Solana 2025 Performance Revealed: Ecosystem Application Revenue Hits Record High, Daily Active Wallets Surpass 3.2 Million

【Blockchain Rhythm】Solana’s performance in 2025 has been outstanding. This public chain not only achieved explosive growth in application ecosystem revenue but also saw significant improvements in network performance, with asset scale setting multiple records.

From the application side, the total annual revenue of the Solana ecosystem reached $2.39 billion, a 46% increase year-over-year. Among them, seven leading applications—Pump.fun, Axiom, Meteora, Raydium, Jupiter, Photon, BullX—each surpassed $100 million in revenue. Notably, mid- and long-tail applications with revenue below $100 million contributed over $500 million collectively, indicating that ecosystem prosperity is not solely reliant on a few giants.

Network-level data is equally impressive—network revenue reached $1.4 billion, growing 48 times compared to two years ago. The year saw 33 billion non-voting transactions (including 116 billion total transactions), a 28% increase quarter-over-quarter. The average non-voting TPS remained stable at 1054, with daily active wallets reaching 3.2 million, a 50% increase year-over-year, setting a new record. More importantly, the average transaction fee has been pushed down to $0.017, which is significant for enhancing user stickiness.

On the capital side, Solana also demonstrates strong attractiveness. The supply of stablecoins reached $14.8 billion, doubling year-over-year, with total transfer volume reaching $11.7 trillion. Interestingly, Solana has launched stock-like assets with a supply of $1 billion and a trading volume of $651 million. On-chain Bitcoin trading volume increased to $33 billion, a fivefold increase year-over-year. Additionally, staked SOL tokens reached 421 million, and Solana ETFs saw a net inflow of $1.02 billion. These indicators all reflect sustained market confidence in this ecosystem.