Crypto
$STONK Surges 58% as StonkFun Taps Raydium's LaunchLab
StonkFun ($STONK), a Solana-based meme launchpad, saw its native token surge by 58.1% to $0.1487 on September 7, 2026, according to Bitget.
The rapid price increase drew attention from the platform and the wider Solana ecosystem, with StonkFun crossing $100 million in trading volume within just 11 hours of its activity spike.
Approximately 30,000 holders accumulated during this time, and total trading volume on StonkFun exceeded $392 million, with $219 million routed through Raydium.
The integration with Raydium's LaunchLab was cited as the primary catalyst behind STONK's breakout move, which also had a visible spillover effect across the Solana ecosystem, with both RAY and JUP rallying alongside STONK's move.