Solana Hits $1 Billion Revenue in Q2 as dApps and Meme Coins Take Off

Solana continues to build momentum in 2025, with the blockchain recording over $1 billion in application revenue for two consecutive quarters. The Solana Foundation’s latest Network Health Report, published on June 20, highlights the blockchain’s accelerating economic performance. According to the report, improvements in protocol efficiency, developer engagement, and validator incentives support this growth. Solana Quietly Becomes a Top-Grossing Blockchain Thanks to Meme Coins The report showed that Solana app revenue reached its highest point in January 2025, generating over $806 million in a single month source: https://beincrypto.com/solana-network-revenue-q2-meme-coins-defi/