$SOL

In 2024, Solana's decentralized applications (DApps) generated substantial revenue, totaling $751 million in the fourth quarter alone, surpassing Ethereum's $314 million during the same period.

This impressive performance was largely driven by the memecoin launchpad Pump.fun, which earned $106 million in November 2024, marking the first time a Solana DApp surpassed $100 million in monthly revenue.

Overall, memecoin DApps on Solana accumulated $509 million in revenue throughout 2024, reflecting a significant increase from $600,000 in January to $183 million in November.

As of January 23, 2025, Solana's native token, SOL, is trading at $251.28, with an intraday high of $270.39.