{"id":89710,"date":"2025-10-08T12:58:24","date_gmt":"2025-10-08T09:58:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89710"},"modified":"2025-10-08T13:01:19","modified_gmt":"2025-10-08T10:01:19","slug":"solana-surpasses-ethereum-in-annual-fee-revenue","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/solana-surpasses-ethereum-in-annual-fee-revenue\/","title":{"rendered":"Solana Surpasses Ethereum in Annual Fee Revenue"},"content":{"rendered":"

The Solana network’s revenue over the past year reached $2.85 billion, primarily driven by trading platforms, according to a report by 21Shares<\/a>.<\/p>\n

From October 2024 to September 2025, average monthly earnings were $240 million. In January, amid a meme coin boom, the figure peaked at $616 million. Following the decline in hype, monthly revenue remained in the range of $150-250 million.<\/p>\n

The main growth driver was trading platforms, accounting for 39% of total revenue, or $1.12 billion. Funds came from various ecosystem sectors: DeFi, meme coins, AI applications, decentralized exchanges<\/a>, and DePIN<\/a>.<\/p>\n

\"Screenshot
Source: 21Shares.<\/figcaption><\/figure>\n

Analysts also noted that Solana significantly outpaces Ethereum at a comparable stage of development. Five years after its launch, the “DeFi flagship”‘s monthly revenue did not exceed $10 million. Current figures for the “people’s cryptocurrency” are 20-30 times higher.<\/p>\n

Efficiency and low fees have helped Solana attract 1.2 to 1.5 million active addresses per day. This is roughly three times more than Ethereum at a comparable life cycle stage.<\/p>\n

ETFs and Corporate Reserves<\/h2>\n

Several public companies have transformed into treasuries based on Solana. As a result, their balances hold approximately $4 billion in SOL.<\/p>\n

\"Screenshot
Source: Strategic SOL Reserve<\/a>.<\/figcaption><\/figure>\n

A total of 18 tracked organizations hold 17.8 million SOL. The largest holders are Forward Industries (6.8 million SOL) and Sharps Technology (2.1 million SOL).<\/p>\n

\"Screenshot
Source: Strategic SOL Reserve.<\/figcaption><\/figure>\n

In October, the U.S. Securities and Exchange Commission (SEC) is set to review several applications for spot Solana-ETF<\/a>s from companies like Fidelity, VanEck, Grayscale, and others.<\/p>\n

\n

Big week for Solana. <\/p>\n

The final deadline for spot $SOL<\/a> ETF approval is just 4 days away.<\/p>\n

High chances we get the approval this week. pic.twitter.com\/nAVUr2g7PC<\/a><\/p>\n

\u2014 Lark Davis (@TheCryptoLark) October 6, 2025<\/a><\/p><\/blockquote>\n