In a remarkable showcase of growth, Solana reported that its applications collectively generated approximately $2.4 billion in revenue throughout 2025. This figure, which marks a 46% increase year over year, is primarily driven by the success of Pump.fun, which was among seven Solana applications that surpassed $100 million in revenue.
Despite a notable decline in meme coin trading volumes, which fell by 10% to $482 billion, Solana”s overall network activity revealed a striking increase—up about 80 times compared with two years prior. The ecosystem saw a surge in token creation, with launchpads producing 11.6 million tokens, more than double the previous year, though only a small fraction, around 0.89%, proceeded beyond initial bonding curve launches.
In addition to Pump.fun, other revenue-generating leaders included Axiom Exchange, Meteora, Raydium, Jupiter, Photon, and Bullx, each surpassing the $100 million mark. Applications with revenues below this threshold contributed over $500 million collectively, underscoring the vibrant financial landscape within the Solana network.
At the protocol level, Solana”s revenue (REV) escalated to $1.4 billion, reflecting a staggering 48-fold increase over the last two years. The average transaction fees on the network continued to decline, with the median fee dropping to $0.0011—a development that enhances the platform”s usability and appeal.
Solana”s network metrics also indicated a significant rise in usage, with 33 billion non-vote transactions processed in 2025. The blockchain maintained an impressive average of 1,054 non-vote transactions per second, alongside a 50% year-over-year increase in daily active wallets, which averaged 3.2 million.
The stablecoin sector on Solana experienced an explosive growth, with its supply more than doubling to $14.8 billion. Over $11.7 trillion in stablecoins was transferred throughout the year. Furthermore, the introduction of tokenized equities on the network marked a significant milestone, with a reported supply of $1 billion.
Decentralized exchange (DEX) volumes also soared, totaling $1.5 trillion, with Raydium, Orca, and Meteora leading the charge. DEX aggregators like Jupiter accounted for an increasing share of trading activity, reflecting the growing importance of decentralized finance (DeFi) within the Solana ecosystem.
As the cryptocurrency landscape continues to evolve, Solana”s impressive metrics and revenue achievements in 2025 highlight its resilience and potential for future growth.
