Data: This year, a total of 96,000 new tokens were issued on Solana, accounting for 87% of the new tokens on DEX

As of September 30, a total of 96,010 new tokens have been issued on Solana this year. The total number of new tokens tracked on-chain is 110,180, with new tokens on Solana accounting for over 87% of all new tokens on DEX.

Data shows that the number of new tokens has skyrocketed from nearly zero at the beginning of 2024 to steadily exceeding 100,000 per month by mid-year. The explosion of Memecoin has become key to the surge in new tokens. Platforms like pump.fun have greatly simplified the token creation process and spurred speculative activity.