According to online reports, according to The Block data, 89% of new tokens issued last week were based on the Solana network. DEX launched a total of 181,000 new tokens, with the release of memecoin on platforms such as pump.fun being the main factor driving this activity. Despite the large issuance volume, only about 1% of tokens have been successfully listed on Raydium. Solana is able to process a large number of transactions without significantly increasing fees, thereby supporting continued activity.