ChainCatcher message, as of September 30, a total of 96,010 new tokens have been issued on Solana this year, with the total number of new tokens issued on all tracked chains reaching 110,180, and new tokens on Solana accounting for over 87% of all new tokens on DEX.Data shows that the number of new tokens has surged sharply from nearly zero at the beginning of 2024, stabilizing at over 100,000 monthly by mid-year. The explosion of Memecoins has been key to the surge in new tokens, as the pump.fun platform has significantly simplified the token creation process, driving a wave of speculative activity.

ChainCatcher news, Evernode plans to introduce Hooks and a new token Codii on the XRP Ledger (XRPL) to enhance programmability, which has been questioned by Ripple's Chief Technology Officer David Schwartz.Schwartz believes the plan is overly complex and offers no clear benefits, warning that it could lead to increased transaction fees across the network due to higher resource demands.Evernode co-founder Scott Chamberlain proposed that the Codii token would be used to pay for the execution fees of Hooks, but Schwartz argued that XRP should be used directly to simplify the system and avoid unnecessary cost increases.

ChainCatcher news, the cryptocurrency asset management company Grayscale has updated its investment strategy, announcing 20 cryptocurrencies expected to perform significantly by the end of 2024. According to reports, the Grayscale research team believes that emerging themes in cryptocurrency include the rise of decentralized AI platforms, the tokenization of traditional assets, and the continued popularity of Memecoins. This time, they have added 6 new altcoins to the top 20 list, including SUI, TAO, OP, HNT, CELO, and UMA. Additionally, assets such as Render, Mantle, ThorChain, Pendle, Illuvium, and Raydium have been excluded this quarter.

ChainCatcher news, according to market information, the Ethereum ecosystem's new token issuance platform TaxFarm.ing has launched the token FARM with a price of $0.0039 in the past 5 hours, with an increase of over 214% in the last hour.According to the official website, the platform will support earning 50% of the platform's revenue directly in ETH by staking FARM.

ChainCatcher news, according to The Crypto Basic, Ripple will launch a new token standard "MPT" on the XRP Ledger this month, aimed at enhancing its support for Real World Assets (RWA).Ripple's DeFi product lead Jasmine Cooper explained that MPT is specifically designed for RWA and can store metadata directly with the assets. This integration enhances the scalability and flexibility of XRPL, making it more suitable for institutional use cases and lowering the entry barrier for these organizations.

ChainCatcher news, the DOGS official announced in the Telegram channel that for users who have not yet claimed their tokens, two new claiming options will be added in the application tomorrow:Faster withdrawals, requiring a small fee paid in DOGS;Slower withdrawals, but no fees.Users can choose the method that best suits their needs for receiving DOGS, which will speed up the process with less blockchain load.

ChainCatcher message, according to the official announcement, Sun Dao and HTX Dao will jointly launch a voting campaign for listing coins from September 2, 00:00 to September 5, 00:00 (UTC+8). Meme coins that reach 100% Bonding Curve on SunPump (excluding those already listed on HTX) will automatically enter the voting pool.According to the rules, users holding veSUN can vote, with 1 veSUN equaling 1 vote. Users without veSUN can participate by staking SUN. Voting will take place on the SunPump homepage, and the project with the highest votes, not less than 4 million veSUN, will be listed on HTX. If the project with the highest votes is listed early, the project with the second-highest votes will take its place.

ChainCatcher message, Jupiter stated on platform X that earlier today, Jupiter's new token service stopped accepting new tokens. While users can still trade these tokens normally, certain features (such as DCA) are no longer applicable to newly launched tokens after the service halt. Jupiter mentioned that the subsequent issues have been resolved and the service has returned to normal. The new token service launched about a month ago lacked reliability, and efforts will continue to improve the stability and reliability of this service.

ChainCatcher news, tokenized asset management company Superstate has launched a new tokenized fund that will generate returns based on a "cash and carry" investment strategy.The USCC token is an ERC-20 token on the Ethereum blockchain that creates returns for holders by purchasing spot Bitcoin and Ethereum, while taking equal-sized short positions or sell operations in BTC and ETH futures. This trading strategy provides a market-neutral position that allows profit from the market without any directional bets on price movements. For example, some hedge funds implement this strategy by purchasing shares of spot Bitcoin ETFs and selling Bitcoin derivatives on the Chicago Mercantile Exchange (CME). Integrating investment strategies like arbitrage trading into digital tokens is a new form of the hot tokenization trend in the cryptocurrency space, placing traditional investments such as bonds, funds, and credit onto the blockchain.Superstate sells futures with specific expiration dates to provide more predictable returns and distributes profits to all token holders. To execute the fund's futures trades, Superstate collaborates with major brokerage firms, while the spot assets are custodied by its partner Anchorage Digital.

ChainCatcher news, CCData data shows that the number of new tokens listed on major cryptocurrency exchanges in the first half of 2024 has already exceeded the total for the entire year of 2023.The number of tokens listed on larger exchanges with high trading volumes, including Binance and Bybit, increased by 11.6%, reaching 2,066, while the number of tokens listed on smaller exchanges with lower trading volumes, including CoinJar and BTC Markets, increased by nearly 32%, reaching 488.

ChainCatcher news, the cryptocurrency market data provider CoinMarketCap released a report indicating that as of June 25, data shows that the four major cryptocurrency exchanges Binance, Bybit, OKX, and Bitget have seen new token projects listed in 2024 affected by market conditions, with most projects performing poorly since their initial listing.In addition to external market conditions, their different listing strategies may also be one of the reasons for the performance differences of the tokens listed by the four exchanges. For example, Bitget and Bybit have listed the most tokens this year, with Bitget listing over 310 tokens and Bybit listing over 130 tokens, focusing on memecoins and related sectors. This strategy also aims to actively cater to the market's demand for highly volatile tokens this year, although it has its drawbacks. These tokens often come and go quickly, resulting in approximately 80% and 70% of new tokens on these two exchanges being at a loss overall.Binance, as the industry leader, has adopted a different strategy, listing a relatively low number of tokens, around 30, possibly to take a more cautious approach and conduct thorough due diligence before listing projects. However, even so, Binance has not been immune to the overall market's downturn, with about 50% of new projects currently experiencing negative ROI. Moreover, the projects listed on Binance generally have larger market capitalizations, and these negative ROIs will have a greater impact on the overall market. This also highlights the universality of the current market slump from another perspective.Looking at the market in the second half of 2024, many opportunities are already visible, whether it is the supply shock after the halving, the first interest rate cut by the Federal Reserve since 2021, or the upcoming U.S. election where both Trump and Biden have expressed support for the cryptocurrency industry, all of which will provide new momentum for the cryptocurrency market.

ChainCatcher news, Smart Layer stated on X that after announcing the updated TokenScript framework and the smart layer network roadmap, it will outline new plans for the enhanced SLN token.

ChainCatcher news, according to the official announcement, Binance has completed the contract swap for WazirX (WRX) and has opened the deposit and withdrawal services for the new WRX tokens. Note:The tokens have been swapped at a ratio of 1 WRXOLD = 1 new WRX;WRXOLD tokens will no longer be supported for deposit and withdrawal on the BNB Beacon Chain (BEP2) network;WRXOLD tokens will no longer be supported for withdrawal on the Ethereum (ERC20) network and WRXOLD tokens on the BNB Smart Chain (BEP20) network, while deposit services remain open.

ChainCatcher news, according to Bitcoin.com, in the past seven days, the number of tokens issued by Solana has surpassed the total number of tokens issued by Ethereum, Base, Optimism, Blast, and Arbitrum in the past 11 days. Since June 1, these five networks have issued a total of 80,235 new tokens; however, in the shorter span of seven days, Solana issued 115,773 tokens.A large number of new Meme coins launched in recent months are based on Solana. In the past month, over 500,000 tokens have been issued on Solana, with metrics from June 11 showing that 549,386 new tokens were minted within 30 days.So far, there are 1.25 billion SOL-based tokens on the Solana blockchain.

ChainCatcher news, Base ecosystem RWA market Grand Base recently announced new token economics and will launch a new contract to restart the token.The total supply and final supply of the new token are set at 25,000,000 tokens. Compared to the old token economics, this means a 50% reduction in the number of tokens, with the specific allocation as follows:6,720,000 tokens for community airdrop (26.88%), specifically for the previous liquidity providers who suffered losses; vesting period of 12 months, 0% unlocked at TGE, and 5% of the total allocation unlocked monthly;10,000,000 tokens (40%) will be distributed for protocol restart airdrop based on the snapshot; vesting period of 3 months, 16.65% unlocked at TGE, then unlocked weekly;4,000,000 tokens (16%) will constitute the treasury, providing sufficient resources for future initiatives and the sustainability of the ecosystem; vesting period of 12 months, with 10% unlocked at TGE and 10% of the total allocation unlocked monthly;3,000,000 tokens (12%) reserved for the Grand Base team; vesting period of 12 months, no initial unlock at TGE, and no monthly unlock;1,180,000 tokens (4.72%) will be allocated to MEXC holders, with the total token amount minted and sent to MEXC members responsible for executing automatic swaps to facilitate this allocation; 100% unlocked at TGE;100,000 tokens (0.4%) will ensure initial liquidity paired with USDC on Aerodrome; 100% unlocked at TGE.

Solscan posted on the X platform that in May, 547,000 new tokens were launched on the Solana chain. There was a significant surge around mid-month, with the number of new tokens created reaching a record high of 23,036 on May 17, averaging nearly 17,700 new tokens launched per day.

ChainCatcher news, according to The Block, due to the low entry threshold and the surge in demand for creating popular memecoins, nearly 500,000 tokens were launched on the Solana blockchain in May.According to data from The Block Pro, 455,000 tokens were created on Solana in May, while 177,000 tokens were created on Ethereum Layer 2 Base, and 39,000 tokens were created on the BNB chain. In contrast, fewer than 20,000 tokens were created on the Ethereum mainnet and Layer 2 networks Arbitrum and Optimism.

ChainCatcher news, EOS Network Foundation (ENF) CEO Yves La Rose posted on social media that the new tokenomics proposal for the EOS network has been officially approved.It is reported that the proposal will close inflation and destroy 80% of the future total supply of EOS, with code deployment effective on June 1. The future total supply of EOS will be fixed at 2.1 billion tokens.