Raydium Launches LaunchLab for Solana Token Creation
Date: 2025-04-17 Author: Henry Casey Categories: BUSINESS
Raydium decentralized exchange has officially launched LaunchLab, a platform for generating tokens on the Solana network, first introduced in March. The project is aimed at simplifying the process of creating tokens, completely eliminating the need to write code manually.
Two modes are available to users: basic JustSendIt and advanced LaunchLab. The first allows you to quickly create a token with minimal settings, and the second allows you to configure the parameters more flexibly. The developers promise that token issuance is free and hassle-free.
One of the key features of the platform is automatic liquidity migration. As soon as a token in JustSendIt mode reaches the 85 SOL curve, liquidity is automatically moved to Raydium pools. In addition, token creators can receive up to 10% of all fees for trading their assets.
LaunchLab was launched in response to increasing competition from projects such as Pump.fun. In February, this meme coin platform added an automated market maker (AMM), which caused the RAY price to plummet by almost 30%.
However, LaunchLab's March announcement sparked a surge in investor interest, with the Raydium token rising by more than 11% within 24 hours. With the full launch of the platform, the growth continued: the token price rose from $2.11 to $2.41 in just a few hours, although it subsequently rolled back to around $2.35. RAY's current market cap is $681.90 million.
Experts attribute the growing interest in such platforms to the popularity of meme coins — according to CoinGecko, they became the most discussed trend in the crypto industry in the first quarter of 2025.
