Solana generated $2.85 billion in revenue over the past year, according to a new report from 21Shares, driven by trading platform activity.
Between October 2024 and September 2025, Solana averaged about $240 million in monthly revenue, peaking at $616 million in January during the memecoin boom led by tokens like Official Trump (TRUMP). But even after the frenzy cooled, monthly revenue was between $150 million and $250 million.
Solana validators earn revenue from fees on transactions. Over the past year, revenue from fees flowed from across the…

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