The launchpad Zora, operating on the L2 solution Base, has surpassed former segment leaders Pump.fun and LetsBonk in the number of meme tokens issued.
This is the first time since early 2023 that a chain has had more tokens launched on it than Solana https://t.co/J333ac1cGj
— Conor (@jconorgrogan) July 29, 2025
“For the first time since early 2023, more tokens have been issued on this network than on Solana,” wrote Coinbase director Conor Grogan on X.
Last month, Zora was issuing approximately 6,500 tokens daily. However, on July 28, the figure exceeded 50,000. For comparison, during the same period, LetsBonk generated 22,554 coins, and Pump.fun 4,173. The new “meme coin factory” accounted for 67.7% of all launches in the Base and Solana networks.
Activity on the platform noticeably increased shortly after the launch of Coinbase’s “super app”. The largest American crypto exchange fully supports the protocol and ecosystem of the Ethereum-based second-layer solution.
What’s crazy is that these AREN’T just bots launches tokens.
These are USERS creating CONTENT. And instead of that content going viral AND THEN being tokenized and traded….they will happen at the same time.
And it won’t be the bot who launched the token that earns, it will be… https://t.co/7cSvDuTExi
— Johnny_TVL (@john_tv_locke) July 29, 2025
“It’s crazy, but these AREN’T just bots launching tokens. These are USERS creating CONTENT,” wrote Base’s DeFi head under the nickname Johnny_TVL.
The Bot Overload
According to dashboard data analyst Adam, of the 50 most profitable wallets on Pump.fun, only one belongs to a human — trader Cupsey.
The specialist explained that bots massively create tokens, buy up the supply immediately after launch, and then conduct a rug pull within minutes. Earlier this year, one such trader earned $840,000 in three months by issuing 17,000 “funny coins.”
Zora vs Pump.fun
Zora significantly differs from the former segment leader Pump.fun. The platform not only issues tokens but also turns each social media post into a token based on Base. Users trade these posts, effectively betting on their viral potential — in this context, it resembles other “factories.”
While bot activity on Zora is possible, supporters believe the platform encourages the spread of “authentic content.” One of the most successful projects is the Visualize Value series by artist Jack Butcher.
“At least Jack is always trying something new,” wrote a user under the nickname confugen.
Earlier, Solana Labs co-founder Anatoly Yakovenko called meme coins and NFTs “digital junk,” disputing with Base creator Jesse Pollak.