Solana DApp Revenue Reaches $35 Million, Hitting a 29-Week High
The revenue from decentralized applications (DApps) based on Solana (SOL) increased to $35 million (approximately 48.4 billion KRW) last week, marking the highest level in 29 weeks. The recovery in revenue is attributed to memo coin trading and high-frequency app usage. According to the DefiLlama dashboard, as of the 25th, Solana's app revenue was recorded at $4.89 million for 24 hours, $34.56 million for 7 days, and $120.49 million for 30 days. The weekly revenue from August 10 to 16 was $23.9 million, the highest since February 2026. Major contributing apps include PUMP, fomo, and Collector Crypt. Solana's daily network revenue (REV) surpassed $1 million on August 19, reaching its highest level in six months. DApp revenue reflects the earnings of Solana-based apps and protocols, while network REV signifies the fees generated from block space usage. According to CryptoBriefing, the top apps account for 60-78% of total revenue, with PUMP exceeding a cumulative revenue of $1 billion. This increase in revenue indicates a recovery in Solana's on-chain activity; however, the concentration of revenue in a few apps remains a risk.
-- Price
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