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Solana has just recorded more than 263,000 new SPL tokens created in a single day, setting a new all-time high for daily token issuance on the network, according to Solscan data cited by CointelegraphSolana has just recorded more than 263,000 new SPL tokens created in a single day, setting a new all-time high for daily token issuance on the network, according to Solscan data cited by Cointelegraph

Solana Sets Record With More Than 263,000 SPL Tokens in One Day: Pump.fun Dominates Launchpads

Penulis: Van Dat Phan

2026/09/15 13:19

Solana has just recorded more than 263,000 new SPL tokens created in a single day, setting a new all-time high for daily token issuance on the network, according to Solscan data cited by Cointelegraph on September 10, 2026. Solscan defines this metric as “New SPL tokens,” meaning newly minted SPL tokens on Solana.

There is one date-related detail that needs clarification. Cointelegraph published its article on September 10 but stated that the record occurred on Wednesday, corresponding to September 9, 2026. Some aggregation sources later listed September 10, likely using the article’s publication date rather than the date on which the data was recorded.

The figure of more than 263,000 is over five times higher than the previous peak range of approximately 40,000 to 50,000 tokens per day recorded during the memecoin boom in December 2024. However, these were not 263,000 memecoins: launchpad data tracked by Blockworks recorded only 40,360 tokens, equivalent to roughly 15% of all new tokens.

Within that launchpad segment, Pump.fun overwhelmingly dominated with 34,184 tokens, representing nearly 85%. At the time the data was recorded, Pump.fun also generated approximately $1.8 million in revenue over 24 hours, ranking first among Solana-native protocols by daily revenue, according to DefiLlama data cited by Cointelegraph.

Key Takeaways

Solana recorded more than 263,000 new SPL tokens in a single day, setting a new all-time high according to Solscan data.

The original source describes the record as occurring on Wednesday, September 9, 2026; September 10 was the date Cointelegraph published its article about the data.

The previous peak during the December 2024 memecoin boom was only around 40,000 to 50,000 new tokens per day, meaning the new record is more than five times higher.

Only 40,360 tokens on the record day were recorded through launchpads tracked by Blockworks, representing approximately 15.3% of all new tokens.

Pump.fun created 34,184 of the 40,360 launchpad tokens, accounting for approximately 84.7% of token issuance across the tracked launchpads.

Across the entire total of more than 263,000 SPL tokens, Pump.fun directly accounted for only around 13%, meaning the full record cannot be attributed to Pump.fun or memecoins.

At the time the record was reported, Pump.fun generated approximately $1.8 million in daily revenue and ranked first among Solana-native protocols by this metric; this was a 24-hour snapshot, not a fixed daily revenue level.

The record shows that the cost and technical barriers to creating new assets on Solana have declined significantly, but the number of tokens created does not equal the number of projects with liquidity, users, or real economic value.

What Happened?

Solana surpasses 263,000 new SPL tokens in one day

Solscan’s Analytics dashboard includes a dedicated metric called New SPL tokens, which tracks the number of newly minted SPL tokens over time. Solscan describes it as a real-time chart showing the number of new SPL tokens and NFTs on the Solana network.

According to this data cited by Cointelegraph, Solana recorded more than 263,000 new SPL tokens in a single day, pushing daily token issuance to a new all-time high.

The scale of the increase becomes clearer when compared with the memecoin boom of late 2024.

In December 2024, when memecoin activity on Solana reached exceptionally high levels, daily token issuance peaked at approximately 40,000 to 50,000 tokens. The current figure of more than 263,000 is roughly 5.3 times higher even when using 50,000 as the comparison baseline.

However, this figure needs to be interpreted correctly.

263,000 is not the number of new memecoins.

It represents the total number of new SPL tokens recorded by Solscan’s metric. SPL is Solana’s token standard and can be used for many different types of assets, not just memecoins.

Launchpads account for only around 15% of all new tokens

One of the most notable details is the gap between the total number of new SPL tokens and the number of tokens originating from launchpads.

According to a Blockworks dashboard cited by Cointelegraph, a total of 40,360 tokens were created through launchpads during the measured period.

Compared with more than 263,000 tokens across the entire network:

40,360 / 263,000 ≈ 15.3%.

In other words, approximately 85% of new SPL tokens were not part of the launchpad token category tracked in that dataset.

This is important because it shows that the record cannot simply be explained by saying that “memecoins are back” or that “Pump.fun created 263,000 tokens.”

Launchpads are platforms that allow users to create and bring tokens to market with fewer technical requirements than building the entire issuance process themselves. Blockworks currently tracks token creation from launchpads separately across multiple blockchains.

Pump.fun still dominates Solana’s launchpad market

Of the 40,360 tokens created through launchpads, Pump.fun contributed 34,184 tokens.

That represents:

34,184 / 40,360 ≈ 84.7%.

Therefore, nearly 85% of tokens issued through the tracked launchpads came from Pump.fun.

However, when compared with all of the more than 263,000 new SPL tokens on Solana, Pump.fun directly accounted for only around 13%.

This difference leads to two conclusions at the same time.

First, Pump.fun continues to hold a very strong position within the launchpad segment. Second, Pump.fun was neither the sole cause nor the direct source of the majority of the 263,000 SPL tokens created on the record day.

Pump.fun generates $1.8 million in revenue in 24 hours

Token issuance activity also generated significant revenue for Pump.fun.

At the time Cointelegraph recorded the data, Pump.fun generated approximately $1.8 million in revenue over 24 hours, ranking first among Solana-native protocols by daily revenue on DefiLlama.

This figure should be viewed as a snapshot.

DefiLlama calculates 24-hour revenue using a rolling data window, meaning the figure changes as time passes. More recent DefiLlama data has already shown a different 24-hour revenue figure from $1.8 million.

Therefore, the most accurate way to describe it is that Pump.fun generated $1.8 million in daily revenue at the time the record was reported, rather than treating it as a fixed daily revenue level.

Background / Context

The new record far exceeds the late-2024 memecoin peak

Solana became one of the most important blockchains for memecoin issuance and trading during the previous cycle.

The December 2024 peak saw approximately 40,000 to 50,000 new tokens per day. At the time, that level of token creation was already considered extremely high, driven by the growth of launchpads and speculative demand for memecoins.

The current record of more than 263,000 tokens is therefore not a minor increase. It shows that Solana’s capacity for token creation has expanded to an entirely different scale compared with the late-2024 peak.

However, comparing the two periods solely by token count also has limitations. Token issuance structures, automation tools, and user behavior on Solana have changed significantly since late 2024.

Launchpads have sharply reduced the barriers to token creation

In the past, creating and distributing a token often required issuers to understand smart contracts or at least interact with specialized technical tools.

Launchpads such as Pump.fun have changed this process by providing simpler interfaces for creating tokens, setting up initial trading, and bringing assets to market.

Blockworks now has dedicated dashboards tracking launchpad token creation, launchpad revenue, and the share of Solana tokens originating from Pump.fun. This reflects how launchpads have become a sufficiently large part of on-chain activity to be monitored as a separate category.

However, data from the record day shows that launchpads explain only around 15% of all SPL tokens created. Therefore, this increase extends beyond memecoin launchpad activity alone.

Pump.fun remains a major source of revenue within the Solana ecosystem

Pump.fun stands out not only because of the number of tokens launched.

In Q1 2026, the platform generated approximately $124 million, equivalent to nearly one-third of the $342 million in total Solana revenue recorded by the data source cited by Cointelegraph during that period.

Syndica data also shows that Pump.fun remained one of the largest revenue-generating applications on Solana in 2026. In January alone, Pump.fun generated approximately $50 million in revenue. By April, despite cooling memecoin activity, the platform still generated around $28 million and accounted for more than 40% of Solana DApp revenue that month.

This explains why Pump.fun metrics remain an important indicator when evaluating speculative token activity on Solana.

Why It Matters

The 263,000-token record shows that “token creation” has almost become a commodity

The biggest significance of the record does not necessarily lie in the creation of hundreds of thousands of new investment assets.

Instead, it shows that the ability to create a token is becoming increasingly commoditized and accessible.

As issuance tools become automated, token creation can shift from a process requiring deep blockchain expertise into something that ordinary users can perform.

This makes Solana a favorable environment for experimentation and new asset issuance. But it also reduces the significance of the “number of tokens created” metric itself.

If the cost of creating another token is extremely low, a network can record enormous numbers of new tokens without necessarily seeing a corresponding increase in:

Real users.

Liquidity.

Trading volume.

Market capitalization.

Revenue.

The number of tokens that survive long term.

Economic value created.

Therefore, 263,000 tokens is an indicator of activity and asset issuance capacity, not a direct measure of adoption or ecosystem quality.

Pump.fun dominates launchpads, but not overall token issuance

One easily overlooked point is that Pump.fun accounted for nearly 85% of launchpad tokens, but only around 13% of all new SPL tokens during the day.

These two percentages have very different meanings.

The first figure shows that Pump.fun holds a very large market share within the tracked launchpad segment.

The second shows that most SPL token creation activity took place outside Pump.fun.

This makes the new record more interesting than a simple memecoin surge. It raises questions about the origins of the more than 200,000 remaining tokens and whether this unusual level of issuance came from various types of automated activity, experimental assets, or other use cases on Solana.

The available data is not sufficient to classify all of these tokens, so their causes should not be asserted without a more detailed breakdown.

High token counts also increase quality and discovery challenges

When hundreds of thousands of assets can appear in a single day, scarcity no longer lies in the ability to create a token.

Scarcity shifts toward other factors such as attention, liquidity, and distribution.

A new token must compete against an increasingly large pool of assets to attract users, traders, and liquidity. Therefore, record token creation does not necessarily mean conditions have become more favorable for individual projects.

Instead, the market may become increasingly fragmented.

This is also why metrics such as token survival rate, trading volume, liquidity, and holder count may be more useful than the number of tokens created when evaluating the long-term quality of on-chain activity.

Impact

Impact on Solana

At the network level, the record shows that Solana remains an environment with extremely high levels of asset issuance activity.

High token creation volumes could generate additional demand for applications, DEXs, trading bots, wallets, and other infrastructure layers within the Solana ecosystem.

However, token creation alone does not generate significant value for the network if those tokens do not subsequently produce transactions or attract users.

Therefore, to assess the real economic impact, it is necessary to observe whether the issuance record is accompanied by sustained growth in:

Active addresses.

Non-vote transactions.

DEX volume.

Network fees.

Application revenue.

Liquidity.

Solscan also separately tracks metrics such as active wallets, transaction activity, and network fees, allowing token creation to be distinguished from actual network usage.

Impact on Pump.fun

For Pump.fun, the creation of 34,184 tokens in a single day is a strong signal of the platform’s position in the launchpad market.

A nearly 85% share of the tracked launchpad token category indicates that Pump.fun continues to have significant network effects despite the emergence of numerous competitors.

Daily revenue of $1.8 million at the time also shows that this level of activity can translate into real protocol revenue.

However, daily market share can change quickly. Blockworks has previously recorded periods when Pump.fun lost its lead in launchpad revenue or market share to competitors. Therefore, dominating for one day does not guarantee that the platform will maintain a nearly 85% share over the long term.

Impact on the memecoin market

The record could support the narrative that Solana remains a major center for memecoin activity.

However, there is not yet enough data to call this a new memecoin boom.

The reason is simple: only around 15% of all new SPL tokens identified in the cited data originated from launchpads. The remainder has not yet been fully broken down.

Even among the 40,360 launchpad tokens, simply being created does not guarantee that a token will have:

Significant liquidity.

A large market cap.

Sustainable trading volume.

A user community.

A long lifespan.

Therefore, a genuine memecoin market surge would need additional confirmation through trading volume, liquidity, and the ability of tokens to maintain activity after launch.

Impact on SOL

The record may support the narrative of high activity on Solana, but there is not enough evidence to conclude that SOL’s price will rise simply because 263,000 new tokens were created.

The economic impact on SOL depends on whether token issuance translates into more transactions, higher network fees, greater DEX volume, and stronger demand for blockchain usage.

If token creation spikes only briefly and most of those tokens generate no subsequent activity, the long-term impact on Solana and SOL could be limited.

Conversely, if the wave of new assets leads to broader trading activity and more users, it could become a factor supporting network usage. More data is still needed to determine which scenario is unfolding.

What Happens Next?

The 263,000-token record is not an event with a roadmap or a specific next implementation date. Therefore, the most important thing to monitor is whether this was a one-day spike or a sustained structural change in Solana activity.

Daily token issuance

The first metric to monitor is New SPL tokens on Solscan.

If issuance quickly returns to normal levels, the record may simply reflect a brief period of unusual activity.

If new token creation remains significantly above historical levels, it would suggest that the pace of asset creation on Solana has genuinely moved to a new baseline.

Origins of more than 200,000 tokens outside launchpads

This is perhaps the most important question that current data has not fully answered.

Only 40,360 of the more than 263,000 tokens were recorded through launchpads. More data is therefore needed to determine the origins and purposes of the majority of the remaining tokens.

Until a more detailed breakdown becomes available, there is insufficient evidence to attribute the entire record to memecoins.

Pump.fun market share

Pump.fun currently accounted for nearly 85% of tokens within the tracked launchpad category on the record day. One metric to monitor going forward is whether the platform can maintain this level of dominance over the following weeks.

Beyond the number of tokens launched, revenue and trading volume will also indicate whether this activity is translating into real economic demand.

Token survival and liquidity

The number of tokens created is only the first step.

To determine whether the record genuinely represents an expansion of the Solana ecosystem, it will be necessary to examine how many of these tokens continue to maintain liquidity, trading volume, and holders after several days or weeks.

If most of them quickly become inactive, the 263,000 figure would reflect token production capacity more than a corresponding increase in economically valuable assets.

Network activity

Finally, token issuance should be compared with transaction count, active wallets, DEX volume, network fees, and application revenue.

If these metrics rise together, the token creation record will have greater significance for Solana.

If they do not, the milestone mainly demonstrates how easy and scalable blockchain-based asset issuance has become.

FAQ

How many tokens did Solana create on the record day?

According to Solscan data cited by Cointelegraph, more than 263,000 new SPL tokens were minted on Solana in a single day. This was the highest level ever recorded and more than five times higher than the previous peak of around 40,000 to 50,000 tokens per day in December 2024.

On what date did Solana set the record of 263,000 tokens?

The Cointelegraph article was published on September 10, 2026, but stated that the record occurred on Wednesday, meaning September 9, 2026. Some aggregation sources later listed September 10, so the safest wording is that the record was recorded on September 9 and widely reported on September 10.

Were all 263,000 new tokens on Solana memecoins?

No. Solscan tracks the New SPL tokens metric, not memecoins specifically. Of the more than 263,000 tokens, the cited Blockworks data recorded only 40,360 tokens coming from the tracked launchpads, so there is no basis for describing all 263,000 tokens as memecoins.

How many tokens did Pump.fun create on the record day?

Pump.fun created 34,184 tokens out of the 40,360 tokens originating from launchpads, representing approximately 84.7%. However, compared with the more than 263,000 SPL tokens created across the entire network, Pump.fun directly accounted for around 13%.

How much did Pump.fun earn on the day Solana set the record?

At the time the data was recorded, Pump.fun generated approximately $1.8 million in revenue over 24 hours and ranked first among Solana-native protocols by daily revenue, according to DefiLlama data cited by Cointelegraph. This 24-hour metric changes continuously, so the $1.8 million figure should not be treated as a fixed daily revenue level.

Is the 263,000-token record positive for SOL?

The record shows that asset creation activity on Solana is running at a very high level, but it is not enough to conclude that it will have a direct impact on SOL’s price. The economic significance depends on whether the new tokens generate additional users, transactions, DEX volume, liquidity, and network fees. High token creation is a signal of network activity, not direct evidence of future SOL price movements.

Disclaimer: The information provided here is for informational purposes only and should not be considered financial, investment, legal, or professional advice. Always conduct your own research, consider your financial situation, and, if necessary, consult with a licensed professional before making any decisions.

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