While the Solana ecosystem is witnessing an explosion of meme tokens and simple token creation platforms, a new showdown has officially erupted: Raydium – the veteran DEX – has just launched LaunchLab, a powerful launchpad aimed at directly competing with Pump.fun after both sides 'went their separate ways'.


This event not only marks a turning point in Raydium's strategy but also opens the curtain for a fierce technological race between two major platforms in the Solana ecosystem.



Raydium LaunchLab: The counterattack after the breakup with Pump.fun.


#LaunchLab – the newly launched product of Raydium – is a launchpad that helps users create tokens on Solana with high customization capabilities, aimed at professionalism and flexibility, quite different from the “maximum simplification” style of Pump.fun.


Specifically, LaunchLab allows:



  • Customize token supply as desired.



  • Decide the number of tokens sold through a bonding curve (price/token curve).



  • Set the minimum SOL needed to raise before transferring liquidity to Raydium's AMM.



  • Integrate vesting (token lock time) and fee sharing when moving liquidity.




Meanwhile, Pump.fun only allows customization of the interface's appearance and does not support tokenomics or bonding curve mechanisms, making it suitable for meme coins and new users but lacking depth for professional developers.



LaunchLab is not just a tool, but an entire open ecosystem.


According to Tom – the anonymous development team lead of #Raydium – LaunchLab is just the first product in a series of tools that Raydium will launch to comprehensively support the digital asset issuance process on Solana.


Notably:



  • LaunchLab will open its infrastructure for third-party use: Currently, there are about 10 external development teams integrating LaunchLab's token creation tool to build their own products.



  • Raydium is also partnering with major trading partners like BullX and Jupiter to ensure liquidity and support after the token launch.




The ultimate goal, according to Tom, is to 'fix the outdated token issuance model that relies on CEX and market makers.' Raydium believes that digital asset issuance will accelerate – and LaunchLab will be the on-chain bridge for that trend.



The context of the breakup with Pump.fun: Each going their separate ways.


Previously, tokens created from Pump.fun often 'graduated' and were traded on Raydium. However, since March 20, Pump.fun has officially launched its own DEX named PumpSwap, completely severing ties with Raydium.


This move has raised concerns in the community, leading to a 42% drop in Raydium's RAY token price since rumors in February about Pump.fun 'splitting off'. However, with LaunchLab, Raydium has made a spectacular counterattack, and just one day after the announcement, RAY's price rose nearly 9%, with a market cap of 661 million USD, ranking 108th globally according to CoinGecko.


Currently, both platforms offer a token creation toolkit and a decentralized exchange, but with completely different philosophies:



  • Pump.fun: simple, fun, accessible for the meme coin community.



  • Raydium LaunchLab: flexible, professional, aimed at serious projects and long-term development teams.





The impact on users and the crypto market in general.


The competition between Raydium and Pump.fun is not just an internal Solana matter but also reflects a larger battle between 'simplification' and 'professionalism' in the current token issuance trend.


For users on Binance and crypto investors:



  • Those who want to create tokens with serious ideas, clear tokenomics, and a long-term roadmap will find LaunchLab to be a more attractive tool.



  • Conversely, meme coin creators or those testing new ideas in the short term can still stick with Pump.fun.




Moreover, allowing external developers to use its infrastructure also opens up the possibility for Solana to become a leading ecosystem for on-chain digital asset issuance, directly competing with other chains like Ethereum or BNB Chain.



Conclusion: Who will win in the tokenization game on Solana?


The race between Raydium and Pump.fun is no longer a personal matter but has become part of the strategic competition regarding the direction of token development on the blockchain.


With one side being a flexible, professional launchpad (LaunchLab), and the other being a simple, viral token creation platform (Pump.fun), users will have more choices than ever.


However, in the long term, real value will come from platforms capable of creating sustainable, transparent token issuance models that meet the expansion needs of both the community and developers – something that Raydium is betting heavily on with LaunchLab.



Risk warning: The crypto market is always volatile and poses many risks. This article is for informational purposes only and is not investment advice. Always do your own research and consider carefully before participating in blockchain projects or trading tokens. Crypto is not suitable for everyone. #anhbacong