Base Network Sees Surge with Over 500,000 New Tokens Issued, Rivaling Solana

Jun 3, 2024, 10:42 AM

Since March, more than 500,000 new tokens have been issued on the Base network, including 240,000 new tokens in April and 177,000 new tokens in May. The Base network has emerged as a significant platform for the issuance and hype of Memecoins, rivaling Solana. The surge in token creation highlights the growing ease and popularity of launching new tokens in the cryptocurrency space, surpassing the entire history of Ethereum (2015-2023).