If you've been keeping an eye on the memecoin world, you might have noticed some interesting shifts lately. A recent tweet from SolanaFloor highlights a significant drop in token deployment activity on Solana's launchpads, down a whopping 73% from its peak. At the same time, activity is heating up on BNB Chain's four.meme platform. Let's break this down and see what it means for meme token enthusiasts and blockchain practitioners.
The data comes from a chart shared in the tweet, showing daily tokens deployed on Solana by various launchpads like Pump.fun, Moonshot, and others. Pump.fun, represented in that vibrant green, has been the dominant player, but the overall numbers have cooled off dramatically.
According to the insights provided by @ario_57_, daily token launches on Solana hit a low of 10.5K on October 8, 2025—a sharp decline from the 20K to 40K range we saw at the peak. This cooldown isn't just about numbers; it's reflected in revenue too. Pump.fun's daily earnings slipped from $2.4 million on September 15 to under $600K, marking the first time in two months it's dipped that low. Fewer tokens are graduating to full launches, which points to a broader slowdown in the Solana memecoin ecosystem.
Meanwhile, over on BNB Chain, four.meme is picking up steam. Starting in mid-September, daily launches there jumped from 3.1K to 10.8K by October 3. By October 7, four.meme was cranking out 26.8K launches compared to Pump.fun's 13.6K. The revenue flip is even more telling—on October 7, four.meme raked in $2.5 million while Pump.fun managed $900K. The next day, four.meme set a new high at $4.1 million, leaving Solana's activity in the dust.
But why the shift? Memecoin activity often rotates between blockchains, chasing lower fees, faster transactions, or just the next hot trend. The tweet notes that combined 30-day DEX volume for tokens from both platforms topped $39.6 billion, with four.meme claiming 65.3% of that pie. On October 9, four.meme-linked tokens saw $3.1 billion in daily trading volume, dwarfing Solana's $280 million for similar tokens.
This isn't the first time we've seen such rotations. Remember the "Base season" or "Blast season"? They were exciting but short-lived, and Solana's robust infrastructure—think high throughput and a thriving developer community—has a way of pulling users back. For now, though, it looks like a temporary BNB boom, especially in the memecoin niche where hype can move mountains (or markets).
As someone who's covered crypto highs and lows, from my days at CoinDesk to now building out the knowledge base here at Meme Insider, I see this as a reminder of how dynamic the space is. If you're a blockchain practitioner dabbling in meme tokens, keep an eye on these trends. They could signal opportunities to pivot or even launch your own project on an up-and-coming platform.
For more deep dives into meme token ecosystems, emerging launchpads, and the latest blockchain news, stick around at meme-insider.com. We've got resources to help you stay ahead in this fast-paced world. What do you think— is Solana due for a comeback, or is BNB stealing the spotlight for good? Drop your thoughts in the comments!