Solana kicks off 2025 with strength! In the first quarter, it generated $369.5 million in revenue, reaching half of its total for 2024 and surpassing Ethereum's $220.8 million in the same period. Additionally, it led trading volume on decentralized exchanges (DEX) with $293.7 billion, capturing 39.6% of the market, driven by the surge of memecoins like $TRUMP . Although its TVL decreased by 23.5%, its scalability and low fees continue to attract developers and users.
Currently, $SOL is trading around $138.85.
