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Solana continues to gain momentum in 2025. The blockchain has recorded application revenues exceeding 1 billion Dollar for two consecutive quarters.
The latest Network Health Report published by the Solana Foundation on June 20 highlights the accelerating economic performance of the blockchain. According to the report, improvements in protocol efficiency, developer participation, and validator incentives support this growth.
Solana became the most profitable blockchain in Meme Coins.
The report showed that Solana application revenue reached its highest level in January 2025, generating over 806 million Dollar in a single month.
This was followed by 376 million Dollar in February, which pushed the network's quarterly total application revenue above the billion Dollar mark.
A key factor behind this increase is the blockchain network becoming a hub for meme coin trading. Meme coin launchpad platforms,
Beyond that, the launch of viral political tokens like Trump and Melania meme coins helped to increase user activity and fees across the network.