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On the first day of the new Solana Token release platform, the trading volume approached 100 million USD, with multiple projects' market capitalization exceeding one million.
New Products in the Solana Ecosystem Ignite On-Chain Craze: Can the Project Factory Spark the Next Wave of Excitement?
Recently, an important protocol in the Solana ecosystem launched its own product release platform, which is not only an upgrade to the rapid token issuance model but also resembles an "on-chain project incubator" built leveraging its own advantages.
This new platform provides users with a convenient token creation feature. Users only need to pay a small gas fee to initiate the creation process, without the need to deposit funds in advance. The platform also offers creators multiple incentive measures, including transaction fee sharing, liquidity pool shares, and token distribution options.
To facilitate users, the platform offers three preset modes designed for projects of different scales. At the same time, the platform also supports users to customize key parameters such as initial market value, graduation market value, token ownership period, and unlocking period, to meet the needs of different projects.
Although the overall trading heat in the current market is not high, the platform showed an unexpectedly strong performance on its first day of launch. According to data, the total trading volume on the platform approached 100 million USD within 24 hours, far exceeding the performance of other similar platforms in recent times. The total amount of the liquidity pool also approached 3 million USD and is showing an upward trend.
Several newly created tokens have surpassed a market value of 1 million USD within 24 hours. Among them, a project named URANUS has exceeded 5 million USD in market value due to its strong community influence and unique cultural dissemination, becoming the best-performing new coin on the platform. Additionally, three other projects have surpassed market values of 3 million, 3 million, and 2 million USD, respectively.
Although the platform had an impressive performance on its first day, it remains to be seen whether it can truly trigger a new wave of on-chain enthusiasm. The key lies in whether there will be projects that see their market value rapidly grow to tens of millions or even hundreds of millions in the near future. Currently, the overall liquidity in the market is still insufficient to support a comprehensive surge, but industry insiders hope that the platform can leverage its own advantages to bring more lasting profit opportunities to on-chain participants.