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Zora on Base created over 51,000 tokens in one day, surpassing Solana-based platforms Pump.fun and LetsBonk
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Base became the first chain since early 2023 to outpace Solana in daily token launches
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Zora turns every user post into a tradable token, driving unique user engagement
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Pump.fun’s dominance has faded as bot activity and copycat tokens raised concerns
Zora Outpaces Solana Giants in Token Creation
Zora, a launchpad on Coinbase’s Layer 2 network Base, created more than 51,000 tokens in a single day, eclipsing Solana’s Pump.fun and LetsBonk combined. The surge marks the first time since early 2023 that any chain has hosted more token launches than Solana, according to Coinbase director Conor Grogan.
The number represents a significant jump from Zora’s typical 6,500 daily tokens. In contrast, LetsBonk launched 22,554 tokens and Pump.fun just 4,173 on the same day, with Zora accounting for nearly 68% of total Base and Solana token activity.
How Zora Works Differently from Pump.fun
Zora functions as a social media platform where each user post automatically becomes a token. This model allows traders to speculate on the virality of posts. Unlike Pump.fun, which allows mass token launches—often exploited by bots—Zora emphasizes user-generated content, such as art and daily-life updates.
Still, both platforms support creator revenue sharing, which has incentivized mass deployments of tokens. On Pump.fun, a wallet once created 17,000 tokens and earned $840,000 in just three months by selling early.
The Rise and Fall of Pump.fun’s Market Share
Pump.fun, launched in early 2024, dominated the memecoin scene by producing nearly 5 million tokens by year-end. However, its appeal has declined amid competition, bot-driven manipulation, and content fatigue. A recent example includes TsunamiInu, a memecoin launched during a real-world event, which briefly hit a $16 million market cap.
By comparison, Zora has gained credibility through successful projects like Jack Butcher’s “Lemonade Stand” art series, which blends conceptual design with price gamification.
