The Solana blockchain has set a new all-time high for daily token creation, with more than 263,000 Solana Program Library (SPL) tokens minted in a single day on Wednesday 9 September, according to data from Solscan. The figure dwarfs the previous peak of 40,000 to 50,000 tokens issued per day recorded at the height of the memecoin cycle in December 2024.
Pump.fun Dominates Launchpad Activity
Of the 40,360 tokens launched through dedicated launchpad platforms on the record day, memecoin factory Pump.fun claimed the lion’s share, accounting for 34,184 coins, according to a Blockworks dashboard tracking Solana launchpad activity.
Launchpads allow creators to design, deploy and trade memecoins without deep technical knowledge. They handle the token creation process automatically and deliver immediate liquidity and market visibility for newly launched assets.
Those launchpad figures cover only a small part of the day’s total. With 40,360 of the 263,000 tokens created through launchpads, roughly 222,000 were minted by other means. That subtraction is CNR’s own, and neither Solscan nor the Blockworks dashboard breaks down what the remainder consists of. On the same arithmetic, Pump.fun’s 34,184 coins represent about 13% of everything minted that day rather than the bulk of it.
Pump.fun Remains Solana’s Top Revenue Generator
Pump.fun continues to rank as the leading Solana-native protocol by daily revenue. The platform generated $1.8 million in the 24-hour period tracked, according to DefiLlama data.
The platform briefly lost its top revenue spot on Friday 4 September to trading app Fomo, a Solana-based application that blends cryptocurrency trading with a social media-style feed. The lead quickly reverted to Pump.fun.
Looking at a longer horizon, Pump.fun accounted for one-third of all Solana network revenue in the first quarter of 2026, generating $124 million out of the total $342 million recorded across the chain, even as broader memecoin activity cooled during that period.
The milestone underscores Solana’s position as the dominant venue for retail token creation and memecoin speculation, with Pump.fun cementing its role as the primary infrastructure layer for that activity.
