Solana generates 16.9x more app revenue than Base
- —Solana dApp daily revenue was $5.14 million, Base was $304,000
- —Solana's monthly app revenue rose from $91 million in May to $143 million in August
- —The metric covers only app fees, excluding the base network layer
- —Growth is driven by trading platforms and token launchpads
Why it matters: Rising app revenue points to higher network utilization, supporting demand for SOL and the case for monolithic L1s.
Source: Crypto Briefing