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themerkle.com Solana’s Trenches Slow Down, Launchpad Activity Drops as BNB Gains Steam

After months of frenzied token creation, the trenches on Solana are finally cooling off. Since mid-August, activity across Solana launchpads has slowed sharply, and the numbers show it. Launchpad Volume Takes a Hit According to data from Pine Analytics, daily token deployments on Solana launchpads have fallen from their peak of roughly 25K–40K per day in mid-August to just 10K–13K per day now. That’s a drop of nearly 70%. Graduations, the number of tokens reaching liquidity thresholds, tell a similar story. They’ve plunged from 150–300 per day during the summer frenzy to about 70 per day now. The slowdown marks The post Solana’s Trenches Slow Down, Launchpad Activity Drops as BNB Gains Steam appeared first on The Merkle News.