Crypto boom: 1 million new tokens launched in just 30 days
The cryptocurrency market has seen the creation of over one million new tokens in just 30 days. This explosive growth highlights the rapid development and increasing interest in digital assets. Ethereum (ETH) has seen 372,642 new tokens since April 1st, with 88% on Coinbase’s layer-2 blockchain, Base. Meanwhile, Solana (SOL) has witnessed a significant influx of new tokens , driven by the popularity of memecoins. This unprecedented activity underscores the dynamic evolution of the crypto landscape. Conor Grogan , Coinbase Director, highlighted in an X (formerly Twitter) post that this number is double the number of tokens created on Ethereum between 2015 and 2023. Picks for you Native DYDX staking now on Anchorage Digital 12 mins ago Bitcoin network activity at 5-year low while BTC price is 10x higher 40 mins ago CROSS THE AGES secures $3.5M in equity round led by Animoca Brands 1 hour ago Bitcoin ‘danger zone’ is ‘officially over,’ What’s next for B...