The Solana blockchain has become a leading destination for new projects entering the crypto space, with developers – attracted by a number of online-only offerings – rushing to deploy more than 106,000 new tokens just this week.
According to data from portfolio platform StepFinance, a total of 106,573 new tokens appeared on the Solana blockchain in just one week, including MW which was pulled under the carpet while other altcoins are still available for swaps . It's worth noting that this count does not include NFTs built on Solana.
Source: StepFinance
Solana's high-speed and low-cost transactions make it an attractive platform for developers looking to launch new tokens quickly and efficiently. The network's ability to process thousands of transactions per second provides an ideal environment for token creation and trading.
“Solana is everyone's chain. Understand that and you'll be fine,” Jakey, a creator at CUBE, noted.
Along with the explosion in the number of new tokens on Solana, the network's Total Value Locked (TVL) has increased by $166 million in the past 24 hours. An increase in TVL typically indicates that more users are participating in the DeFi space, which could increase demand for its services.
Source: Defillama
The increase comes despite speculation that Solana is under investigation. The rumor, spread by KOL Crypto Bitlord, drew further criticism of Solana from analysts.
“We are witnessing the death of Solana. Solana Foundation, under pressure from the Fed, was unable to implement algorithmic trading strategies to protect this diagonal level. We are witnessing history,” analyst Evans declared.
https://tapchibitcoin.io/106-573-token-moi-duoc-ra-mat-tren-solana-trong-tuan-qua.html
