Transformation of Issuing Coin Platforms on Solana: From Sole Profit to Co-building Ecosystem

Recently, a notable change has occurred in the Solana ecosystem. The once-popular issue coin platform has gradually lost favor with users, making way for the rise of an emerging platform. This transformation is not just a simple replacement of platforms, but rather represents a deep-seated shift in users' demands for platform philosophy and operational models.

The Decline of the Old Platform: From Glory to Controversy

In the past year, the most popular Meme issue coin platform on Solana achieved remarkable success. It is known for its ease of use, allowing anyone to easily issue their own tokens, attracting a large number of creators and investors. At its peak, the platform could launch tens of thousands of Meme projects daily, generating considerable revenue for the platform.

However, as time goes by, problems gradually emerge:

1. The platform's revenue and user returns are severely imbalanced. According to statistics, the platform's total revenue exceeds 700 million dollars, but less than 5% of users can earn more than 1,000 dollars.

2. Lack of ongoing support for the project. The platform has failed to provide the necessary resources for the project's long-term development.

3. Insufficient ecosystem development. The platform has failed to effectively give back to the community or promote ecosystem growth.

4. The platform coin plan has sparked controversy. When the issuance of the platform coin was announced, its valuation reached 4 billion USD, raising doubts in the market.

These factors have led users to gradually lose confidence, believing they have become tools for the platform's profit.

The Rise of New Platforms: Co-Building Philosophy Leads the Trend

In April 2025, a new issue coin platform led by the Meme coin community was launched. The emergence of this platform immediately attracted widespread attention:

• On the first day of launch, it attracted 800,000 users to participate, issuing 2,700 coins.
• The trading volume exceeded 300 million USD in the last 24 hours.
• More than 180,000 coins have been issued so far, far exceeding similar platforms.

The core concept of the new platform is to return the platform's revenue to the ecosystem, truly realizing "co-construction". Taking the data from July 7, 2025, as an example, the total revenue for that day was 68,768 SOL, and its distribution is as follows:

• 50% for repurchasing platform tokens
• 20% allocated to coin holders
• 20% for ecosystem development
• 10% as platform operation fee

This allocation method ensures the alignment of interests between the platform, users, and the ecosystem.

Substantive Support: From Concept to Action

The new platform not only emphasizes co-building in its理念, but also supports project development through practical actions. For example, the platform once directly purchased a certain coin from the market, established a project treasury, and assisted in applying for listing on a well-known exchange. It is reported that this initiative has invested over $600,000.

This unprecedented support method demonstrates the platform's commitment to the long-term development of projects, contrasting sharply with the old platform.

Market Reaction: Users Vote with Their Actions

Recent data shows that the new platform has surpassed the original platform in several 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 leading.

These data reflect users' recognition of the new platform model.

Behind User Choice: Co-Building, Growth, and Participation

The reasons users choose a new platform can be summarized as follows:

1. Role Transition: From Passive "Leeks" to Active Co-Builders
2. Project Vision: From Short-term Speculation to Long-term Development
3. Participation method: From simply "dreaming" to practically "doing"

The new platform provides users with a space where they can not only issue coins but also participate and develop deeply in the long term. This model meets users' demands for sustainable development and deep participation, becoming a key factor in its rapid rise.