Raydium dropped LaunchLab on April 16, 2025, a new token launchpad for Solana creators. Key features: customizable bonding curves, 10% creator fees, and vesting options. Tokens migrate to Raydium’s AMM at 85 SOL with no fees. It’s a direct competitor to Pump.fun, which is down 95% in revenue this year. With $RAY buybacks in the fee structure and Solana’s low-fee ecosystem, LaunchLab could shake things up. Will it dominate? Let’s watch! 👀