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07/31 15:52

Coinbase just ended Solana's 2-year reign - What's

Coinbase just ended Solana's 2-year reign - What's next?


Are we witnessing the start of a new default launch layer for Web3?Base is rapidly becoming the go-to launchpad for high-frequency token creation, taking over a position no chain had claimed from Solana in the past two years.

In a twist that’s shaking up the crypto scene, Coinbase’s Base network has overtaken Solana [SOL] in daily token launches. 

In fact, it is something no other chain has pulled off in the last two years. And, the shift that started around 26 July hasn’t slowed down since.

Driving the spike is Zora Coins. It is a launchpad built on Base, which is now pushing out over 60,000 tokens a day, peaking close to 80,000. That’s well ahead of high-volume Solana platforms like Pump.fun and LetsBonk.From a technical lens, the chart revealed a clear shift in volume dominance right after 29 June.

Solana launchpads like Pump.fun held the lead throughout May and early June, but Base-native tools like Zora and Moonshot have taken over since.

Moreover, the growing chunk of black bars (Zora) is not just a sign of higher token output. Instead, it also signals deeper network consolidation on Base, where one chain is now soaking up the lion’s share of token creation.

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