The post Pump.fun regains top spot in Solana revenue production appeared on BitcoinEthereumNews.com.

In the past week, Pump.fun returned as the highest net producer of fees. Solana still produces over 68% of application revenue compared to all other chains. Solana’s economic activity has charted an expansion trend since the low point in March. Currently, Solana’s apps produce 68% of revenues from all other chains. Based on different data, Solana carries at least 50% or up to 68% of app revenues, mostly linked to token-based activity, DEX trading, and routing. For the past week, Meteora, Pump.fun and Jupiter were the top fee producers. The ecosystem also tapped the activity of Raydium, Phantom wallet, BonkBot, Trojan, and other apps instrumental to DEX trading. Solana app revenues are expanding for the past two months, though still far from their all-time peak in January. | Source: Blockworks Kamino Finance recently reached an all-time high in revenues, driven by the growing value of tokens. The lending protocol benefits from the growing supply of USDC on Solana, which allows traders to deposit meme assets and unlock more USDC. While risky, this lending practice increases Solana liquidity and activity. Solana still carries $11.54B in stablecoin supply, with another $250M USDC minted on May 26. Unlike Ethereum and other L1 chains, Solana hardly carries games, and had a brief NFT season. Most of the revenues come from Pump.fun token minting, trading, and routing.  Solana achieved peak weekly revenues in January, at $272M, then had a local weekly minimum at $28M. The current levels show a sustainable recovery trend over the past two months.  Pump.fun remains the peak revenue producer on Solana Pump.fun returned with over 35K daily tokens launched. The protocol produces over $2M in daily fees, retaining its primacy despite competition from other launch platforms on Solana. While Pump.fun has lost its monopoly position, the new launchpads are yet to…

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Filed under: News - @ May 26, 2025 12:29 pm