While many blockchains once dubbed "Ethereum Killers" like Cardano and EOS have appeared and gradually disappeared, Solana is the only name so far that has truly posed a significant challenge to the "world computer."

According to the latest report from the OKX exchange, Solana achieved trading volume on DEX platforms more than twice that of Ethereum in 2024. Along with this, the Q4 2024 Solana situation report released by the cryptocurrency research firm Messari also shows that Solana is leading in many other important metrics such as revenue, total value locked (TVL), and liquidity staking ratio.

In fact, once regarded as a "chain for venture capital (VC)," Solana recorded $840 million in revenue from applications on its platform in Q4 2024, an increase of 213% compared to the same period last year. Notably, nearly half of this figure – $367 million – was generated just in November.