, ,

How Base Chain Overtook Solana in Token Launches: Visual Data Breakdown

For the first time since early 2023, a blockchain other than Solana has captured the crown for daily token launches. Coinbase’s Layer 2 network, Base, recently surpassed Solana in new tokens created per day, signaling a pivotal shift in the competitive landscape of blockchain ecosystems. The catalyst? Zora, an innovative protocol enabling users to rapidly mint and monetize digital content as tokens, drove Base to over 100,000 new tokens minted on July 27 and 28 alone. This explosive activity was recorded by Sealaunch on Dune Analytics and marks a dramatic reversal of fortunes for Solana, which had previously accounted for more than 87% of all new tokens launched in 2024.

Solana (SOL) Live Price & Trend

Powered by TradingView



Base Chain Token Launches: Visualizing the Flippening

The numbers tell a compelling story. According to data aggregated by Sealaunch and reported by CryptoSlate, Base’s daily token creation outpaced Solana starting July 26. On those key days, Base saw an unprecedented surge, over 100,000 tokens minted via Zora, while Solana-based platforms like Pump. fun and LetsBonk generated significantly fewer assets. This wasn’t just a flash in the pan; it marked the beginning of a sustained trend where Base began leading in daily token issuance.

This rapid acceleration is more than just a technical milestone; it reflects shifting developer sentiment and evolving user behavior. With lower transaction fees and simplified onboarding through protocols like Zora, Base provides an accessible environment for creators looking to tokenize content or experiment with memecoins at scale.

Base vs Solana Token Stats: Data-Driven Comparison

Let’s break down the numbers:

  • Base: Over 100,000 tokens minted on July 27-28 (source: Dune Analytics/Sealaunch)
  • Solana: Previously dominated with over 87% share of new tokens launched through early-to-mid 2024 (The Block)
  • Pump. fun/LetsBonk (Solana): Daily output now trails behind Base’s Zora-driven minting spree
  • Total Value Locked (TVL): Base chain TVL up 97.21% in past 30 days (Binance/DefiLlama data via Binance Feed)

This shift is not only quantitative but qualitative as well; while Solana remains strong in DeFi and tokenized stocks (with its tokenized stock market cap surpassing $100 million as of June 30 per CryptoSlate), Base has become the go-to network for rapid-fire content coins and experimental memecoins, fueled by its integration with Ethereum’s security model and cost-efficiency.

The Memecoin Effect: Trends Fueling Creator Economies on Base

The proliferation of Base memecoins, many launched as experimental or viral social assets via Zora, has added rocket fuel to this ecosystem growth. The ease of launching tokens without deep technical knowledge democratizes access but also raises questions about sustainability versus speculation, a debate that continues to play out across crypto Twitter and developer circles.

Solana (SOL) Price Prediction 2026-2031

Near-term and medium-term outlook for Solana based on current market dynamics and competition from Base chain

Year Minimum Price Average Price Maximum Price % Change (Avg vs. Current) Market Scenario Insights
2026 $135.00 $185.00 $270.00 +3.2% Base chain’s growth pressures SOL, but Solana’s DeFi and tokenized assets provide support
2027 $120.00 $210.00 $320.00 +17.2% Regulatory clarity and DeFi expansion could drive average prices higher; risk from further Base adoption
2028 $110.00 $235.00 $380.00 +31.1% Solana’s network upgrades and new use cases (e.g., tokenized stocks) attract capital, but competition remains fierce
2029 $150.00 $265.00 $450.00 +47.8% Market cycle uptrend phase; Solana leverages hybrid DeFi and RWAs, Base and Ethereum L2s still competitive
2030 $170.00 $295.00 $520.00 +64.6% Bullish scenario: Solana regains momentum with major partnerships and institutional adoption
2031 $200.00 $335.00 $600.00 +86.9% Peak of next cycle: Solana benefits from mainstream DeFi, but volatility remains high

Price Prediction Summary

While Solana faces short-term headwinds from the rapid rise of Base chain in token launches, its innovations in DeFi, tokenized assets, and network efficiency position it for steady growth over the next six years. Average price targets suggest moderate gains, with significant upside potential in bullish scenarios, especially if Solana can differentiate its ecosystem and attract institutional capital. However, competition from Base and other L2s, as well as market cycles, may introduce periods of volatility and consolidation.

Key Factors Affecting Solana Price

  • Competition from Base and Ethereum Layer 2 chains in token creation and developer mindshare
  • Solana’s continued focus on DeFi, tokenized stocks, and low-latency trading infrastructure
  • Regulatory developments affecting DeFi and token issuance
  • Network upgrades, scalability improvements, and ecosystem partnerships
  • Overall crypto market sentiment and macroeconomic conditions
  • Potential for new killer applications (e.g., AI agents, RWAs, cross-chain liquidity)

Disclaimer: Cryptocurrency price predictions are speculative and based on current market analysis.
Actual prices may vary significantly due to market volatility, regulatory changes, and other factors.
Always do your own research before making investment decisions.

This surge isn’t without controversy. As reported by Crypto Briefing, some high-profile launches, including a tweet turned $17M token, have sparked heated discussions about responsible tokenization practices on Base versus established norms on Solana.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts