Solana hits $1 billion revenue in Q2 as dApps and meme coins take off

In Q2 2025, Solana achieved application revenue exceeding 1 billion USD, marking its second consecutive quarter of strong performance.

The surge in revenue was powered by increased meme coin trading, which not only spurred fees but also attracted users to the network.

Solana has seen a growing developer community, with an 83% yearly increase in engagement, highlighting its emergence as a preferred blockchain for dApp development.

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