The Rise of Emerging Coin Issuing Platforms on Solana, User Choices Quietly Shift

Recently, the issuing coin boom in the Solana ecosystem has undergone new changes. The once highly sought-after issuing coin platforms have gradually faded from people's sight, replaced by the rise of a new emerging platform. This change reflects the shift in user demand and reveals new trends in the relationship between platforms and communities within the cryptocurrency ecosystem.

From Dominance to Controversy: The Decline of Established Platforms

In the past year, a certain established platform has dominated on Solana, becoming the most popular issuance channel for Meme coins. Its simplicity and ease of use attracted a large number of creators and investors, once setting a record of over ten thousand Meme projects launched in a single day, bringing substantial profits to the platform.

However, over time, the problems of this platform gradually became apparent:

• The platform's cumulative revenue has exceeded 700 million dollars, but the user return rate is low, with less than 5% of users being able to profit over 1000 dollars.
• Lack of ongoing support for the project, failing to create long-term value for the community or ecosystem.
• The valuation reached 4 billion dollars when announcing the issuance of the platform coin, sparking controversy.

In short, this platform has been criticized for excessively pursuing its own interests while neglecting the long-term development of users and the ecosystem.

Rising Star: Co-Building Philosophy Wins Favor

In April 2025, a new platform led by the Meme coin community was born, quickly attracting market attention:

• On the first day of launch, it attracted 800,000 users to participate and issued 2,700 coins.
• Trading volume exceeded 300 million USD within 24 hours.
• Currently, over 180,000 coins have been issued, far surpassing similar platforms.

The biggest feature of this new platform is that it returns profits to the ecosystem, reflecting the true spirit of "co-construction."

For example, based on the data from July 7, 2025, the total income of the platform on that day was 68,768 SOL, and the distribution was as follows:

• 30% used for repurchasing and destroying platform tokens
• 25% allocated to coin holders
• 20% for ecosystem construction
• 15% allocated to community contributors
• 10% as platform operation fee

Substantive Support: From Encouragement to Actual Investment

The new platform not only supports project development conceptually but also provides actual financial support. For example, it directly purchased tokens from the market for a project named $USELESS, establishing a project fund and assisting it in applying for listings on major exchanges, investing over $600,000. This approach is groundbreaking in the field of Meme coins.

User's Choice: Data Speaks Volumes

By July 2025, the new platform has surpassed the old platform in multiple indicators:

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

These achievements are not merely reliant on hype, but are the result of a new platform combined with community, functionality, and narrative.

Reasons Behind User Choices

The new platform has gained user favor mainly for the following reasons:

1. Treat users as co-creators rather than mere participants.
2. Focus on the long-term development of the project, rather than short-term profits.
3. Encourage actual participation and contribution, rather than daydreaming.

This method provides users with a platform for long-term participation and deep development, rather than just a short-term speculative tool.

Overall, the rise of new platforms reflects the cryptocurrency community's demand for a more equitable and sustainable development model, and provides new ideas for the future development of the entire industry.