For the first time historically, Base, the Layer-2 network incubated by Coinbase, has surpassed Solana in daily token launches. This dominance began on July 26 and has continued for four consecutive days, marking a significant shift in developer activity.
Within the token launch landscape on Base, platform Zora captured a commanding 63% market share on July 29. That day saw Zora facilitate 49,989 token launches according to the report, significantly outpacing competitors Letsbonk (25%) and Pump.fun (6%).
Zora has established itself as the leading token issuance platform not only on Base but also on the Solana network. This sustained surge in deployments on Base directly reflects a growing preference among developers for its ecosystem.
The ongoing trend of Base leading in daily launches signifies a challenge to the previous dominance held by Solana in this specific metric. It signals a shift in focus and deployment strategy within the crypto development community, potentially impacting both blockchain ecosystems.