More than 263,000 new SPL (Solana Program Library) standard tokens were minted on the Solana blockchain in just a single day on Wednesday, September 10, 2026. The figure recorded over this 24-hour period set a new all-time high for the network’s daily token issuance metric.
The record stands in stark contrast to the peak of the memecoin cycle back in December 2024. At the time, the Solana ecosystem recorded at most between 40,000 and 50,000 new digital assets created per day.
Simplicity Without Technical Barriers
The availability of launchpad platforms has been the primary driver behind the recent surge in token creation volume. These launch systems are designed to allow creators to issue and trade their own memecoins without requiring deep programming skills or smart contract development expertise.
According to data from Wednesday, out of a total of 40,360 coins launched via launchpads, the Pump.fun application accounted for the vast majority by facilitating the creation of 34,184 tokens. This intense deployment activity earned Pump.fun $1.8 million in daily revenue according to on-chain data tracker DefiLlama, making it the highest-earning native protocol on Solana.
Competition From Social App Fomo
On Friday of the previous week, Pump.fun’s daily revenue was briefly overtaken by user activity on a social trading app called Fomo.
In the first quarter of 2026, Pump.fun accounted for a third of Solana’s total network revenue, generating $124 million out of the overall $342 million in inflows. The fact that this Q1 milestone was achieved during a cool-off in the memecoin market underscores the massive user base continuously minting new tokens.
The creation of 263,000 tokens in a single day demonstrates that launching a crypto project is now as easy as posting on social media. As long as technical barriers remain minimal, retail users will likely keep deploying tens of thousands of new joke tokens daily on Solana in search of quick profits.
Reported by Cointelegraph.
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Disclaimer: This article is for informational and educational purposes only, not financial advice. Cryptocurrency assets are highly volatile and carry significant risk. Always do your own research (DYOR) and never invest more than you can afford to lose.
