The Rising Star on Solana: The Emergence of a Collaborative Issue Coin Platform

Recently, a notable new issue coin platform has emerged in the Solana ecosystem, gradually replacing the existing mainstream choices. This change reflects a subtle shift in community user preferences and reveals an interesting story about the platform's operational philosophy.

From Dominance to Controversy

In the past year, the most popular Meme issue coin platform on Solana has attracted a large number of creators and investors with its simple operating process. At its peak, the platform could launch tens of thousands of Meme projects daily, bringing substantial profits to the platform.

However, over time, some issues gradually came to light:

• The platform's cumulative revenue exceeds 700 million USD, but user benefits are limited.
• Less than 5% of users can earn over $1000.
• Lack of support for project growth and ecosystem construction
• The valuation reached 4 billion USD when announcing the issuance of the platform coin.

In short, this platform seems to be more focused on its own interests rather than the long-term development of users and the ecosystem.

The Rise of a New Platform

In April 2025, a new issue coin platform led by the Meme coin community emerged impressively. Its launch performance is eye-catching:

• Attracting 800,000 users on the first day, issuing 2,700 coins.
• Trading volume exceeded 300 million US dollars within 24 hours.
• A total of over 180,000 coins have been issued to date, far exceeding similar platforms.

The uniqueness of this new platform lies in its revenue distribution model. Taking the on-chain data from July 7, 2025, as an example, the total revenue of 68,768 SOL is distributed as follows:

• 30% used to buy back and destroy platform tokens
• 25% allocated to coin holders
• 20% for ecosystem development
• 15% allocated to the development team
• 10% for marketing

Substantial Project Support

The new platform not only supports project development in concept but also provides actual financial support. For example, they directly purchase tokens of a new project from the market, establish a project fund, and assist in applying for listings on major exchanges. It is reported that this initiative has invested over $600,000, which is unprecedented in the Meme coin space.

User's Choice

The latest data shows that the new platform has surpassed the original platform in multiple key metrics:

• The total issuance of the token reached 15,600, surpassing the competitor's 11,500.
• Market share of 51%, leading competitors by 39.9%
• Fully leading in terms of the number of popular projects, active users, and daily trading volume.

This success is not merely reliant on hype, but stems from a new generation of issue coin models that combine community, functionality, and narrative.

The Attractiveness of the New Platform

The reason users choose the new platform lies in the core concept it conveys:

1. Users are co-builders, not objects to be harvested.
2. The project is for long-term development, not short-term speculation.
3. Participation is for actual contribution, not for daydreaming.

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