Solana's Latest Achievement in the Crypto World

user avatar

by Giorgi Kostiuk

2 years 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.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Birdeye Unveils Peak, a New Terminal for Institutional Crypto Research

Birdeye has launched Peak, a new terminal aimed at institutional crypto researchers, consolidating various data and analysis services into one professional workspace.

user avatarMaya Lundqvist

Google Implements New Advertising Policy for Crypto Providers in UAE

Google has announced new licensing and certification requirements for crypto exchanges and software wallet providers targeting customers in the United Arab Emirates.

user avatarLeo van der Veen

Meta's Board Approves New Class of Nonvoting Stock

Meta's board has approved the creation of Class C nonvoting shares to be distributed to existing Class A and Class B shareholders, effective January 19, 2027.

user avatarLi Weicheng

Meta's Financial Strategy Ensures Founder Control

Meta's financial strategy includes plans to potentially raise hundreds of billions in equity while ensuring Mark Zuckerberg retains control over the company.

user avatarAisha Farooq

BitGo Introduces BitGo Labs to Innovate in AI and Cryptocurrency

BitGo has launched BitGo Labs to develop AI-integrated applications for its digital asset infrastructure, starting with the Gokubu app.

user avatarTenzin Dorje

TRON Solidifies Its Position as a Leading Blockchain Network for Stablecoin Settlement

In Q3 2026, TRON reinforced its position as a leading blockchain network for stablecoin settlement, achieving trillions in transaction volume and a record supply of USDT.

user avatarBayarjavkhlan Ganbaatar

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.