Solana sees record 263K tokens issued in a single day
The Solana network set a new daily record by minting over 263,000 Solana Program Library (SPL) tokens in a single day, according to Solscan. That surge far exceeds the roughly 40,000–50,000 daily tokens issued during the memecoin peak in December 2024.
Why It Matters
The spike highlights renewed token creation activity on Solana and underscores the outsized role of launchpad services—especially Pump.fun—in driving new coin issuance and platform revenue. The concentration of launches through a few tools can shape liquidity and trading dynamics on the network.
Key Facts
- New SPL tokens minted in one day: More than 263,000 (per Solscan)
- Memecoin cycle peak (Dec 2024) daily issuance: About 40,000 to 50,000 tokens
- Tokens issued through launchpads (that day): 40,360
- Tokens from Pump.fun (of launchpad total): 34,184
- Pump.fun daily revenue (past 24 hours): $1.8 million (per DefiLlama)
Solana experienced a fresh milestone in token creation as over 263,000 SPL tokens were minted on the blockchain in a single day, according to data compiled by Solscan. That volume represents a significant increase compared with the memecoin surge seen in December 2024, when daily issuance peaked at roughly 40,000 to 50,000 tokens.
Launchpads accounted for a sizeable portion of the new coins: 40,360 tokens were issued through such platforms that day, and one service—memecoin-focused Pump.fun—generated the bulk of those launches with 34,184 tokens, per Blockworks’ dashboard. Launchpads automate the token-creation process and give creators immediate liquidity and visibility, enabling new memecoins to be designed and traded with minimal technical overhead.
Pump.fun has also stood out on the revenue side. DefiLlama shows the protocol earned about $1.8 million in the most recent 24-hour window, making it the top Solana-native protocol by daily revenue. The platform was briefly surpassed last Friday by the trading app Fomo, which blends exchange functionality with social-feed features.
Despite a general cooling in memecoin activity, Pump.fun represented roughly one-third of Solana’s first-quarter revenue in 2026, contributing $124 million out of the network’s $342 million total. The new issuance record and the concentration of launches through a few platforms underline how specific tools and services continue to shape token supply and economic activity on Solana.
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