Solana Leads With 2.5x Ethereum’s Revenue

Solana went ahead of other networks on a key measure: the revenue. This gap is large enough to change the way traders and manufacturers speak where money flows into cryptocurrency.

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Solana Tops Blockchain Revenue Charts

According to data shared by the cryptographic media, Solana generated $ 1.25 billion in revenue from one year to the next. This is about twice and a half times the entrances of Ethereum, which are found at $ 523 million so far this year.

Only two other chains have eliminated the sign of $ 100 million: BNB Smart Chain at $ 148 million and Bitcoin at $ 135 million.

Basic, Coinbase’s Layer-2, records $ 54 million and leads the L2 group, while arbitrum, Polygon and Optimism Report enter between $ 10.80 million and almost $ 3 million.

The monthly numbers show growth based on app

Over the past 30 days, Solana has obtained over 210 million dollars of revenue. Much of that money has been earned by the apps on the network rather than the basic level of Solana.

On the basis of reports, Memecoin Launchpad Pump.fun and the trading Bot Axiom Pro have generated almost $ 53 million and $ 51 million respectively in the last month.

Decentralized exchanges such as Jupiter and Meteora, together with the ghost portfolio, are also classified among the best revenue generators.

The Solana chain commission ray was $ 4.56 million in the same period, placing the same eighth chain among the sources of revenue.

Solusd currently exchanges at $ 217. Graphic designer: tradingview

The apps capture most of the commissions

Reports revealed that developers and investors see it as a single feature: apps can make great money.

Axiom’s exchange became the fastest app to reach $ 200 million revenue, doing it in 202 days when it reached its sign on August 4th.

Pump.fun reached $ 200 million in 303 days. The CEO of Helius Labs Mert Mumtaz said that the architecture of the ecosystem attracts manufacturers who can perform heavy revenue services and numbers seem to support this vision.

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The price moves follow revenue titles

Sol reacted. According to Price Trackers, Sol has risen by about 6% to $ 215 in a single session and has increased by 17% in the last 30 days.

Sol, however, only late late tokens of bigger tokens such as Bitcoin, Ether, XRP and BNB. The earnings of the market and the revenues of the big apps are guiding a bullish feeling between the traders and some funds managers.

First floor image from Shutterstock, TradingView chart

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