As of May 18, 2025, both Ethereum and Solana are experiencing notable developments in network revenues and token prices.

🔹 $ETH

Ethereum (ETH)

Current Price: $2,503.77 USD

24-Hour Change: +0.31%

Ethereum's network revenue has seen a decline in recent months. In Q1 2025, Ethereum generated $220.8 million in revenue, which is lower compared to Solana's performance in the same period . The network's revenue was impacted by the Dencun upgrade in March 2024, which significantly reduced transaction fees by approximately 95% .

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🔸 $SOL

Solana (SOL)

Current Price: $169.91 USD

24-Hour Change: +0.56%

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Solana has demonstrated impressive growth in network revenue. In Q1 2025, Solana generated $369.5 million in revenue, surpassing Ethereum's revenue in the same quarter . This surge is attributed to increased activity in decentralized applications and the popularity of platforms like Pump.fun, which contributed significantly to the network's revenue .

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📊 Comparative Insights

Network Revenue (Q1 2025):

Ethereum: $220.8 million

Solana: $369.5 million

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Daily Revenue Peaks:

Solana: Up to $8.4 million in a single day

Ethereum: Approximately $875,571 on the same day

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Solana's rapid growth in network revenue and user activity positions it as a strong competitor in the blockchain space. However, Ethereum maintains a significant presence, especially in terms of total value locked (TVL) and its established ecosystem.

📷 Visual Highlights

Solana's Network Revenue Surge:

Ethereum's Fee Revenue Comparison:

Ethereum vs. Solana Revenue: