Pump.fun’s share of launchpad fees dropped to 26.7% in the week to July 14 following the surge of platforms on Robinhood Chain, then rebounded to 51.7% four weeks later, its highest in 90 days. Total launchpad fees reached $75.39 million over the 30 days to Aug. 11, up 77% from $42.53 million in the prior period. Solana and Robinhood Chain now generate nearly identical launchpad revenues, around $33.6 million each over 30 days, with Robinhood Chain growing 236%. The memecoin sector remains 83% below its December 2024 peak of $150.6 billion in market capitalization.
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