Solana ecosystem applications generated $2.39 billion in revenue throughout the year, a 46% increase year-over-year, setting a new record

On January 6th, Solana officially released its annual data review, stating that 2025 is the “Year of Revenue, Assets, and Transactions” for Solana, with multiple core metrics reaching record highs. Applications and Revenue: The total revenue of Solana ecosystem applications for the year reached $2.39 billion, a 46% increase year-over-year, setting a new record. In 2025, seven applications each generated over $100 million in revenue, including Pump.fun, Axiom, Meteora, Raydium, Jupiter, Photon, and BullX. “Long-tail applications” with revenue below $100 million contributed a total of over $500 million. Network Performance: Network revenue (REV) reached $1.4 billion, a 48-fold increase over two years. The network completed 33 billion non-voting transactions (including voting transactions totaling 116 billion), a 28% increase year-over-year. The average non-voting TPS was 1054. The daily active wallets averaged 3.2 million, a 50% increase year-over-year, setting a new record. Wallets with at least one transaction totaled 725 million. The average transaction fee decreased to $0.017. Assets and Capital Flows: The supply of stablecoins reached $14.8 billion, doubling year-over-year. Total stablecoin transfers amounted to $11.7 trillion, a 7-fold increase over two years. Stock assets on Solana: The total supply is $1 billion, with a trading volume of $651 million. Bitcoin trading volume increased to $33 billion, a 5-fold increase year-over-year. Staked SOL reached 421 million tokens, a record high. Solana ETF net inflow was $1.02 billion.