Solana's daily new token issuance exceeds 263,000, setting a new record.

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Solana recorded a record 263,000 new token listings in a single day, according to Solscan data. This far surpasses the daily average of 40,000 to 50,000 during the memecoin peak in December 2024. Over 34,000 token launch announcements originated from Pump.fun, the leading memecoin platform. The platform earned $1.8 million in the past 24 hours, making it Solana’s top-earning protocol. Pump.fun contributed $124 million to Solana’s Q1 2026 revenue of $342 million.

ChainCatcher report: The number of newly issued tokens on the Solana network reached a record high in a single day. According to Solscan data, over 263,000 new SPL tokens were minted on Solana on Wednesday, surpassing the peak daily average of 40,000 to 50,000 tokens during the memecoin cycle in December 2024. Of the 40,360 tokens launched via launchpads, the memecoin platform Pump.fun accounted for the majority with 34,184 tokens. Launchpads enable creators to design, issue, and trade memecoins without requiring deep technical expertise, automating the token creation process and providing immediate liquidity and exposure. According to DefiLlama data, Pump.fun is the highest-revenue native protocol in the Solana ecosystem, generating $1.8 million in revenue over the past 24 hours. Last Friday, its daily revenue was briefly surpassed by Fomo, a trading app integrating cryptocurrency trading with social media features. Additionally, despite a cooldown in memecoin activity, Pump.fun contributed $124 million to Solana’s total revenue of $342 million in the first quarter of 2026, accounting for approximately one-third.

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