Data: 89% of new tokens issued last week were based on the Solana network

PANews reported on November 15 that Solana continues to dominate new token activity, with 89% of new tokens choosing to launch on the network. Last week, DEX launched a total of 181,000 new tokens, with the issuance of Meme coins on platforms such as pump.fun being the main factor driving this activity. Despite the large issuance volume, only about 1% of tokens were successfully listed on Raydium. Solana is able to handle a large number of transactions without significantly increasing fees, thus supporting continued activity.