Activity on Solana's token issuance platform has cooled significantly, with daily issuance dropping 73% from its all-time high to 10,500 on October 8th, while Pump.fun's revenue has fallen from $2.4 million to under $600,000. Meanwhile, BNB Chain's Four.meme has seen a surge, issuing 47,800 tokens in 24 hours, generating $4.1 million in daily revenue. Its tokens accounted for 65.3% of the $39.6 billion in total DEX trading volume over the 30-day period, signaling a potential shift in memecoin activity towards "BNB season."