BONK has surpassed Pump.fun in bonded SOL volume within the Solana memecoin ecosystem, capturing 53.2% of bonded activity as of July 6. This marks a significant milestone for BONK, suggesting a shift in trader preferences towards more sustainable protocols. Pump.fun, which initially led the market with its bonding curve model since its launch in January 2024, has seen a decline in daily volume. Meanwhile, BONK's SOL-bonded activity has increased nearly 50% in total value locked (TVL) since early May, reflecting growing user commitment. This trend positions BONK as a potential leader in Solana's memecoin market by Q3.