• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Solana's Latest Achievement in the Crypto World

user avatar

by Giorgi Kostiuk

a year ago

Solana, also known as the 'Ethereum killer', has set a new record for collecting fees and revenue in 24 hours, surpassing its main competitor.

Solana's Record-Breaking Revenue

The Solana blockchain collected $11.8 million in fees in 24 hours, surpassing Ethereum's figures, as shown by Defi Llama's data. Additionally, Solana generated $5.9 million in revenue, marking a new all-time high for the platform.

The Role of Raydium and Pump.fun

The decentralized exchange Raydium, positioned on the 'Ethereum killer', leads with over $15 million in fees for the day. The Pump.fun launchpad on Solana, known for its meme coins, recorded a one-day revenue of $2.4 million.

Solana's Rally and Prospects

Solana has seen a 295% rally over the past year, becoming the fourth-largest crypto asset with a market cap of $113 billion. The SOL price fell 1.8% in the past 24 hours after reaching $247.

Meme coins have played a key role in Solana's revenue increase, allowing it to surpass Ethereum in terms of fees. This highlights the growing investor interest in the new blockchain platform.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Trump Family Profits from World Liberty Financial Sales

chest

A Bloomberg investigation reveals the Trump family profited approximately $155 billion from World Liberty Financial sales, while early investors are locked out of 80% of their holdings.

user avatarTenzin Dorje

Australia to Eliminate 50% Capital Gains Tax Discount in Major Budget Overhaul

chest

The Australian government plans to eliminate the 50% capital gains tax discount for assets held longer than 12 months, affecting various investors including crypto holders.

user avatarBayarjavkhlan Ganbaatar

David Schwartz Appointed Honorary Board Member of XRP Ledger Foundation

chest

David Schwartz has been appointed as an honorary board member of the XRP Ledger Foundation to strengthen its technical stewardship and community engagement.

user avatarElias Mukuru

XRP Ledger Foundation Restructures Leadership Team for Enhanced Engagement

chest

The XRP Ledger Foundation has restructured its leadership team, introducing a new operating team to enhance technical stewardship and community engagement.

user avatarMohamed Farouk

Capital B Secures €152 Million in Private Share Placement

chest

Capital B, a major Bitcoin treasury company in Europe, has successfully raised €152 million through a private share placement, with significant backing from Blockstream CEO Adam Back and asset manager TOBAM.

user avatarDiego Alvarez

Crypto Investors Rally Behind Solana as a Core Financial Asset

chest

Support for Solana (SOL) is growing among crypto investors who believe it could serve as a key financial infrastructure asset in an agent-driven economy.

user avatarKenji Takahashi

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.