Solana News Today: Pump Token Surges 26% as Bonk Coin Slides 14% in Solana Memecoin Shift

Pump Token appears to be mounting a resurgence in Solana’s memecoin arena, challenging the recent dominance of Bonk Coin amid shifting market dynamics. Over the past week, Pump Token saw a 26% price increase, trading at $0.003105 with over $650 million in volume, while Bonk Coin dropped 14%, slipping from $0.00003565 to $0.00003062 as over 2.6 trillion tokens moved between exchanges [1].

Pump Token’s recovery has been supported by aggressive buybacks and strategic marketing. On July 28, the project allocated 12,000 SOL ($2.16 million) to a buyback pool, signaling confidence to traders. This effort helped Pump Token break through a key resistance level that had constrained its price since mid-July. Despite daily revenues falling to $293,187—the lowest since September 2024—leadership has doubled down on buybacks and DEX partnerships across the Solana network [1].

Pump Token’s market position has also improved, with its market cap rising above $1.1 billion and its ranking on CoinMarketCap climbing to 72 from 85 a month ago. The token’s circulating supply of 354 billion PUMP has attracted attention from traders seeking exposure to the next major Solana opportunity [1].

Bonk Coin, on the other hand, has seen its momentum stall amid increased selling pressure. Institutional exits and a risk-off environment have led to a significant outflow from whale wallets, contributing to the recent price pullback. Bonk.fun had gained traction through community-led initiatives, including burns, NFT integrations, and gamified campaigns, which had driven daily token transfers above 5 trillion last week. However, its large max supply of over 85 trillion BONK limits its potential for sustained price surges without continued burns or new use cases [1].

The current competition between Pump Token and Bonk Coin reflects broader shifts in Solana’s memecoin landscape. Both tokens have leveraged community engagement and innovative marketing to gain traction, but the market is now testing the sustainability of each platform’s strategy. Pump Token’s focus on buybacks and whale accumulation suggests a potential rebound in demand, while Bonk Coin’s larger volume and established community provide a strong foundation—but also make it more exposed to broader crypto market declines [1].

Beyond the Pump vs. Bonk rivalry, projects like Remittix (RTX) are beginning to carve out their own niche on Solana. RTX’s recent $250,000 community giveaway has driven a 420% increase in wallet sign-ups, highlighting growing interest in utility-driven tokens. As its Q3 2025 beta launch approaches, RTX aims to support over 40 assets with real-time foreign exchange services, offering a more practical alternative to speculative memecoins [1].

The battle for Solana’s memecoin crown remains unresolved, with both Pump Token and Bonk Coin demonstrating strengths and weaknesses. Traders and developers will closely watch how each platform adapts to market conditions and user preferences in the coming weeks, as the winner could shape the trajectory of the Solana ecosystem for months to come [4].

Source:

[1] A Shift in Solana's Memecoin Market: LetsBonkFun Overtakes Pump.fun · Lisa walter - July 10, 2025 (https://coinedition.com/tag/solana-sol/)

[2] snorter: News & Updates - CryptoDnes EN (https://cryptodnes.bg/en/tag/snorter/)

[4] Daily Crypto News | Substack (https://dailycryptonews.net/)