Token sales in 2026 are expected to transition from hype-driven to structure and quality-focused models. Dynamic pricing mechanisms, such as CCA, are set to replace fixed FDV, while exchanges and launch platforms will see deeper integration. Institutional placements, multi-platform issuances, and post-launch liquidity guarantees are becoming standard. Allocation methods will shift from first-come-first-served to those based on capability and on-chain records. Compliance and community lock-ups are emerging as new protective measures. Despite a bearish market, the number of issuances is decreasing, but the scale of individual sales is increasing, favoring projects with real products, revenue, and clear token utility.