Data: Nearly half a million tokens were created on the Solana blockchain in May
2024-06-04 00:38:34
Due to the low barriers to entry and the surge in demand to create popular memecoins, nearly half a million tokens were launched on the Solana blockchain in May.
According to The Block Pro, 455,000 tokens were created on Solana in May, compared to 177,000 on the Ethereum Layer 2 Base and 39,000 on the BNB chain. Less than 20,000 were created on the Ethereum mainnet and Layer 2 networks Arbitrum and Optimism.
According to The Block Pro, 455,000 tokens were created on Solana in May, compared to 177,000 on the Ethereum Layer 2 Base and 39,000 on the BNB chain. Less than 20,000 were created on the Ethereum mainnet and Layer 2 networks Arbitrum and Optimism.
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