Solana Token Issuance Hits Record Speculative Peak as Pump.fun Changes Incentives

Approximately 263,000 Solana tokens were minted in one day, including 34,184 Pump.fun launches, while reported platform revenue approached $1.8M. Permanent Holder Rewards may encourage retention through SOL or PUMP distributions, but rug risk, automated issuance, and fragmented liquidity remain dominant hazards.