News
Solana launches record 455,000 tokens in May
Solana witnessed a remarkable creation of 455,000 tokens in May, surpassing other blockchains such as Ethereum Layer 2 Base and BNB Chain. The surge was largely driven by meme coins, with Dogwifhat, Bonk, and Book of Meme attracting a lot of attention. Platforms like Pumpdotfun have simplified token creation on Solana by allowing anyone to launch tokens in seconds. Political meme coins and celebrity endorsements, such as those of Caitlyn Jenner and Iggy Azalea, have further fueled the token creation frenzy on Solana.