Solana
Solana Launches a Record 455,000 Tokens in May
Solana witnessed a remarkable creation of 455,000 tokens in May, surpassing other blockchains like Ethereum Layer 2 Base and BNB Chain. The rise was largely driven by meme coins, with Dogwifhat, Bonk and Book of Meme attracting particular attention. Platforms like Pumpdotfun have made tokenization on Solana simple, allowing anyone to launch tokens in seconds. Political coins and celebrity endorsements, like those of Caitlyn Jenner and Iggy Azalea, have further fueled the token creation frenzy on Solana.