,000 token mints. These figures underscore Pump.fun’s successful strategy in fending off its competition.

Continued Momentum Amid Legal Challenges

The platform’s impressive recovery and market leadership have unfolded despite significant legal headwinds. A class-action lawsuit, originally filed in January, was amended in July to allege that Pump.fun operates as an “unlicensed casino” and a “rigged slot machine.” The lawsuit claims that the platform’s structure is designed to benefit early players at the expense of later participants and that investors have lost an alleged $5.5 billion.

Despite the serious nature of these accusations, Pump.fun’s operations appear largely unaffected. A Dune Analytics dashboard confirms the platform’s continued success, with lifetime revenue already surpassing $800 million. As the legal battle looms, Pump.fun’s ability to thrive and generate substantial revenue while maintaining its position as the leading Solana memecoin launchpad will be a key story to watch.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses