Analysis: Solana's ecosystem enters the 'super cycle' of 2025, with revenue accounting for 46% of the entire chain
On-chain analyst arndxt (@arndxt_xo) stated that Solana is becoming the 'Bloomberg' of the crypto space, supported by three key data points for its '2025 super cycle':
1) Launchpad evolves into a SaaS tool, LetsBonk daily revenue exceeds $1 million;
2) Tokenized stocks become the collateral infrastructure, pre-IPO equity represents the real TAM;
3) Solana's Q2 revenue reaches $570 million, accounting for 46% of total chain revenue, driven by tools like dApp, Bot, and Launchpad.
