According to TechFlow, on November 15, The Block reported that data showed that the Solana network has become the leading platform for new token issuance, accounting for 89% of the market share. Last week, a total of 181,000 new tokens appeared on decentralized exchanges, most of which came from meme coin issuance platforms such as pump.fun.

Data shows that the Solana network currently processes about 41 million non-voting transactions, indicating that user activity remains stable. Despite the large issuance of new tokens, only about 1% can be successfully listed on Raydium. Solana's low fees and high throughput continue to support network activities.