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Solana's largest DEX Raydium has announced the launch of LaunchLab, the token launch tool, to cope with the impact of Pump Fun and PumpSwap. LaunchLab's Bonding Cuvre needs to hit 85 SOL to migrate to Raydium, which is higher than Pump Fun. Additionally, 25% of the transaction fees incurred by LuanchLab is used to repurchase RAY. Previously, Pump Fun launched its own DEX PumpSwap, and tokens graduated from Pump Fun Bonding Curve will migrate liquidity directly to PumpSwap without using Raydium. Yesterday, PumpSwap trading volume reached US$478 million, a record high. #Canada launches SolanaETF #Binance launches WCT #US semiconductor tariffs