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Raydium’s LaunchLab has created 3,792 tokens, but only 43 have moved to external trading, raising questions about quality and sustainability. Meanwhile, PumpFun continues to dominate Solana’s token creation with a faster, looser approach. The battle between curated and quick token creation heats up on Solana.
- Only 1.13% of Raydium's LaunchLab tokens have advanced to external trading, highlighting potential quality concerns.
- PumpFun controls over 60% of Solana's daily token creation, appealing to creators seeking speed over curation.
- RAY token's price rose 3.03% in 24 hours, but technical indicators suggest lingering bearish sentiment.
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