In Q2 2025, Solana once again showed impressive results, with network revenue exceeding $1 billion, which was made possible by high user activity and growing interest in various applications. The main drivers were memecoin trading and the launch of new tokens with political overtones, as well as improvements in the blockchain architecture.
Memcoins and political tokens played a significant role in increasing revenue. For example, in January 2025, Solana brought in over $806 million in just one month, and in February, this figure was $376 million. Platforms like Pump.fun have become popular venues for memecoin trading. Tokens dedicated to famous politicians such as Trump and Melania have gained particular popularity, generating a wave of interest both on social media and among investors. These tokens have not only increased user engagement, but also generated significant revenue, strengthening Solana’s economic model.
Decentralized exchanges and other on-chain services have also contributed significantly to the network’s financial success. Growing revenue allows the project to attract new developers and invest in the development of the ecosystem to meet the growing needs of its audience.
From a technical perspective, Solana continues to outperform its competitors. In January, the network processed a record daily trading volume of $39 billion, while remaining stable - without failures for more than 16 months in a row. The improvements have reduced the average data transfer time to less than 400 milliseconds, and the throughput has reached 1,100 transactions per second, which is about 7,000 times more than Ethereum (about 14 TPS).
In addition, in January, network validators received a record $56.9 million in rewards. The terms for staking have also become more accessible: while in 2022 it was necessary to have 50,000 SOL to break even, now 16,000 SOL is enough.
The combination of technical advances, the growth of the developer base, and steady revenue growth confirms that Solana has firmly established itself as a leader in the blockchain industry and continues to develop one of the most sustainable ecosystems in the market.