SOLANA APPS GENERATED $1.2B IN Q1 2025, LED BY PUMPFUN

Solana-based apps pulled in $1.2B last quarter — their best in a year. Pumpfun led with $257M in revenue, followed by Phantom and Photon.

USDC’s market cap on Solana hit $9.7B, now 4x larger than USDT, while daily DEX volume peaked at $8.3B in January during the memecoin frenzy.

Source: @BTCTN