The Solana community reached an all-time excessive in every day token issuance, surpassing the variety of new cash issued in the course of the peak of the memecoin cycle in late 2024.
Greater than 263,000 new Solana Program Library (SPL) tokens had been minted on the Solana blockchain on Wednesday, marking a new report excessive, in accordance with Solscan. Some 40,000 to 50,000 every day tokens had been issued on Solana on the peak of the memecoin cycle in December 2024.
Of the whole 40,360 tokens issued via launchpads, memecoin platform Pump.enjoyable accounted for almost all, or 34,184 cash, in accordance with Blockworks’ dashboard.
A launchpad permits creators to simply design, launch and commerce memecoins with no need intensive technical expertise. They automate the token creation course of and supply fast liquidity and visibility for brand spanking new tokens.
Pump.enjoyable ranks because the main Solana-native protocol by every day income, with $1.8 million generated in the previous 24 hours, in accordance with DefiLlama. Final Friday, Pump.enjoyable’s every day income was briefly overtaken by trading app Fomo, which mixes cryptocurrency buying and selling with social options resembling a social media feed.
Pump.fun accounted for one-third of Solana’s first-quarter income in 2026, or $124 million out of the whole $342 million, regardless of cooling memecoin exercise.
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