The New Era of Coin Issuing Platforms on Solana: Co-creation and Reciprocity Become Mainstream

Recently, the landscape of issuing coin platforms in the Solana ecosystem has quietly changed. The once-popular platforms are gradually losing their luster, while a new emerging platform is rapidly rising, winning the favor of many users. This change reflects a new expectation from users regarding the operational philosophy of the platforms.

The Decline of the Former Dominator

In the past year, a well-known platform has dominated the Meme issue coin space on Solana. Its simple operation process has attracted a large number of creators and investors, with thousands of Meme projects being launched in a single day at peak times, bringing considerable profits to the platform.

However, as time goes by, problems gradually come to light:

• The platform's cumulative revenue exceeds 700 million dollars, but the user return rate is low, with less than 5% of users making profits over 1,000 dollars.
• Lack of support for project growth and failure to make substantial contributions to the community or ecosystem.
• The announcement of issuing the platform coin was valued at up to 4 billion dollars, causing controversy.

In short, the platform profits significantly, while users have become "tools for running alongside".

The Rise of New Stars: Co-Building Concepts Lead the Trend

In April 2025, a new issue coin platform led by the Meme coin community emerged, quickly attracting market attention with its unique operational philosophy.

Outstanding performance of the new platform:

• On the first day of launch, attracted 800,000 users to participate, issued 2,700 coins.
• Trading volume exceeds 300 million USD within 24 hours
• A total of over 180,000 coins have been issued so far, far exceeding similar platforms.

The most crucial aspect is that this platform adopts a brand new revenue distribution model, returning most of the income to the ecosystem.

Taking the on-chain data from July 7, 2025 as an example, the total revenue of 68,768 SOL for that day is distributed as follows:

• 30% used for buyback and destruction of platform tokens
• 25% allocated to staking users
• 20% for project incubation
• 15% as platform operating fees
• 10% allocated to community contributors

Substantive Support: From Concept to Action

The new platform not only supports project development verbally but also takes practical actions to support high-quality projects. For example, the platform has directly purchased certain project tokens from the market, established a project funding pool, and assisted in applying for listings on well-known exchanges, investing over 600,000 USD.

This level of deep support is rare in the Meme coin space, demonstrating the platform's commitment to long-term ecological development.

Data Witnesses Change

By July 2025, the new platform has already surpassed the old platform in several key metrics:

• The token issuance reached 15,600, exceeding the old platform's 11,500.
• Market share 51%, old platform dropped to 39.9%
• Leads comprehensively in terms of the number of popular projects, active users, daily trading volume, etc.

This series of achievements is not obtained solely through hype, but is derived from the deep integration of the platform with the community, functionality, and narrative, representing the development direction of the new generation of issue coin platforms.

Behind User Choices

The reason why the new platform can rise rapidly lies in the core concept it conveys:

1. View users as co-builders, not as speculative investors.
2. Focus on the long-term development of the project, rather than short-term benefits.
3. Encourage actual participation and contribution, rather than just daydreaming.

This concept has attracted a large number of users, who are not only looking to issue coins but also seeking an ecological space where they can "participate long-term and develop deeply."

The story of this "platform shift" reflects how the cryptocurrency industry is evolving towards a more mature and responsible direction. Users are no longer satisfied with mere speculation; instead, they crave genuine involvement in the construction of projects. This transformation may lead the entire industry into a new stage of development.