Solana Ecosystem Launch Platform StonkFun has recently attracted attention due to token destruction and platform revenue data. According to reports from Coinpedia, at current prices, the platform has destroyed tokens worth over 40 million US dollars in total, which accounts for 14.4% of the total supply.
Destruction and rewards are advanced in tandem.
In addition to reducing the circulating supply, StonkFun also distributed over $30 million in rewards to ecosystem holders. Reports suggest that this combination of "destruction + rewards" is directly linking platform activity with returns for holders.
As the relevant data rises, the market attention for STONK has also increased, and its market value has surpassed 250 million US dollars.
Platform revenue has exceeded PONS for two consecutive days.
StonkFun was launched on August 23rd, allowing users to create token pairs related to stocks, commodities, currencies, meme assets, and leveraged assets on the platform. This platform operates based on Raydium and provides functions such as trading, creation, and ecological incentives.
In terms of liquidity and exposure, STONK has previously been listed on global crypto exchanges such as HTX. At the same time, StonkFun's daily revenue in the past two days has also exceeded that of the launch platform PONS on Robinhood Chain.
- StonkFun The one-day handling fee income is 1.355 million US dollars.
- PONS Daily handling fee revenue amounted to 1.21 million US dollars.
- StonkFun has had earnings higher than PONS for two consecutive days.
Although the gap between the two is not very large, this change indicates that Solana has regained a certain advantage in the competition among meme coin launch platforms.
$0.32 becomes a key level for short-term trading
The report mentions that, looking at the 4-hour trend, STONK is still within an upward channel and is currently testing the upper edge of this channel. $0.32 is considered an important resistance level in the short term.
If the price breaks above $0.32, there could be further upside potential; however, if this level cannot be breached for a long time and selling pressure increases, the price may fall back to around $0.20 or even lower.
The current focus of the market remains on three main aspects: the continuous destruction of tokens, the rewards for holders, and whether the platform's transaction fee revenue can continue to grow.
