The post Solana soars in 2025 with record growth despite SOL’s price drop appeared on BitcoinEthereumNews.com.

Solana’s ecosystem recorded its strongest financial year to date in 2025, posting all-time highs in revenue, active users, and trading volume even as the network’s native token finished the year nearly 50% below its early peak. According to CryptoSlate data, SOL rallied to more than $250 in the first quarter of 2025 before broader market headwinds dragged the asset to a low of $105, and it closed the year around $123. Despite the volatile price action, the network’s underlying economy expanded at an unprecedented rate. Applications and trading venues built on the blockchain reported a year defined by high-frequency activity, massive asset issuance, and surging revenue. This painted a picture of a flourishing ecosystem decoupled from the speculative value of its base asset. Record revenue The Solana Foundation revealed that applications built on Solana generated $2.39 billion in revenue in 2025, a 46% year-over-year increase and a new all-time high. Solana Application Revenue (Source: Blockworks) This surge was not limited to a single sector but was distributed across a diverse array of platforms. Seven distinct applications, including Pump.fun, AxiomExchange, MeteoraAG, Raydium, JupiterExchange, tradewithPhoton, and bullx_io, each surpassed $100 million in annual revenue. Beyond these market leaders, the “long tail” of smaller applications generated a combined revenue exceeding $500 million, signaling a deepening developer ecosystem. At the network level, revenue accelerated dramatically. REV, a metric tracking total network revenue, reached $1.4 billion, marking a 48-fold increase over two years. Meanwhile, the blockchain network’s usage metrics mirrored this financial growth. The network processed 33 billion non-vote transactions, a 28% increase from the previous year. Solana Total Transactions (Source: Blockworks) When including vote transactions, the total throughput reached 116 billion, with the chain averaging 1,054 non-vote transactions per second. A rapidly expanding user base drove this activity as unique active wallets averaged 3.2…

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Filed under: News - @ January 7, 2026 7:28 pm