Solana's launchpad activity has experienced a significant decline, with daily token launches dropping 73%, according to Solanafloor. In early September, Solana was a leader in the memecoin market, but by early October, daily launches decreased from 20,000–40,000 to just 10,500. Concurrently, Pump.fun's daily revenue fell from over $2.4 million to under $600,000.
In contrast, BNB Chain's Four.meme has seen a remarkable rise. On October 8, daily launches surged 3.5 times, reaching 47,800, and daily revenue hit $4.1 million, surpassing Pump.fun's $900,000. Over the past month, Four.meme tokens accounted for 65.3% of the $39.6 billion in DEX trading volume.
Solana Launchpad Activity Plummets 73% as Four.meme Gains on BNB Chain
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