Raydium and Pump.fun AMM rivalry intensifies as Raydium introduces LaunchLab, a token launchpad mirroring Pump.fun's features. This move follows Pump.fun's announcement of developing its own automated market maker (AMM), challenging Raydium's liquidity dominance. LaunchLab offers various bonding curves and supports multiple quote tokens, aiming to retain market share in the evolving Solana ecosystem.