🚀 #solana Q1 Revenue Hits $1.2B Despite DeFi TVL Crash
$SOL posted a 20% revenue jump in Q1 2025, hitting $1.2B, driven by meme coins, DEXs, and wallet demand—especially in January.
🔻 Challenges Remain:
DeFi TVL plunged 64% to $6.6B
Fees dropped 24% to just $0.04
Stablecoin supply soared: USDC up 148%, USDT up 154%
Top dApps:
🥇 #pumpfun – $257M
🥈 #PhantomWallet – $164M
🥉 Photon – $122M
With low fees & speed, Solana stays competitive. Eyes now on a potential breakout as #SOL consolidates near $161.
