The rise of new contenders in the Solana issue coin platform, users' choices are quietly changing

Recently, the trend of issuing coins within the Solana ecosystem is undergoing subtle changes. The once-popular coin issuing platforms are gradually fading from people's sight, replaced by the rise of a new emerging platform. Behind this "platform shift" reflects a transformation in user demand and a reshaping of the market landscape.

The Decline of the Former Dominator

In the past year, the most popular Meme issue coin platform in the Solana ecosystem has taken the lead. It is known for its simplicity of operation, allowing the issuance process to be completed in just a few steps, attracting a large number of creators and speculators. At its peak, the platform could launch tens of thousands of Meme projects daily, generating substantial income.

However, over time, problems gradually came to light:

• The platform's cumulative revenue has exceeded 700 million dollars, but user earnings are relatively limited.
• Data shows that less than 5% of users can earn more than $1000.
• The platform has not effectively supported project growth, nor has it made substantial contributions to the community or ecosystem.
• The platform announced the issuance of its own coin, valued at up to 4 billion USD, sparking controversy.

In short, the platform profits greatly, while most users become "also-rans".

The Rise of the New Stars

In April 2025, a new issue coin platform led by the Meme coin community emerged. Its arrival immediately attracted widespread attention:

• Attracting 800,000 users on the first day of launch, issuing 2,700 coins.
• The trading volume exceeded 300 million USD in 24 hours.
• So far, more than 180,000 coins have been issued through this platform, far exceeding similar platforms.

The biggest feature of this new platform is that it does not simply harvest users, but instead returns income to the ecosystem.

The Real "Co-Building Platform"

Taking the on-chain distribution data as of July 7, 2025 (total revenue 68,768 SOL):

• 50% for repurchasing and burning platform tokens
• 25% allocated to coin holders
• 15% for ecosystem development
• 10% as platform operating expenses

This revenue distribution model reflects the concept of joint development between the platform and the community.

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 the tokens of a new project from the market, establishes a project library for it, and assists in applying for listing on a first-tier exchange. It is reported that this initiative has invested over $600,000.

In the field of Meme coins, this level of deep support can be considered groundbreaking. While the old platform profited from community enthusiasm, it failed to provide resources for the continuous development of projects; on the other hand, the new platform actively promotes projects to reach a larger stage.

Data Witnesses Transformation

As of the latest data in July 2025:

• The new platform's coin issuance reached 15,600, exceeding the old platform's 11,500.
• New platform market share 51%, old platform decreased to 39.9%
• Fully leading in metrics such as the number of popular projects, active users, and daily trading volume.

These achievements are not simply obtained through "hype", but are the result of an organic combination of community, functionality, and narrative.

Behind User Choices

The reason users favor the new platform is that it conveys a brand new concept:

• Participants are no longer passive "chives", but co-builders of the ecosystem.
• The project is not a target for short-term speculation, but rather an entity with potential for long-term development.
• Participation is no longer a fantasy, but a feasible action.

This also explains why so many users are flocking to this platform. They are not just looking to issue a coin, but are also seeking an ecological space that allows for "long-term participation and deep development."