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Solana Pulls $2.85B in Annual Revenue, Outpacing Ethereum’s Early Growth by 30x

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Solana has posted $2.85 billion in annual income, cementing its place because the fastest-growing blockchain of the yr, in line with a brand new report from Swiss asset manager 21Shares.

Key Takeaways:

  • Solana generated $2.85 billion in annual income, with buying and selling platforms contributing almost 40% of the whole.
  • The community peaked at $616 million in January in the course of the memecoin growth, sustaining sturdy month-to-month revenues afterward.
  • Solana’s development now outpaces Ethereum’s early efficiency by over 30x, fueled by high exercise, effectivity, and institutional adoption.

The bulk of that earnings was fueled by buying and selling platforms, which accounted for $1.12 billion, or roughly 39% of complete income.

Solana’s Revenue Peaked at $616M Amid January’s Memecoin Frenzy

Between October 2024 and September 2025, Solana averaged round $240 million in month-to-month income, peaking at $616 million in January in the course of the memecoin mania pushed by tokens reminiscent of Official Trump (TRUMP).

Even after the hype light, month-to-month figures remained regular between $150 million and $250 million, ranges unseen by any blockchain at the same stage of improvement.

Validator charges throughout Solana’s ecosystem, spanning DeFi protocols, memecoins, AI functions, decentralized exchanges, and launchpads, proceed to gas the community’s monetary power.

Trading apps like Photon and Axiom led the cost, cementing Solana’s dominance because the main high-performance blockchain for on-chain markets.

According to 21Shares, Solana’s income development outpaces Ethereum’s early trajectory by greater than 30 instances.

Five years after launch, Ethereum generated underneath $10 million per thirty days, whereas Solana now produces between $200 million and $250 million constantly.

The report attributes this to Solana’s low-cost, high-throughput design, which helps over 1.2 to 1.5 million every day energetic addresses, roughly triple Ethereum’s early consumer base.

The report additionally highlighted the rise of “Solana treasury firms,” public corporations holding SOL as a part of their company steadiness sheets.

Nearly $4 billion price of SOL is now held by 18 tracked entities, together with Forward Industries and Sharps Technology.

Nasdaq-listed Brera Holdings lately rebranded to Solmate after elevating $300 million to construct a Solana-focused treasury and infrastructure platform.

Meanwhile, market hypothesis is constructing across the potential approval of spot Solana ETFs. Applications from Fidelity, VanEck, Grayscale, and others await US Securities and Exchange Commission (SEC) selections, now delayed by the federal government shutdown.

On prediction market Polymarket, merchants are betting with 99% confidence {that a} Solana ETF will probably be authorized earlier than the top of the yr.

Bitwise CIO: Solana Will Be Wall Street’s Go-To Network for Stablecoins

As reported, Bitwise chief funding officer Matt Hougan believes Solana is positioning itself as the blockchain of alternative for Wall Street as establishments search for scalable infrastructure to energy the following part of digital finance.

“I believe Solana is the brand new Wall Street,” he mentioned, citing its efficiency and technical capabilities as key elements drawing institutional consideration.

According to Hougan, monetary establishments are beginning to take tokenization and stablecoins severely, viewing them as transformative applied sciences that may reshape all the things from funds to capital markets.

“Really essential persons are saying that stablecoins will reinvent funds and tokenization will reinvent inventory, bond, commodity, and actual property markets,” he mentioned.

The put up Solana Pulls $2.85B in Annual Revenue, Outpacing Ethereum’s Early Growth by 30x appeared first on Cryptonews.

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