
If you were launching an ERC20 token today, which chain would you choose?
We looked at token creation data from our Token Generator across 54,900+ tokens created since 2018.
The all-time breakdown is still dominated by two ecosystems:
- BNB Smart Chain: 48.3%
- Ethereum: 45.2%
That said, the picture changes quite a bit when looking at more recent periods.
Since 2023:
- BNB Smart Chain: 38.1%
- Ethereum: 31.2%
- Polygon: 13.2%
- Base: 8.8%
- Avalanche: 7.8%
Since 2025:
- Base: 31.8%
- BNB Smart Chain: 27.3%
- Ethereum: 22.9%
- Polygon: 13.3%
A few takeaways from our side:
BNB Smart Chain’s all-time lead seems heavily influenced by the 2021/2022 cycle, when it saw a lot of token-launch activity.
Ethereum remains consistently present across every timeframe, even as cheaper and faster environments gained traction.
Base is the most interesting recent shift. In 2025 data, it has become the top network for new token creation in our sample.
I’m curious:
When launching a new token today, would you still choose Ethereum mainnet, an L2 like Base, another Ethereum L2, or a different chain entirely?
And what matters most in that choice: security, liquidity, user distribution, gas costs, tooling, decentralization, or something else?