Ethereum Dominates Public Token Sales with $1.4B Raised

The Ethereum ecosystem has emerged as a leader in public token sales, accounting for nearly all of the $1.42 billion raised by projects since the start of 2026.

This concentration is partly driven by distribution: projects increasingly need access to deep liquidity, active users, wallets, exchanges, and established launch platforms.

July saw a surge in fundraising with $121 million raised, up 245% from June. Ethereum, BNB Chain, Base, Solana, and Sonic accounted for roughly 94% of the total funds raised.