Solana Apps Generate $193M in 30 Days as RWAs Surge to $4.37B
- —Solana app revenue hit $193.1M in 30 days, versus $86.5M for Hyperliquid and $53.8M for Ethereum
- —Solana RWAs grew 600% in a year, from $700M to $4.37B
- —Tokenized equities on Solana jumped from $63M to $455M
- —Pump.fun generated about $39M, roughly 20% of all Solana app revenue
Why it matters: Expanding RWA and lending activity signals Solana's revenue is diversifying beyond meme coins, reducing the ecosystem's cyclical risk.
Source: Bitcoin.com