🚨 still accounts for more than 95% of the market share — but competitors are creeping in for a living
📌 As of mid-May 2025, the total number of tokens created on Solana launchpads is as follows:
- ~2,000,000 tokens (95.5% of the total market)
- LetsBonk: ~50,000 tokens (2.4%)
- Believeapp: ~30,000 tokens (1.4%)
- Moonshot: ~10,000 tokens (0.48%)
-LaunchLab: ~5,000 tokens (0.24%)
📌 Its market share is still the undeniable giant, but the story doesn't stop there: in just a few weeks, LetsBonk and Believeapp have eroded nearly 4% of the market share, while before that the market was almost 100% owned
📌 If this pace continues, in just 1-2 months, small competitors can gather 10-15% market share, especially when investor sentiment is starting to be allergic to bots and repeated pump-dumps of
📌 The question is: is it being disrupted slowly? When market confidence is no longer the absolute predominant, the unique position can collapse after just a few weeks of narrative changes.
🚨 Jito explodes profits thanks to Believe fever
📌 While the market is still debating "Is Solana still in waves?", Jito has quietly surpassed the $3.6M mark in revenue per day from validator tips – the highest number in history, up +57% in just a few weeks. Blockspace Solana is selling out, but not everyone can take advantage of it.
📌 On the contrary, the memecoin launch platform that took the meme by storm thanks to last year's meme craze is losing momentum. Trading fell by almost -30%, a sign that the cash flow has shifted away from the slot-machine memecoin style, and started looking for a new playground.
📌 Believe – an emerging launchpad that allows users to "mint tokens on X" with just one comment. No need for a dev, no need for a web, no need for a roadmap – just the syntax: launchcoin + token name. It is easy to go viral, and creates bonding-curve farming extremely quickly. For me, this is a new bottle of old wine, which is also just 2.0 - with a model of charging a fee of 2% per transaction (divided by the creator and platform) turning people into devs to create coins and also exit liquidity providers.
📌 LAUNCHCOIN (the first token on Believe) pumped x30 times (from $12M to $344M MC) in just 4 days. New models are constantly being launched, which has made the cash flow turn around very quickly. Therefore, when the trend has not yet been hot, it has "faded". To see how long this Believe craze will last.
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