Over the past 30 days, more than 500,000 new tokens have been minted on the Solana blockchain

In the past seven days, Solana has issued more tokens than Ethereum, Base, Optimism, Blast and Arbitrum combined in the past 11 days. For example, since June 1st, these five networks have collectively issued 80,235 new tokens. However, in a shorter period of seven days, Solana surpassed them with 115,773 tokens. Many of the new Meme coins launched over the past few months are based on Solana. Over the past month Solana has issued over half a million tokens because data from June 11th shows that 549,386 new tokens were minted within 30 days. So far there exist 1.25 billion SOL-based tokens on the Solana blockchain.