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      Solana Network Sees Record Daily Token Issuance Exceeding 263,000

      The Solana blockchain has achieved a significant milestone with the issuance of over 263,000 new SPL tokens in a single day, marking a historic high. This figure, recorded on Wednesday, far exceeds the daily issuance rates of 40,000 to 50,000 tokens seen during the peak of the memecoin boom in December 2024, according to data from Solscan.

      A substantial portion of the new tokens, totaling 40,360, were issued through the memecoin launchpad Pump.fun, which accounted for 34,184 tokens. This platform enables creators to easily design, issue, and trade memecoins, providing automatic token creation and instant liquidity. Pump.fun has emerged as the highest-earning native protocol within the Solana ecosystem, generating $1.8 million in revenue over the past 24 hours, despite a recent slowdown in memecoin activity.

      In the first quarter of 2026, Pump.fun contributed significantly to Solana's overall revenue, accounting for approximately one-third of the total $342 million, with its performance briefly surpassed by the trading application Fomo, which integrates cryptocurrency trading with social media features.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud