A New Star in the Solana Ecosystem: The Rise of Collaborative Coin Issuing Platforms

Recently, the coin issuance craze within the Solana ecosystem has undergone new changes. A platform named LetsBONK.fun is quietly rising, attracting more and more attention. Some believe that this emerging platform is replacing the former dominant position. Let's explore the story behind this “platform shift.”

The Decline of the Former Dominator

In the past year, a well-known issue coin platform has dominated on Solana. It is known for its ease of use, attracting a large number of creators and investors. At its peak, the platform was able to launch tens of thousands of Meme projects daily, generating significant profits.

However, as time goes by, problems gradually emerge:

1. The platform's cumulative revenue exceeds 700 million dollars, but the user return rate is low.
2. Less than 5% of users can profit more than 1000 dollars.
3. Lack of support for project growth
4. Limited contribution to the community and ecosystem
5. Announce the issuance of the platform coin, with a valuation of up to 4 billion dollars.

In short, the platform profits handsomely, while users have become “tools for running alongside.”

The Rise of Emerging Platforms

In April 2025, a coin issuing platform led by the Meme coin BONK community quietly went live. Its performance is remarkable:

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

The biggest feature of this new platform is: it returns income to the ecosystem, truly realizing the concept of “co-construction”.

Income Distribution Transparency

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

• 30% used for repurchasing BONK
• 25% allocated to BONK stakers
• 20% used to support new projects
• 15% as platform operation fee
• 10% allocated to BONK DAO

Support Project Growth

The new platform not only supports project launches but also provides substantial financial support. For example, $USELESS :

• The platform directly purchases $USELESS tokens from the market to establish the project fund.
• Use this asset to help the project apply for listing on mainstream exchanges.
• According to statistics, the measure has invested over 600,000 US dollars.

This level of support is unprecedented in the Meme coin space.

User's Choice

The latest data shows that the new platform has surpassed the old platform in several aspects:

• 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 in a leading position.

The Key to a Successful New Platform

Users favor new platforms mainly because they convey the following message:

1. Users are co-builders, not dumb money.
2. The project aims for long-term development rather than short-term arbitrage.
3. Participation is to create value, not to fantasize.

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