๐ฐ ๐ฆ๐ผ๐น๐ฎ๐ป๐ฎ ๐๐ฒ๐ฎ๐ฑ๐ ๐๐๐ฝ๐ฝ ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐ฎ๐ด๐ฎ๐ถ๐ป ๐ถ๐ป ๐ค๐ฎ ๐ฎ๐ฌ๐ฎ๐ฑ โ ๐ข๐๐๐ฝ๐ฒ๐ฟ๐ณ๐ผ๐ฟ๐บ๐ ๐๐๐ต๐ฒ๐ฟ๐ฒ๐๐บ ๐ฏ๐ ๐ฏ๐ซ
Despite a slowdown in earnings, Solana remains the #1 blockchain for DApp revenue, generating more than all other chains combined in Q2 2025.
๐ ๐ง๐ผ๐ฝ ๐๐น๐ผ๐ฐ๐ธ๐ฐ๐ต๐ฎ๐ถ๐ป๐ ๐ฏ๐ ๐๐๐ฝ๐ฝ ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ (๐ค๐ฎ ๐ฎ๐ฌ๐ฎ๐ฑ)
โก๏ธ Solana (SOL) โ $570.4M (46.3%)
โก๏ธ Ethereum (ETH) โ $213.1M (17.3%)
โก๏ธ Tron (TRX) โ $165.0M (13.4%)
โก๏ธ BNB Chain (BNB) โ $150.3M (12.2%)
โก๏ธ Base (Coinbase L2) โ $75.5M (6.1%)
โก๏ธ Arbitrum (ARB) โ $23.7M (1.9%)
โก๏ธ Avalanche (AVAX) โ $19.3M (1.6%)
โก๏ธ Polygon PoS (MATIC) โ $5.4M (0.4%)
โก๏ธ Bitcoin (BTC) โ $3.1M (0.2%)
โก๏ธ Hyperliquid โ $229K (0.02%)
๐ ๐๐ฒ๐ ๐ง๐ฎ๐ธ๐ฒ๐ฎ๐๐ฎ๐๐
๐ข Solana dominates with 46.3% market share, maintaining its lead for the 5th straight quarter
๐ก Ethereum is a distant second with just 17.3% of the pie
๐ด Even with a 52% YoY drop, Solana still tops the charts
๐ต Newer chains like Base are gaining ground, showing rising L2 adoption
๐ง ๐ช๐ต๐ฎ๐ ๐๐ ๐ ๐ฒ๐ฎ๐ป๐ ๐ณ๐ผ๐ฟ ๐ง๐ฟ๐ฎ๐ฑ๐ฒ๐ฟ๐
โ Solana is still the top destination for high-revenue DApps
โ Ethereum continues to lead in prestige, but not in revenue
โ Keep an eye on Base and Tron for rising DApp usage
โ ๏ธ Despite Solana's lead, the revenue decline shows macro slowdown in DApp activity worth watching