BONK flips Pump.fun in Solana bond volume – Here’s why it matters

• Bonk overtaken the pump.fun in the daily joined Solan tokens.
• Is it the beginning of a greater shift where the capital flows on-seams?

Solana is [SOL] MEMECOIN ecosystem gains serious traction and represents 20% of the total market with a total of $ 54 billion, with a combined value of $ 11 billion.

Certainly, the pump.Fun focused on its explosive trigger cycles. But below the surface, the data indicates a deeper structural shift.

Bonk [BONK]Often overlooked in the “humbuk”, quietly tightens its grip of the ecosystem.

So Bonk quietly becomes the backbone of Solan’s meme economies while everyone else is chasing fast pumps?

Bonk overtakes the pump.fun in daily tied tokens

Pump.fun, launched in January 2024, redefined The creation of the token on the Solana. Within one year, $ 368 million was reached by $ 1.5 million a day-by the end of the year exceeded the total income of $ 700 million.

More than 11 million chips were triggered through gluing curves that required Sol to be locked on mint tokens, increasing the prices of combining.

However, as the graph below shows, the pump has fallen significantly, now on average about $ 150 million a day, compared to an annual average of $ 400 million.

On the other hand, they now have platforms associated with bony overtaking Pump.fun in Sol daily binding, which captures 53.2% of the united activity, the first in the history of the platform.

This divergence says: Do traders alternate liquidity into structurally sticky protocols, such as bonos -related platforms, signaling the maturation of the solan memory economy?

Locking Sol signals the movement behind the hype of hype

Measure Bonk’s Sol-brown activityThe most reliable metric is tvl bonk set.

6 July, Data Defillam was followed up to $ 11.98 million, an increase of about $ 8 million in early May. This is almost 50% increase in just two months.

Certainly, functionally similar to the model of the pump.fun gluing curve, where users connect Sol to mint tokens.

However, unlike short -term hype of hype cycles, this number actually shows a real commitment, Sol, which has long been locked in Bonka’s ecosystem.

So Bonk Pump overturning.Fun in the token volume for the first time is not any coincidence. Instead, it points to a structural shift.

Pump.Fun may have kicked the wave, but Bonk is now pulling to the type of capital that really holds. If this keeps up, Bonk could end up in the fourth quarter of the leading memoin scene Solana.