Bonk_fun has surpassed Pumpdotfun in trading volume and revenue for the first time in July 2025, marking a significant shift in the trading landscape. This development underscores Bonk_fun's increasing influence in the market, as it continues to attract more traders and investors. The change in market dynamics comes as Pumpdotfun prepares for the anticipated launch of its PUMP token, which could potentially alter its competitive stance. However, Bonk_fun's recent performance indicates a strong foothold in the market, challenging Pumpdotfun's previous dominance.