Solana blockchain minted over 500,000 new tokens in the past month

Solana has issued more tokens in the past seven days than Ethereum, Base, Optimism, Blast, and Arbitrum combined in the past 11 days. A large number of new meme coins launched in the past few months are based on Solana. Over half a million tokens have been issued on Solana in the past month, as the June 11th metric shows that 549,386 new tokens were minted in 30 days. To date, there are 1.25 billion SOL-based tokens in existence on the Solana blockchain. (News.bitcoin)