Solana sees record 263K tokens issued in a single day
Memecoin platform Pump.fun accounted for most of the new tokens among launchpads, as the Solana network notched a new all-time daily issuance high.
Solana achieved a new record for daily token issuance with over 263,000 new tokens created on the blockchain, according to Solscan. This surpasses the peak of the memecoin cycle in late 2024, when 40,000 to 50,000 tokens were minted daily. Memecoin platform Pump.fun contributed the majority of these tokens, issuing 34,184 coins through launchpads.
Launchpads facilitate the creation and trading of memecoins without requiring advanced technical knowledge, automating the process and providing immediate liquidity and visibility. Pump.fun currently leads Solana-native protocols by daily revenue, generating $1.8 million in revenue within the past 24 hours, as reported by DefiLlama.
The exchange's daily revenue briefly surpassed that of trading app Fomo last Friday, which combines cryptocurrency trading with social features. Pump.fun contributed one-third of Solana's first-quarter revenue in 2026, amounting to $124 million out of the total $342 million generated.
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