Solana Takes 37% of Blockchain Revenue Share in October
- —Solana's October revenue share was 37%, just below January's 39% peak
- —Tron took 24.8%, BNB Chain 15.3%, Ethereum 15.2% and Base 2.5%
- —Solana DeFi TVL stood at about $5.7 billion, stablecoin cap at $15.5 billion
- —SOL traded near $101–102, down 3.6–4.4% on the week, with a $60 billion market cap
Why it matters: App revenue share does not equal value accruing to SOL holders, and so far it has not lifted the token's price.
Source: TronWeekly