@8blocks.base.eth

📊According to CoinGecko, around 5.3 million tokens were launched in 2024 on Pump.fun alone. Not listings. Actual deployed tokens. In 2025, Solana launchpads averaged 26,000-56,000 new tokens per day. Even by rough estimates, that’s 10–15 million tokens a year in one segment. Here’s the key point: most of these tokens can’t have a product by definition. Not due to lack of effort, but because product development and distribution simply don’t scale as fast as token deployment. Tokens with real utility (fees, access, security, real cash flows) aren’t launched in millions. They’re launched in hundreds per year. Across sources, the split looks like this: • ~50–200 tokens with real utility • ~200–600 tokens with partial utility Everything else exists because launching a token is cheaper and faster than building even a basic product.

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