Solana sees 1.2 million new SPL tokens in April with memecoins taking center stage
Solana recorded a massive surge in token creation throughout April, with over 1.2 million new Solana Program Library (SPL) tokens minted during the month. SPL is the token standard for the Solana network, similar to ERC-20 for Ethereum. Data from Solscan shows that daily token mints consistently averaged between 30,000 and 55,000 during the reporting…