The Rising Star on Solana: The Emergence of the MEME Coin Issuance Platform

Recently, the issuance field of MEME coin in the Solana ecosystem is quietly undergoing changes. A new platform called LetsBONK.fun is gradually replacing the former leader, attracting more and more users' attention and participation. What are the reasons behind this shift? Let’s explore the story of this "platform transition" together.

The Decline of the Former Dominator

Over the past year, a well-known platform has dominated the issuance of MEME coins on Solana. Its simple operation process attracted a large number of creators and speculators, setting a record of launching tens of thousands of MEME projects in a single day. However, as time passed, the problems with this platform gradually became apparent:

• The platform has substantial revenue, accumulating over $700 million, but user benefits are limited.
• Data shows that less than 5% of users can earn over 1000 dollars.
• Lack of continuous support and ecosystem development for the project
• Announce the issuance of platform coin, with a valuation of up to 4 billion USD.

In short, the operation model of this platform makes users feel like they have become "pacing tools", while the platform reaps substantial profits from it.

The Rise of New Stars

In April 2025, a new platform LetsBONK.fun, led by the MEME coin BONK community, officially launched. 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.
• More than 180,000 coins have been issued so far, far exceeding similar platforms.

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

Transparency of Income Distribution

Taking the on-chain data from July 7, 2025, as an example, the total revenue of the platform is 68,768 SOL, and the distribution is as follows:

• 30% for the repurchase of BONK
• 25% allocation to BONK stakers
• 20% for ecosystem development
• 15% allocated to the token creators
• 10% as platform operating expenses

This distribution method fully reflects the concept of symbiosis and win-win between the platform and the community.

Substantial Project Support

LetsBONK.fun not only supports projects conceptually but also provides actual financial support. For example, the platform established a project library for the $USELESS project and assisted it in applying for listing on mainstream exchanges, investing over $600,000. This level of deep support is quite rare in the MEME field.

Data Explanation Everything

As of the latest data until July 2025:

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

These achievements are not just the result of hype, but rather the product of a new generation of coin issuance platforms combined with community, functionality, and narrative.

Behind User Choices

Users favor LetsBONK.fun because it conveys a new concept:

• Users are not victims of exploitation, but co-builders.
• The project is not a tool for short-term speculation, but a goal for long-term development.
• Participation is not just a fantasy, but actual action.

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