Summary
- Unfolded announced that global token issuance is nearing 50 million.
- It explained that tokens based on Solana (SOL) account for the majority.
- The launch of the meme coin issuance platform Pump.fun is said to have influenced this phenomenon.
It has been revealed that the number of tokens issued and in circulation worldwide is approaching 50 million.
On the 4th (local time), Unfolded announced via X (formerly Twitter), "The number of tokens currently in circulation has reached 50 million," adding, "Even if you read one token name per second, it would take 600 days."
According to the chart, tokens based on Solana (SOL) account for the majority. This is interpreted as an effect of the launch of the meme coin issuance platform Pump.fun.
Meanwhile, the term "token" refers to a type of virtual asset (cryptocurrency) created on existing blockchains, and there are some functional differences between tokens and other virtual assets.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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