LetsBonk stuns Solana memecoin launchpad rankings: Finance Redefined
2025-07-11 18:13:41
Main Idea
LetsBonk overtakes Pump.fun in daily revenue on Solana, while trends like TradFi-DeFi convergence, RWA adoption, and OpenSea's expansion highlight key developments in the crypto space.
Key Points
1. LetsBonk, a Solana memecoin launchpad, generated $1.04M in 24-hour revenue, surpassing Pump.fun's $533,412, though Pump.fun remains dominant in monthly revenue.
2. JPMorgan executive Nelli Zaltsman predicts TradFi and DeFi convergence within years, citing an 'asset agnostic' approach and regulatory adaptability.
3. Projective Finance launched a $7M lending pool for Illinois public schools' solar projects, offering DeFi investors exposure to government-backed initiatives without crypto assets.
4. OpenSea acquired mobile-focused Rally to expand beyond NFTs, aiming to develop an 'onchain everything app' with token trading capabilities.
5. Security researchers prevented a $10M DeFi backdoor exploit targeting uninitialized ERC-1967 proxy contracts.
Description
Solana’s memecoin race gets a shakeup as LetsBonk overtakes Pump.fun in daily revenue, while TradFi and DeFi move closer to convergence.
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