The post Base Overtakes Solana in Daily Tokens Created As Pump.fun Continues to Shrink appeared on BitcoinEthereumNews.com.

In brief Base token launchpad Zora accounted for more tokens created than Solana’s Pump.fun and LetsBonk on Monday. It represents the first time since early 2023 that a chain has played host to more token launches than Solana, according to Coinbase director Conor Grogan. Unlike Pump.fun, Zora turns every single post on its social media platform into a token. Zora, a token launchpad on Coinbase’s Ethereum layer-2 network Base, accounted for more tokens created than Solana’s big hitters Pump.fun and LetsBonk on Monday. Last month, Zora created approximately 6,500 tokens every day, per Dune data, but on Monday it exploded to an all-time high of 51,575 tokens created in a single day. By comparison, LetsBonk created 22,554 and Pump.fun just 4,173—with Zora accounting for 67.7% of all token creations across Base and Solana. “This is the first time since early 2023 that a chain has had more tokens launched on it than Solana,” Coinbase director Conor Grogan tweeted. Pump.fun’s market share has shrunk significantly since the beginning of the year, with rival platform LetsBonk surpassing it for Solana token creations. Now Zora, a social media platform that turns every post into a token, has surpassed both platforms following massive growth. After its January 2024 launch, Pump.fun quickly became the go-to app in crypto, spawning almost 5 million tokens by the end of the year. To put that into perspective, Etherscan can only find 1.6 million ERC-20 tokens on Ethereum. “What’s crazy is that these AREN’T just bots launching tokens,” head of DeFi at Base, simply known as Johnny, tweeted. “These are USERS creating CONTENT. And instead of that content going viral AND THEN being tokenized and traded.” Adam Tehc, data analyst and Dune dashboard creator, previously told Decrypt that he believes that of the top 50 most profitable Pump.fun wallets,…

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Filed under: News - @ July 30, 2025 9:27 pm