Solana-based applications generated more than $17 million in revenue last week, outperforming all other blockchain networks by this metric. According to the latest market data, Solana has led blockchain app revenue for the ninth consecutive quarter, highlighting its persistent strength among major public chains.
Solana maintains app revenue dominance
During the recent weekly reporting period, applications running on Solana accumulated over $17 million in protocol fees. These fees represent income collected from users interacting with apps built on the Solana network, providing a key indicator of real user activity and demand.
Pump, a leading decentralized application on Solana, generated the most revenue among its peers, with Collector Crypt ranking second. This strong activity suggests that Solana continues to host high-traction, user-facing protocols. Market analysts have noted that these rankings are a sign of consistent engagement from Solana’s community.
Solana-based apps recorded over $17 million in weekly revenue, maintaining the chain’s lead over other blockchains for the ninth straight quarter, as reports showed Pump and Collector Crypt driving the activity.
Solana’s sustained leadership in app revenue for nine quarters highlights the chain’s ongoing ability to attract active projects and users. However, observers caution that high protocol fee revenue does not always translate into immediate price appreciation for SOL, the network’s native asset.
Solana leads DEX trading volume
Research firm MSB Intel reported that Solana ranked first among all blockchains in 24-hour decentralized exchange (DEX) trading volume, recording $4.15 billion. BNB Chain and Robinhood Chain took second and third place, respectively, in this period.
Volume figures on decentralized exchanges offer a window into the liquidity and transaction demand across blockchain ecosystems. Higher DEX volume generally signals robust user activity, often driven by trading in meme coins, stablecoins, and new tokens.
Solana achieved the highest daily DEX volume at $4.15 billion, with MSB Intel noting that the chain has now led in daily volume, protocol fees, and real-world asset (RWA) adoption for three consecutive weeks.
The repeated dominance across trading volume, fees, and RWA integration demonstrates Solana’s broad appeal across different sectors of blockchain activity.
Mini dictionary: Real-world assets (RWA) are tangible or financial assets, such as real estate, commodities, or bonds, represented digitally on a blockchain, allowing for tokenization and on-chain transactions.
| Blockchain | 24h DEX Volume |
|---|---|
| Solana | $4.15 billion |
| BNB Chain | Lower, not specified |
| Robinhood Chain | Lower, not specified |
SOL price recovers, key resistance levels in focus
SOL, the native token of the Solana network, traded near $76.77 on the daily Coinbase chart, reflecting a recovery from earlier lows. The token posted a 2.48% gain during the reporting period but remained below major resistance levels.
Traders identified the next resistance zone at $80 to $85, with the $89 to $90 range considered a critical barrier to further advances. A daily closing price above $90 could strengthen the short-term technical outlook for SOL. The next major upside target appears near $118.10, while downside support is seen at $72, followed by $65 and $60.
Participants in the market continue to monitor protocol revenue, DEX trading activity, and key price levels for confirmation of a broader recovery in SOL.
