The number of high encoding projects can be attributed to the launch of pump.fun, according to Coingecko
The number of encryption projects launched over the past four years has increased by more than 1500 %, according to new data from the pioneering market complex.
In new a reportCoingecko says that 428383 encoding projects were launched only in 2021 and were inserted into the decentralized stock exchange (Dex) Geckoterminal.
But by 2025, this number increased to nearly 7 million.
Coingecko says a lot of explosive growth is linked to POMP.fun, a coded currency operation based on Solana (SOL) that enables users to publish memecoins without extensive technical knowledge and great capital.
Data from sandy coding analysis company He appears The platform has facilitated the creation of more than 10 million symbols since last year.
Coingecko says,
“Many of this jump can be attributed to the launch of Pump.fun, which is the simplest process of creating symbols, which leads to a flood of coins and low voltage projects that enter the market.”
But more than half of the encryption projects fluctuate. Coingecko says that 3.7 million coded currencies of 7 million work in GECKOTERMINAL since 2021 have stopped trading and are considered a failure.
“52.7 % of all cryptocurrency currencies on Geckoterminal have failed, with the majority of 2024 and early 2025.”
The report says that 1.8 million symbols collapsed in the first quarter of 2025 alone. The number is 49.7 % of all project failures registered from 2021 to 2025.
“This sharp decrease in symbolic survival may be linked to the wider market turmoil, especially after Donald Trump’s inauguration in January 2025, which coincided with a contraction in the encryption market.”
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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