The Memecoin launchpad market landscape has already taken shape. According to the latest data, the market share distribution of launchpad platforms in the Solana ecosystem shows a highly concentrated trend: PumpFun leads with an absolute 71.2% share, making it the top choice for memecoin issuance. Next, Meteora DBC holds 18.4%, a significant gap but still maintaining a second-tier position. LetsBonkFun ranks third with 7.27%, while the remaining Bags (0.719%) and Jup Studio (0.235%) have smaller market shares. This distribution reflects the strong appeal of leading platforms, which leverage first-mover advantages and user bases—new project teams tend to prefer platforms with concentrated traffic and more successful cases for token issuance. For participants, understanding this market concentration helps evaluate the risk-return characteristics and ecosystem activity levels of different launchpads.