According to @phantom, the Phantom mobile app now supports real-time tracking of new token launches, enabling users to discover newly launched, migrating, and migrated tokens while monitoring live holder count, market cap, and trading volume; source: Phantom on X, Sep 15, 2025. The announcement highlights in-app, real-time token discovery and monitoring with live metrics designed for on-the-go market tracking; source: Phantom on X, Sep 15, 2025.

According to @ItsDave_ADA, a Cardano-based project now has 15,027 holders as of Sep 6, 2025, which flags notable user distribution on the ADA network (Source: @ItsDave_ADA on X, Sep 6, 2025). Holder count is a core on-chain metric traders use to gauge user base breadth and potential liquidity depth before positioning (Source: Glassnode Academy, On-chain Fundamentals). Traders should verify the figure and its trend via CardanoScan or TapTools, and monitor top-holder concentration and DEX liquidity to assess supply overhang and slippage risk (Source: CardanoScan documentation; IntoTheBlock methodology). Rising holder count alongside increasing active addresses and DEX TVL is generally viewed as constructive for ADA market structure and price discovery breadth (Source: Glassnode Academy research on network growth and asset valuation).

According to @ItsDave_ADA, a Cardano-native token minted on Solana two months ago has only 30 holders, with 23 wallets holding under $100, indicating very limited distribution. Source: @ItsDave_ADA. These holder metrics point to thin liquidity and elevated slippage risk for that specific asset, which is critical for trade sizing and order type selection. Source: @ItsDave_ADA. The post uses this example to argue Solana may not be the optimal place to build in this case, cautioning traders against extrapolating chain-wide demand from isolated launches. Source: @ItsDave_ADA. Traders considering similar cross-chain tokens on Solana or Cardano (SOL, ADA) should review on-chain holder growth and DEX liquidity depth before entering positions. Source: @ItsDave_ADA.