Solana Launches Record 455K Tokens In May

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Solana has witnessed a remarkable creation of 455k tokens in May, surpassing other blockchains like Ethereum Layer 2 Base and BNB Chain. The surge was largely driven by meme coins, with Dogwifhat, Bonk, and Book of Meme drawing significant attention. Platforms like Pumpdotfun have simplified token creation on Solana enabling anyone to launch tokens in seconds. Political meme coins and celebrity endorsements, such as those from Caitlyn Jenner and Iggy Azalea, have further fueled the token creation frenzy on Solana.