Solana's application revenue surged by 20% quarter-over-quarter, reaching $1.2 billion. January alone contributed nearly $700 million, driven by heightened activity in decentralized applications (dApps) and the launch of meme coins like TRUMP and MELANIA.
Stablecoin Expansion: The total stablecoin market capitalization on Solana expanded by 145%, reaching $12.5 billion, indicating increased adoption and liquidity within the ecosystem.
Decentralized Exchange (DEX) Volume: Solana led all blockchains in DEX volume for five consecutive weeks, with total trading volume hitting $26.2 billion over the last seven days.