In April 2025, Solana's decentralized applications (DApps) generated over $162 million in revenue, with weekly revenue surpassing that of all other blockchain chains combined by 566%, including Ethereum.
Solana's total decentralized exchange (DEX) volume exceeded $800 billion year-to-date, with April's DEX volume reaching $111 billion, up 14% month-over-month.
The network saw 24.2 million active addresses in one week and a stablecoin supply increase of 154.39% since the start of the year, totaling $12.6 billion in stablecoins on Solana, contributing to a 3.8% month-over-month growth in stablecoin supply.
Axiom Exchange overtook PumpDotFun as the top revenue-generating protocol on Solana over the past seven days.
Globally, stablecoin supply rose 45.31% over the past year, with Tether (USDT) accounting for 65.8% of the market, and non-USD fiat stablecoins surged 30% in April amid U.S.
tariff disputes, led by Euro stablecoins holding an 84.9% market share.
Meanwhile, Bitcoin (BTC) traded above $97,000, reaching a four-year dominance high of 65%, and Ethereum (ETH) deployed its Pectra upgrade, increasing the maximum stake to 2,048 ETH.
#Solana #Market #cryptocurrencies #blockchaineconomy #Blockchain
