币圈老司机
币圈老司机|Sep 09, 2025 06:23
Recently, I've been super into researching projects that can actually make money. So yesterday, I was discussing a question with some friends in a group chat. This question is super basic, but also really interesting: With all these memes about SOL lately, is SOL the one making all the money? I spent a whole day digging into it and found out that it's not actually SOL taking all the money. When I asked GPT, it told me that the Solana chain's transaction protocol does take a big chunk of the money. But then it mentioned a project called Metaplex. To be honest, I had never even heard of this project before, and it's already listed on Coinbase. So out of curiosity, I started looking into it, and what I found blew my mind. Metaplex supports 99% of the token and NFT creation on Solana. Every time a new token is launched on major Launchpad platforms (like letsbonk, pump, bags, believe, jup studio, etc.), Metaplex earns revenue. Currently, Metaplex's annual revenue is close to $30 million. Bro, this is not what I expected at all. I originally thought SOL would be the one taking all the meme money. Turns out, it's actually this project on SOL—Metaplex—that's making the money. Metaplex created a Genesis protocol: the protocol includes on-chain tokenomics and vesting plans, pre-sales, auctions, and anti-sniping launch pool mechanisms, liquidity pools and custom migration solutions for automated market makers, airdrop and user claim mechanisms, optional geographic restrictions, and wallet permission filters. For all the core functions of token launches, Metaplex charges fees—airdrops, tokenomics, market makers, you name it. I was stunned. This is a project making $30 million a year, and its market cap is only a little over $200 million. The project even spent $15 million on buybacks to try to boost the token price. But because they haven’t done much marketing, it hasn’t really taken off. I was freaking shocked. I immediately bought $10k worth just to calm myself down, bros. A project that can make money is a good project. A project that can make $30 million is an absolutely badass project. Let’s see if this project can take off!!!
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