Category: News, NFT News

Solana Leads dApp Revenue with $146 Million in June 2025

By Published On: July 6, 20251.9 min readViews: 230 Comments on Solana Leads dApp Revenue with $146 Million in June 2025

Solana, a prominent rival to Ethereum, has emerged as the leader in decentralized application (dApp) revenue among cryptocurrencies. In June 2025, Solana generated over $146 million in revenue from dApps within its ecosystem, consistently outperforming competitors such as Ethereum and BNB. This dominance is part of a broader trend where Solana has led in various metrics, including DEX volume, revenue from dApps, total value locked (TVL), and DeFi dominance since mid-2024.

Data from TheBlock indicates that Solana has maintained its lead in DEX volume, with the largest share of Solana-based DEXes in the ecosystem since October 2024. This trend has continued into 2025, with Solana leading with $5.78 billion in DEX volume compared to Ethereum’s $4.7 billion. Additionally, Solana has consistently outperformed Ethereum in transaction fees collected from dApps and protocols running on their platforms since November 2024.

Come to my page!

Solana’s revenue from dApps represents 41% of the chain’s total revenue, a significant portion compared to its competitors. This high percentage underscores Solana’s growing influence in the decentralized ecosystem. The platform’s success is further bolstered by its expanding DeFi and NFT infrastructure, as well as its potential for staking ETF inclusion, according to Ryan Lee, Chief Analyst at Bitget Research. Lee predicts that under bullish conditions, Solana could reach $400–$500, though broader market risks may cap gains closer to $300–$350.

Solana’s price analysis shows that the cryptocurrency is currently consolidating above the $140 support level on the daily timeframe. A 15% rally could send SOL to test resistance at $170. Key resistances for SOL include the psychologically important level at $200 and $218.40, a noteworthy resistance that has been in place for nearly sixteen months. The underlying bullish momentum in the SOL price trend is supported by key momentum indicators such as RSI and MACD, suggesting further gains for Solana.

Solana’s ecosystem continues to grow, with Bitcoin trade volume on the platform reaching a new quarterly high in the second quarter of 2025. This makes Solana more relevant to BTC holders and traders compared to competitors like Ethereum. The platform recently announced the winners of its hackathon, Colosseum, which attracted over 10,000 participants and 1,412 product submissions from aspiring founders across 140 countries. Additionally, Solana shared an estimate of how Visa and Mastercard could save 99% on transaction costs if they processed transactions on Solana’s blockchain, further fueling bullish sentiment among holders.


Source link
banner image

Come to my page!

Written by : Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.

Share this article:

Leave A Comment