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The cryptocurrency market has witnessed a significant surge in token creation, with over 1 million new tokens generated since April 1st, 2024. Among them, 372,642 new tokens were launched on Ethereum, with 88% of them on Ethereum Layer 2 Base. Additionally, 640,000 new tokens were created on Solana, including 466,000 memecoins. Solana alone saw over 132,000 new tokens in the past 7 days, indicating a busy week for the network.
In just one week, Solana saw a surge of over 136,500 new tokens, excluding NFTs. This explosion shows $SOL is surging back with unstoppable momentum! https://t.co/5wRqGk9iav
🚨 REPORT: Over 136,000 new tokens have been created on @solana in the last 7 days. https://t.co/RRUI2Cvm3B
Over 132,000 new tokens were created on @Solana in the past 7 days Busy week https://t.co/9xHvLbrwkt
