- In a notable shift, Raydium’s LaunchLab graduated 198 tokens in 24 hours for the first time beating Pump.fun’s 171 graduates.
- While Pump.fun leads in total token creation, LaunchLab demonstrates stronger follow-through with a higher graduation rate, signaling deeper project engagement.
- The BONK token based ecosystem played a major role in the graduate volume of LaunchLab indicating the importance of sub-communities in token platform dynamics.
In the past 24 hours, Raydium’s LaunchLab has seen a marked change in the activity of tokens, surpassing Pump.fun in graduate volume. For the first time, there are more new token graduates on LaunchLab than on Pump.Fun.
According to data provided, the Token issuance platform LaunchLab under Raydium graduated 198 tokens in the last 24 hours compared to the Pump.fun’s token graduation numbers which were 171. The difference, however small, is significant, as LaunchLab aims to break the previously untouchable dominance of Pump.fun.
LaunchLab Sees Higher Token Maturity Rate Than Pump.fun
While Pump.fun still leads in token count with 23,073 new tokens in the past 24 hours, LaunchLab trails with 15,558. Yet, a different picture is painted by the number of graduates – projects attaining the post-launch level. There are more LaunchLab tokens maturing into graduate status than on Pump.fun.
This shift indicates an increased rate of transition from the launch to the graduate phase of the LaunchLab ecosystem. LaunchLab graduates have also increased, which reflects better retention or greater project follow-through on the platform. The move from token minting to graduation shows relevance in project activity that has increased on LaunchLab.
BONK’s Influence on LaunchLab’s Graduate Surge
Notably, the surge in LaunchLab graduates appears closely tied to activity from Bonk_fun according to analyst Adam. The majority of the latest graduates in the 24-hour period have emerged from the BONK-based token community. Such a concentration of graduates from one sub-platform may explain how LaunchLab experienced an unexpected increase in numbers.
It is uncertain whether this is a one-off blast or the start of a trend. However, it emphasizes BONK’s developing position in LaunchLab’s increasing momentum. The figures highlight how sub-communities can have an impact on wider token ecosystem numbers within a short period.
Competition Begins to Tighten
While Pump.fun continues to dominate total token generation, LaunchLab’s performance in graduate volume introduces a new competitive angle. With LaunchLab producing more graduates despite fewer token launches, the gap between the platforms in project maturity has started to close.
The current 24-hour data reveals a market dynamic where quantity no longer guarantees dominance. Graduate volume presents a new metric for platform comparison. For now, LaunchLab leads in that category, as the competition between these platforms intensifies.
