Solana records historic high of over 263,000 new tokens in a single day

Solana network saw a record-breaking 263,000 new SPL tokens minted in a single day on Wednesday, significantly surpassing the 40,000 to 50,000 daily average seen during the December 2024 meme coin cycle. Of the 40,360 tokens launched via launchpads, 34,184 originated from the meme coin platform Pump.fun. Pump.fun remains the highest-earning native protocol on Solana, generating $1.8 million in the last 24 hours and contributing $124 million to Solana's $342 million total revenue in Q1 2026.