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Base Outpaces Solana in Daily Token Issuance

Zora’s automatic creator-coin minting has generated over $470 million in trading volume across 1.6 million tokens since the Base App relaunch.

Base chain

Overview

  • On July 27, Base recorded 54,300 token issuances in a single day, outpacing Solana’s 47,100 by nearly 15%.
  • Almost 3 million unique traders have taken part in Zora’s creator-coin ecosystem on Base since its SocialFi debut.
  • The ZORA token surged 440% during the platform’s launch wave and remains over 500% higher than a month ago despite a recent 14% pullback.
  • Base’s Layer-2 network sustains roughly 94 transactions per second and low fees, enabling mass on-chain minting that Ethereum’s 17 TPS mainnet cannot match.
  • Analysts warn that short-term speculation drives much of the boom, casting doubt on the long-term viability of the creator-coin frenzy.