PumpFun meme token launchpad on Solana will add Ethereum support
The update is planned amid growing competition from BonkFun
08.07.2025 - 15:45
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What’s new? The team of the leading PumpFun token launch platform on the Solana blockchain will release a number of updates, including an expansion into the Ethereum ecosystem. According to technical documents, the platform will be able to support running on networks based on the Ethereum Virtual Machine (EVM). However, it is not specified whether an existing network will be used to process transactions or whether a new one will be launched.
What else is known? The development information comes at a critical time for PumpFun, which is facing increasing competition from BonkFun. This launchpad, backed by PumpFun’s community-created token BONK, has recently overtaken Pump.fun in several key metrics.
Data from Delphi Digital shows that BonkFun now leads in daily token launches, capturing over 50% of the market (over 16 000 launches per day). It also accounts for 64% of token launches on Raydium, the largest decentralized crypto exchange in the Solana ecosystem.
The daily number of tokens issued on BonkFun that gained the necessary trading volume metrics to be listed on Raydium rose from 10 to 170 within a month.
DEX Raydium on the Solana network has launched an analog of PumpFun to create meme tokens
Previously, the PumpFun team launched their decentralized exchange to preserve liquidity in their ecosystem
Dune Analytics data also reflected a shift in market leadership. PumpFun issued 9691 tokens in the last 24 hours, while BonkFun issued 21 564 tokens.
PumpFun has been leading the meme token launchpads segment since its launch in January 2024. The rapid growth of BonkFun, launched in April 2025, is explained by more substantial community incentives and a large-scale BONK buyback and burn program aimed at supporting the growth of its rate. Thus, the platform allocates 50% of its revenue to the program.
Pump Fun plans a $1 billion token sale at a $4 billion valuation
The launch of the launchpad’s native coin could take place in the coming weeks
BONK ranks fourth in the meme token ranking and 60th in the overall list of cryptocurrencies by market capitalization with a value of $1,72 billion. The asset is trading at $0,00002216, having added 60,5% during the week.
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