Changes in the Solana Ecosystem's Coin Issuing Platform Landscape: Rising New Stars Lead a New Trend in the Industry

Recently, the landscape of issuing coin platforms in the Solana ecosystem has quietly changed. The once-glorious old platforms are gradually losing their luster, while a rising new platform called LetsBONK.fun has quickly emerged as the new favorite among community users. Behind this change, it reflects the shift in user demands and new trends in industry development.

Established Platform: From Pinnacle to Controversy

For more than a year, a well-known platform has dominated the Meme issue coin platform on Solana. Its user-friendly features have attracted a large number of creators and investors, with the platform previously able to launch tens of thousands of Meme projects daily, bringing considerable profits.

However, over time, this platform has also exposed numerous issues:

1. Uneven distribution of earnings: The platform's cumulative revenue exceeds $700 million, but the proportion of users who can obtain substantial returns is less than 5%.
2. Limited ecological contribution: failed to effectively support project growth or provide substantial assistance for community development.
3. Valuation Controversy: The announcement to issue the platform coin raised questions about the valuation of 4 billion USD.

In short, this platform seems to regard users more as tools for profit rather than as co-builders of the ecosystem.

Emerging Platforms: Co-Construction Concept Leading New Trends

In April 2025, the coin issuance platform LetsBONK.fun, led by a well-known Meme coin community, emerged. Its launch performance was remarkable:

• Attracting 800,000 users on the first day, issuing 2,700 coins
• The trading volume exceeded 300 million USD within 24 hours.
• Currently, over 180,000 coins have been issued, far exceeding similar platforms.

The biggest feature of this new platform lies in its "co-construction" philosophy. The platform does not solely pursue its own interests but instead returns most of its revenue to the ecosystem.

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

• 30% used for repurchasing and destroying platform coins
• 25% allocated to staking users
• 20% for ecosystem construction
• 15% allocated to the project party
• 10% as operating funds for the platform

Actual actions demonstrate the platform's sincerity

LetsBONK.fun not only supports project development in concept but also actively supports promising projects with practical actions. Taking $USELESS as an example:

• The platform directly purchases $USELESS coins from the market to establish a fund for the project.
• Use this asset to assist the project in applying for listing on mainstream platforms.
• According to statistics, this initiative has invested over $600,000.

This level of deep support is rare in the Meme coin space, fully reflecting the platform's long-term vision and emphasis on ecological development.

Data Verification User Selection

The latest data shows that LetsBONK.fun has surpassed established platforms in multiple key indicators:

• Token issuance volume: 15,600 vs 11,500
• Market share: 51% vs 39.9%
• The number of popular projects, active users, and daily trading volume are all comprehensively leading.

These achievements are not merely obtained through hype, but stem from the organic combination of the platform and the community, functions, and narratives, representing the development direction of the new generation of issuing coin platforms.

Reasons Users Favor New Platforms

LetsBONK.fun has quickly gained user favor mainly due to the following points:

1. Treat users as co-builders rather than as fodder.
2. Focus on the long-term development of the project rather than short-term speculation.
3. Encourage users to actively participate rather than passively wait.

This理念转变 provides users with a platform for long-term participation and deep development, rather than just a simple issue coin tool.

Overall, the rise of LetsBONK.fun signifies that the Solana ecosystem's issue coin platform is developing towards a healthier and more sustainable direction. This change is beneficial not only for the growth of individual projects but also for the long-term development of the entire ecosystem.