Solana News Today: Heaven Surges 290 in 5 Days as Solana Launchpad Market Grows

Heaven, a novel launchpad and automated market maker (AMM) on the Solana blockchain, has emerged as a prominent player in the fast-growing Solana ecosystem. The platform is designed to democratize token issuance and trading through innovative mechanisms such as buybacks, anti-MEV defenses, and tiered fee structures. As of August 20, 2025, Heaven ranks second in token launches over the past five days, trailing only Pump.fun, and significantly outpacing competitors like Bags and Moonshot [1].

The platform’s native token, LIGHT, has experienced remarkable growth, surging more than 290% in five days and achieving a market cap exceeding $200 million. This rapid rise is attributed to a deflationary model that allocates 100% of protocol revenue to real-time buybacks and token burns. In the first week, Heaven spent $1.4 million on buybacks, burning roughly 2% of the total LIGHT supply, which pushed the token’s price up by 225% in just six days [1].

Heaven’s unique approach begins with its “God Flywheel” mechanism, which aims to create long-term value for token holders by continuously reducing supply. It also replaces the traditional bonding curve with a “virtual SOL” mechanism, using a fixed liquidity placeholder to ensure price discovery from the first trade. This design simplifies issuance while enhancing transparency. Additionally, Heaven employs a tiered fee system, offering lower fees for community-driven projects and blocking high-risk ones through manual review [1].

To protect retail investors, the platform implements a 6-second “sniper tax” to deter front-running bots during token launches. The fee decreases linearly, ensuring a fairer trading environment. These features contribute to Heaven’s appeal as a community-first ecosystem that prioritizes fairness and security [1].

Market data indicates that Heaven has quickly captured 15% of the Solana Launchpad market, listing 3,865 tokens in its first week and achieving a day-one trading volume of $30 million. The platform’s rapid adoption has been supported by Colosseum, an accelerator under the Solana Foundation, which participated in Heaven’s initial coin offering (ICO), raising $27 million with over 9,000 wallets involved [1]. This backing not only boosts the platform’s credibility but also provides strategic resources for future growth.

The Solana ecosystem itself is thriving, with Solana memecoin volume reaching $1.54 billion in the past week and institutional inflows hitting $176 million. This dynamic environment creates fertile ground for platforms like Heaven to attract both retail and institutional participants [1].

However, Heaven faces challenges, including the risk of liquidity fragmentation if its AMM pools do not integrate with major routers like Jupiter. Additionally, the platform’s heavy focus on buybacks may limit funding for product development and marketing if trading volume declines. While it has captured 15% market share, Pump.fun still leads with nearly 50%, and other competitors continue to innovate, maintaining a highly competitive landscape [1].

Despite these hurdles, Heaven’s innovative economic model and alignment with Solana’s growth trajectory position it as a potential leader in the Launchpad space. If it can enhance liquidity integration and attract high-quality projects, it may challenge Pump.fun’s dominance and solidify its role as a key player in the Solana ecosystem [1].

Source:

[1] Heaven: An Innovative Launchpad Platform in the Solana Ecosystem (https://coinmarketcap.com/community/articles/68a566b400db01532553fc1f/)