$SOL Solana’s blockchain ecosystem has scored a significant victory as Pump.Fun, one of its leading platforms, outpaced Ethereum in protocol fee revenue, marking a major shift in the crypto market’s dynamics.

According to recent data, Pump.Fun generated $294 million in protocol fees so far in 2025—$45 million more than Ethereum, which reported $249 million during the same period. This performance not only highlights Solana's growing dominance but also raises eyebrows across the broader crypto community.

Pump.Fun’s Surprising Rise Over Ethereum

For nine consecutive weeks, Pump.Fun has consistently led Ethereum in weekly protocol fee income, a trend few analysts predicted at the start of the year. The platform’s fee dominance is largely credited to Solana’s low-cost and high-efficiency infrastructure, which has attracted developers and users seeking scalability and affordability.

“Over 47% of Solana’s total protocol revenue in 2025 came from Pump.Fun transactions,” noted a report by Blockchain Insights, underlining the protocol’s outsized role in the Solana ecosystem.

Market Impact: Solana Gains Momentum

At the time of reporting, Solana (SOL) is trading at $144.83, with a market cap exceeding $75 billion and a 24-hour trading volume of $1.78 billion, according to CoinMarketCap. SOL has seen a 19.48% price increase over the past 30 days, signaling growing investor confidence.

Analysts at Coincu argue that Pump.Fun’s success strengthens Solana’s position as a credible Ethereum alternative. The network's speed, scalability, and low transaction fees continue to attract new projects, further boosting its ecosystem’s value.

Solana vs Ethereum: The Evolving Battle

While Ethereum remains a dominant force, Solana’s momentum—propelled by projects like Pump.Fun is reshaping the smart contract landscape. The current fee revenue trend reflects not only strong user adoption but also growing developer migration toward more cost-effective chains.

The Solana Foundation and its community are expected to build on this momentum as new tools and decentralized apps emerge to support further growth.

This post first appeared on Cryptosnewss.com
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