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ETH $2,258.58 -2.81%
BNB $616.79 -1.37%
XRP $1.37 -1.33%
SOL $83.14 -1.55%
TRX $0.3244 +0.31%
DOGE $0.1067 +1.17%
ADA $0.2467 -1.07%
BCH $444.99 -1.76%
LINK $9.11 -1.76%
HYPE $39.38 -2.46%
AAVE $92.46 -4.49%
SUI $0.9077 -2.13%
XLM $0.1603 -1.13%
ZEC $331.32 -1.41%

Data: Pump.fun accounted for over 70% of token issuance on the Solana chain in the past two days

2025-01-06 23:17:35
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ChainCatcher news, according to Decrypt, the meme coin issuance platform Pump.fun has accounted for over 70% of the token issuance on the Solana network in the past two days, contributing more than 56% of decentralized exchange trading activity. In just the past 24 hours, Pump.fun has issued over 45,000 tokens, with a total issuance exceeding 5.5 million for the year.

Although only 0.0085% of the issued tokens have a market cap exceeding 1 million dollars, the platform still stands out with significant revenue performance, reaching 79.94 million dollars in December, surpassing mainnets like Tron and Bitcoin.

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