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Coinbase’s Base overtakes Solana in daily token issuances driven by rise in Zora, an on-chain social network which runs on Base network that lets users create tokens directly from their posts

August 5, 2025 //  by Finnovate

Base, the Ethereum Layer 2 network backed by Coinbase, has overtaken Solana (known for its memecoin support) in daily token issuances, Dune analytics data shows. The change is in large part driven by Zora, a burgeoning rising on-chain social network where every post becomes a financial asset. The redesigned app fuses social feeds with token minting, letting users create tokens directly from their posts. That move has helped the little-known ZORA token—which runs on the Base network—jump as much as 440% weekly during the app’s launch.  Since the Base App relaunch, activities in Zora have hit all-time highs: over 1.6 million Creator Coins minted, nearly 3 million unique traders, and more than $470 million in total volume. The Creator Coin model is simple but powerful. Each coin has a fixed 1 billion supply, half streamed to the creator over five years, half open to the market. Every trade sends 1% in $ZORA back to the content originator, linking engagement directly to earnings. While the “creator coin” model seems to have simplified token creation to the point that it resembles traditional social media, where every post is instantly tradable, it’s not without its critics.

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Category: Crypto & Blockchain, Innovation Topics

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