Solana newcomer Heaven sweeps 15% of the market! The "God Wheel" model ignites a token launch frenzy.

The Solana (SOL) ecosystem welcomes a dark horse - the brand new token issuance platform Heaven, which has seized 15% of the market share just one week after its launch on August 15. With its innovative “God Flywheel” model and virtual liquidity mechanism, it has quickly surpassed multiple competitors. The platform not only drives a surge in token issuance but has also generated over $3.8 million in transaction fee revenue in just 10 days, becoming the most notable growth engine in the Solana ecosystem recently.

10 days generate 3.8 million dollars, token issuance exploded

(Source: The Block)

Heaven’s launch day saw the issuance of over 5,000 Tokens, and on the fifth day, it set a historical high of nearly 9,000 Tokens. According to the data, the platform sees an average of about 4,100 new Tokens created each day, demonstrating extremely high user engagement and issuance activity.

In just 10 days after launching, Heaven’s transaction fee revenue exceeded 3.8 million dollars, a speed that is extremely rare among platforms that launch Solana tokens, demonstrating the efficiency and attractiveness of its business model.

Virtual Liquidity Mechanism: Reduce Price Impact, Quickly Initiate Transactions

Unlike the joint curve used by traditional Launchpads, Heaven injects “virtual liquidity” into each new token pool, equivalent to pre-setting a trading depth of about 35 SOL for the pool.

This design has two major advantages:

1. Reduce initial price volatility: Minimize the impact of the token launch price.

2. Instant AMM trading: Users can engage in liquidity trading immediately after token issuance, boosting market activity.

In addition, Heaven adopts a tiered fee system:

When the market capitalization of the coin is below $100,000, the trading fee is 1%.

After the market value exceeds 100,000 USD, the transaction fee for community coins drops to 0.25%, while the creator coin is at 0.5%.

“God’s Ferris Wheel” model: 100% income buyback and burn LIGHT

Heaven’s most disruptive innovation lies in its “God Wheel” model—100% of the protocol revenue will be used to buy back and burn the native Token LIGHT.

LIGHT was issued three days before its launch on Heaven, with a market value of only $15 million at that time. As platform trading and launch activities heated up, the price of LIGHT soared to a historical high of $130 million within a week, and its current market value is approximately $33 million.

This “income-to-repurchase” model directly ties platform growth to Token value, creating a strong positive feedback loop that attracts users and investors to continue participating.

Solana Token Launch Market Landscape May Reshape

The rapid rise of Heaven demonstrates the strong demand for innovative Launchpads in the Solana ecosystem.

Market share: Secured 15% token issuance market share within one week of launch.

Model Innovation: Virtual Liquidity + God Wheel, balancing liquidity depth and token value support.

Growth potential: As more projects choose to launch on Heaven, the buyback and burn mechanism of LIGHT is expected to continuously enhance its scarcity and price.

Industry observers believe that if Heaven can maintain its current growth rate and user stickiness, it is expected to challenge Solana’s leading position in the token issuance market in the future.

Conclusion

The emergence of Heaven has not only changed the competitive landscape of the Solana token issuance platform but also brought new ideas to the token economic model. The “God Flywheel” model closely ties the platform’s revenue to token value, while virtual liquidity lowers the market threshold for launching new coins. For investors, this may be an important window to observe the next wave of rise opportunities in the Solana ecosystem. For more real-time market data and in-depth analysis, please follow the official Gate platform.