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Since the beginning of the year, more than 87% of the new Token issuances on DEX are based on the Solana Blockchain
According to Jinse Finance, data from The Block shows that as of September 30 this year, of the 110,180 new tokens tracked on-chain for issuance, Solana accounted for 96,010, or over 87% of all new tokens appearing on DEX. The number of new Tokens on the Solana blockchain has skyrocketed from nearly zero at the beginning of 2024 to over 100,000 per month in the middle of the year. While Solana is in the lead, Base has also performed well. Since April, these two chains have accounted for over 80% of the total new Token issuance.