- Solana led blockchain network revenues with $17.37 million in 16 weeks, beating Ethereum and Tron by wide margins.
- Its high transaction speed and lower fees helped drive user activity and decentralized finance adoption.
- Solana’s price growth remains slow despite outperforming competitors in real usage metrics and institutional integrations.
Solana has maintained a consistent lead in blockchain network revenue over the past 16 weeks, surpassing major competitors including Ethereum and Tron. Recent data from SolanaFloor shows that Solana recorded $17.37 million in total network revenue, which includes transaction fees and out-of-protocol tips.
At the same time, Tron collected 14.15 million and Ethereum 11.6 million. The turnover figures emphasize a change in user activity in the largest blockchains, where Solana has an advantage because of a greater amount of on-chain services. The network revenue can be defined as the amount of user fees to process transactions and smart contracts and to execute transactions faster with the fees.
Multi-Transaction Throughput as a Boosting Agent
The high transaction throughput is another major factor that gives Solana its lead; the latter is much higher than that of Ethereum. Solana has a capacity of reaching 65,000 transactions per second (TPS), whereas Ethereum performs 30 TPS. This performance lag has helped increase user activity on the Solana network in generating fees.
Solana’s lead in revenue is supported by growing adoption in decentralized finance. Developers and users continue to favor Solana due to its low fees and speed. Additionally, institutional interest is rising, as seen in a recent partnership between Solana and Bullish, a prominent crypto exchange. Bullish will integrate Solana-native stablecoins into its operations, further embedding Solana into institutional crypto services.
Market Price Trails Revenue Performance
Despite its lead in network revenue, Solana’s token price has not reflected similar gains. Ethereum has crossed the $3,000 level and is targeting $4,000, while SOL has seen limited upward movement during the current market rally.
The continued dominance in fee-based revenue signals increasing trust and utility within the Solana ecosystem. Solana has now led all layer-1 and layer-2 blockchains in revenue generation for four consecutive months.
