Base L2 Network Surpasses Solana in Launched Tokens for the First Time

Key Points

1. On July 27, Base added 54,341 new coins, surpassing Solana's 25,460, marking the first time Base exceeded Solana in daily token launches.

2. Zora, which turns Farcaster posts into ERC-20 tokens, accounted for 64.6% of total launches on Base and Solana as of August 2, creating 39,778 new coins.

3. Solana's activity and revenue have declined, with Pump.fun's July revenue dropping to $24.96 million, down 80% from its January peak of $130 million.

4. Pump.fun's user count and trading volume decreased from 346,000 users and $337 million in July to 129,000 users and $150 million by early August.

5. Solana's market capitalization fell by 15% in the last week to $70.8 billion, with trading volume declining by 53% to $5.4 billion over the same period.