Base Obliterates Solana: 51,575 New Tokens Minted in 24 Hours—Is This the End of SOL’s Dominance?

Move over, Solana—Base just dropped a nuclear payload on the L2 wars. With 51,575 tokens created in a single day, Coinbase's Ethereum layer-2 isn't just competing; it's rewriting the playbook.

Token tsunami or vaporware factory? The numbers don't lie. While Solana stans were busy meme-ing about 'blazing fast speeds,' Base developers were quietly deploying more tokens than a hedge fund creates shell companies.

Here's what's really happening under the hood. Base's low-cost environment is attracting degens like moths to a flame—never mind that 90% of these tokens will be rug-pulls by Friday. But hey, in crypto, liquidity is liquidity... even if it's just VC play-money chasing the next vaporwave trend.

Final thought: When the music stops, remember—blockchains don't crash, they just 'experience volatility events.'

The day Solana was dethroned: a quantified slap

Monday, July 28, 2025, will go down in the annals of crypto. That day,, via its, generated. A figure that shatters the combined production of Pump.fun (4,173) and LetsBonk (22,554), both kings of Solana. Alone, Zacross both blockchains.

Coinbase director Conor Grogan reacted on X: “This is the first time since early 2023 that a blockchain has surpassed solana in number of tokens launched.” 

This, shows that crypto dynamics can turn abruptly as soon as a relevant use emerges.

Zora, for its part, is not just a memecoin factory.. A bold idea, as Johnny from Base explains:

These are NOT just bots launching tokens. These are USERS creating CONTENT. And instead of the content going viral then being tokenized, both happen simultaneously. 

From Pump.fun to Zora: the new era of viral tokens

The emergence of Zora is no accident. It relies on a spectacular rise since the. The integration oflike instant minting of posts and AI image generation allowed the platform to go from 4,000 to over 38,000 tokens minted per day. Meanwhile, the price of the ZORA token exploded by 440%.

Unlike Pump.fun,each post becomes a marketplace, each profile an asset. This model, although criticized, attracts creators, speculators, and fans of viral crypto.

Jesse Pollak, Head of Base, defends this approach:

Content is precious. Creators are precious. And tokens are the most powerful technology we have to circulate that value. 

Some, like Anatoly Yakovenko, co-founder of Solana, remain skeptical. For him, without linkage to cash flows or real assets,. A debate as old as crypto itself, between utility, art, and bubbles.

Zora: Between Creative Euphoria and Uncertain Future

The rise of Zora hints atin the crypto ecosystem. The SocialFi model based on content becomes a lever for direct value creation. But behind the euphoria lie issues of sustainability and regulation.

Key figures of the Zora tidal wave:

• 51,575 tokens created in one day, compared to 4,173 for Pump.fun;
• +440% increase in the price of the ZORA token in 7 days;
• Up to 38,000 tokens minted on July 24;
• Daily trading volume exceeding 6 million dollars;
• More than 12,000 unique active creators, with rewards exceeding $30,000/day.

Despite these performances, critics denounce, where snipers and automated Trading Bots capture value at the expense of small holders. Developer Sterling Crispin summarizes this concern: “It’s a zero-sum game of musical chairs. Nobody walks away with more than they put in, unless someone else loses.”

But beyond the excesses, Zora’s message is clear: in the crypto universe,. And those who master the codes of virality may hold the key to the next cycle.

Pump.fun is going through a gloomy period. The project, once emblematic of Solana-mania, has seen its valuation drop below the one billion-dollar mark. A first since its meteoric rise. Recovery prospects exist, but competition is intensifying and Zora’s viral tokens are capturing attention. In this ruthless market, only constant renewal can avoid relegation.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.