Portals Launches PORTALS Token, Eyes Breakout in Solana Gaming

Portals, a Solana-based Web3 platform for creators and entertainment, has officially launched its native PORTALS token, now trading on exchanges including Bybit, Bitget, Gate, KuCoin, Raydium, and Jupiter. 

Record-Breaking Presale

The launch follows a presale that sold out in just 11 seconds, raising 3,700 SOL at a $90 million valuation. The Token Generation Event (TGE) marks a major milestone for Solana’s gaming, Web3, and AI creator ecosystem. 

The platform provides creators with no-code tools to build and release tokens, games, and digital experiences, drawing inspiration from successful creator economies like Roblox.

Its founders say the project is designed to overcome the failures of past crypto gaming chains, which they argue “destroyed capital” rather than generating sustainable value.

Portals highlights 400% year-over-year revenue growth, supported by a dedicated user base. Its NFT collection now ranks as the second-largest on Solana by market capitalization, with whales recently spending over $1 million on rare assets.

Institutional Backing

The project has drawn support from leading investors, including Multicoin Capital, Greylock, Solana Ventures, and Foundation Capital. 

According to the company, PORTALS holders will gain access to future token drops, providing incentives to remain engaged with the platform.

Why This Matters

Portals’ fast-selling token, active NFT market, and top-tier backers signal a potential turning point for Solana’s Web3 gaming and creator ecosystem.