As a London-based blockchain analyst with a focus on DeFi security and tokenomics, I dive into Solana’s evolving memecoin ecosystem in June 2025. From Pumpfun’s impending $10B ICO to Axiom dominating trading terminals and the quiet rise of platforms like LetsBonk and Believe, this is no longer just a hype cycle—it’s a structural shift. Data reveals clear patterns: U.S. daytime peaks, declining but persistent activity, and an emerging race between distribution power and technical superiority. This analysis combines Dune dashboards, real-time metrics, and cold logic—no emotion, just math.