The landscape of Solana's ecosystem issue coin platform is quietly changing

Recently, the trend of issuing coins in the Solana ecosystem is quietly changing. The once popular coin issuance platforms are gradually losing their luster, while a new emerging platform is rapidly rising, attracting the attention of a large number of users. This change reflects the shift in user expectations towards coin issuance platforms.

The Rise and Fall of the Old Platform

Over the past year, a well-known issue coin platform has dominated the Solana ecosystem. It is known for its ease of use, allowing users to complete token issuance in just a few steps, attracting a large number of creators and investors. At its peak, the platform could launch tens of thousands of Meme projects daily, bringing substantial profits to the platform.

However, over time, the platform's problems gradually became apparent:

1. The platform has substantial revenue, exceeding 700 million dollars, but user benefits are limited. Data shows that less than 5% of users can earn over 1000 dollars.
2. The platform has not effectively supported the growth of the project, nor made substantial contributions to the community or ecosystem.
3. The platform announced the issuance of its own coin, valued at up to $4 billion, sparking controversy.

In short, the platform profits greatly, but users have become "running tools".

The Rise of the New Platform

In April 2025, a new issue coin platform led by a well-known Meme coin community was launched. The platform attracted widespread attention as soon as it was launched:

• On the first day of launch, it attracted 800,000 users to participate and issued 2,700 coins.
• The trading volume exceeded $300 million in the last 24 hours.
• So far, over 180,000 tokens have been issued through this platform, far surpassing similar platforms.

The most notable feature of the new platform is its revenue distribution model. Unlike the harvesting model of traditional platforms, the new platform returns revenue to the ecosystem. Taking the on-chain data from July 7, 2025, as an example, the total revenue that day was 68,768 SOL, distributed as follows:

• 30% used for buyback of platform tokens
• 25% allocated to coin holders
• 20% for ecosystem development
• 15% as platform operating funds
• 10% for liquidity incentives

The Symbiotic Relationship Between Platforms and Projects

The new platform not only supports project launches but also provides substantial financial support. For example, the platform directly purchases tokens from the market for a certain project, establishes a project fund, and assists in applying for listing on well-known exchanges. Reportedly, this initiative has invested over $600,000, pioneering the field of Meme coins.

Change in User Choice

The latest data shows that the new platform has surpassed the old platform on multiple metrics:

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

This change is not solely based on speculation, but rather the result of a new platform organically combining community, functionality, and narrative.

Reasons Users Prefer New Platforms

The reason the new platform is popular is mainly because it conveys the following message:

1. Users are no longer passive participants, but co-builders of the ecosystem.
2. The project is not a target for short-term speculation, but rather a goal for long-term development.
3. Participation is not just a fantasy, but a practical action.

This concept has attracted a large number of users, who are not only looking to issue coins but are also seeking a platform for long-term participation and in-depth development.