TechFlow reports, on November 15, according to The Block, data shows that the Solana network has become the dominant platform for new token launches, capturing 89% of the market share. Last week, a total of 181,000 new tokens appeared on decentralized exchanges, with the majority originating from meme coin launch platforms such as pump.fun.
Data indicates that the Solana network is currently processing approximately 41 million non-voting transactions, reflecting stable user activity. Despite the high volume of new token launches, only about 1% successfully get listed on Raydium. Solana's low fees and high throughput continue to support sustained network activity.
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