💙 Gate Square #Gate Blue Challenge# 💙
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📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re
Bonk Leads New Landscape for Solana Launchpad: Analysis of Competition in Data Platforms
The competition for dominance in the Launchpad is intensifying, and data from the past month shows that the newcomer Bonk is currently far ahead in revenue on the Solana Launchpad. By deeply analyzing Bonk's rise trajectory, we can discover some interesting trends.
Before Bonk rose, another platform issued a stable daily amount of 30,000 to 40,000 tokens. Since Bonk entered the competition, although the total token issuance across platforms has remained relatively stable, Bonk's daily issuance has exceeded 25,000 tokens, while competitors have dropped to below 10,000.
As the number of Bonk tokens rises, its market capitalization also increases. The expansion of platform market share has driven the increase in high market capitalization tokens, with the number of tokens exceeding 1 million dollars in market value showing an upward trend.
Data shows that in the past week, most of the tokens with the highest market capitalization are from the Bonk platform. The simultaneous rise in issuance, trading volume, and market capitalization seems to be forming a virtuous cycle, attracting more traders to favor the tokens issued by Bonk.
Interestingly, although Bonk leads on several metrics, the proportion of high-frequency traders on its competitor platforms is higher. This may suggest that professional traders or trading bots are more active on those platforms, which is particularly striking considering Bonk's overall rise.
Another trend worth noting is that more than two-thirds of the trading volume on the Bonk platform comes from third-party trading applications. In contrast, this figure for its competitors has dropped from previously over half to the current approximately 30%.
A few months ago, the market landscape was quite different, with competitors firmly holding the market dominance. However, in recent weeks, the rise of Raydium and Bonk has dramatically changed the token issuance market. As competitors have recently completed financing and launched new tokens, the industry is closely watching their next moves to respond to this fierce market competition.