Recent data shows that Solana earned $35.53 million over the past seven days compared to $13.57 million for Ethereum. Solana also reported daily fees of $10.25 million, placing it among the top blockchains.

Additionally, projects in the Solana ecosystem, such as Meteora, Raydium, and Jito, have shown impressive performance. Meteora alone earned $19.54 million in daily fees, ranking first among all platforms. It is followed by Raydium with fees of $16.39 million, and Jito at $12.25 million due to maximum extractable value (MEV) and staking activity.

Although Ethereum's market capitalization remains at $400 billion, Solana's valuation of $123 billion underscores its rapid growth driven by its ability to handle over 65,000 transactions per second (TPS) at low costs.