Raydium Launches New Token Issuance Platform, RAY Up 13%! (3/20/25)

Jakarta, Pintu News – Raydium, a Solana-based decentralized exchange, recently announced the launch of their token issuance platform called LaunchLab. The initiative is expected to increase revenue and expand already popular trading services. In the past 24 hours, Raydium’s native token RAY has risen by 13%, outpacing the general market gain of 1.62% tracked by the CoinDesk 100 (CD100) index.

LaunchLab Platform: Innovation in Token Issuance

LaunchLab is designed to ease the launch of tokens on the Solana blockchain by offering three types of bonding curves that adjust the demand and price of tokens automatically. The platform allows third-party user interfaces to set their own fees, providing more flexibility for developers.

According to Raydium developer, @0xINFRA, LaunchLab will not only make it easier to launch tokens, but also provide a neutral and permissionless infrastructure. LaunchLab not only mimics popular token issuance platforms like Pump.Fun, but also adds new features that make it more attractive.

With a more versatile approach, LaunchLab aims to meet diverse liquidity needs and opens up opportunities for collaboration and customized models tailored to user needs.

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Economic Influence and Raydium Strategy

Raydium currently generates over $1 million per day from trading fees across all of its liquidity pools. More than 30% of Raydium’s daily trading volume comes from Pump.fun tokens, according to Dune’s dashboard. However, with Pump.Fun starting to reduce its reliance on Raydium by launching its own AMM tool, Raydium adapted by introducing LaunchLab.

This strategy not only increases revenue but also strengthens Raydium’s position within the Solana ecosystem. By providing a more efficient and versatile tool for token launches, Raydium hopes to attract more developers and projects to its platform, while maintaining its relevance in a highly competitive market.

Reaction and Future Prospects

The announcement of LaunchLab has been enthusiastically received by the crypto community, especially users and developers in the Solana ecosystem. @0xINFRA emphasized that LaunchLab is not just a Pump.Fun clone, but a more sophisticated tool with the potential to address a wide range of liquidity needs.

This demonstrates Raydium’s commitment to innovation and adaptation in the face of market changes. The outlook for LaunchLab looks bright, with many developers and projects interested in using the platform to launch their tokens. With richer features and a more flexible approach, LaunchLab has the potential to become a key player in token issuance on the Solana blockchain.

Conclusion

Raydium’s launch of LaunchLab marks an important step in the evolution of decentralized exchanges. By integrating advanced technologies and offering a more flexible solution for token launches, Raydium not only increases the value of the RAY token but also strengthens its position as an innovation leader in the crypto market. Going forward, LaunchLab is expected to bring more transparency, efficiency, and success to token launches in the Solana ecosystem.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Coindesk. Raydium’s RAY Jumps 13% as DEX Reveals Own Token Issuance Platform. Accessed on March 20, 2025
• Featured Image: SwissBorg Academy