How meme coins helped the Solana network

Revenue from applications on the Solana network reached record levels in January 2025 — the total exceeded $806 million for the month, according to the report. In February, the profit was $376 million, allowing the total revenue for the quarter to exceed $1 billion. This success is largely due to the popularity of meme coins. Platforms such as Pump.fun have become trading hubs on Solana. Additionally, the launch of viral PolitiFi tokens, such as Trump and Melania meme coins, increased user activity and fees on the network. According to the report, these tokens were not only popular on social media but also generated significant revenues, which noticeably impacted the network's economy, comparable to GDP. Fees from decentralized exchanges (DEX) and other on-chain services became a key indicator of economic activity on Solana.

The growing revenue motivates developers to stay on Solana and allows the network to invest in critical infrastructure, fostering ecosystem development in line with user needs.