š Week in Solana: Jupiter, Bonk and Pump(.)fun Duke it Out In Launchpad Wars.
SOL holds steady at $150! TVL maintains $10.16B! BONK rockets 65%! Jupiter Studio launches with $100M day-one volume! LetsBonk flips Pump(.)fun in daily metrics!
Let's dive into Solana's momentum. š§µ
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š Market Overview:
SOL stays at $150 even as Bitcoin reaches $110.3K. Ecosystem tokens only add 1% to market cap, and trading volume drops 12%. Yet, SolanaETF sees $21.6M inflows, the most in 69 weeks. DeFi Development Corp adds $2.7M in SOL, and Amber Group plans a $25.5M digital asset investment, including SOL.
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š¦ DeFi & Ecosystem Metrics:
TVL drops marginally to $10.16B, maintaining #2 position behind ETH's $69.4B. DEX volume rebounds 11% to $2.5B after two consecutive weeks of decline. First US Solana staking ETF (SSK) debuts with $12M inflows and $33M trading volume on day one.
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āļø Launchpad Battle Explosion:
š¹ Jupiter Studio launched on July 3, generating $100M in volume on the first day for @jupiterexchange.
š¹ LetsBonk from @bonk_inu overtakes @Pumpdotfun in daily revenue and trading volume short term. Pump(.)fun maintains monthly dominance.
š¹ BONK surges 65% driven by @Bonk_funās momentum.
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šÆ Performance Leaders:
Top gainers: BONK (+65%), MOODENG (+30%), REKT (+29%), AURA (+27%), USELESS (+26%).
Major losers: WHITE (-49%), KEEP (-35%), ZBCN (-24%), CHEX (-15%), JTO (-13%).
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