web3 : Solana Revenues from applications in August reached $144 million, ranking first
SolanaFloor
09-04 00:45
Ai Focus
According to SolanaFloor, Solana achieved application revenue of $144 million in August and maintained a leading position in terms of full-chain application revenue, spot DEX trading volume, and network REV.
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Foreign media: SolanaFloor reported that Solana's application revenue in August reached 144 million US dollars, continuing to lead among multiple public chains. The article also mentioned that Robinhood Chain's activity level has risen rapidly, but the new traffic may not mainly come from traditional retail users.

App revenue continues to lead the way

SolanaFloor cited data stating that Solana's application revenue in August was 144 million US dollars, ranking first among all public chains. The article also pointed out that Solana still leads in spot DEX trading volume and network REV over Ethereum, BNB Chain, and Robinhood Chain.

Traffic source of Robinhood Chain

Blockworks Data shows that Robinhood Wallet contributes only about 2% of the network activity. Approximately 73% of the activity comes from cross-chain terminals and aggregators, indicating that this round of growth is driven more by native crypto trading tools.

Cost pressures are beginning to rise.

The article states that the transaction fees for Robinhood Chain have significantly increased, and network congestion is also worsening. Analyst 0xcarlosg from Blockworks Research believes that if these fee levels continue to rise, it may deter users who are trying to drive growth.

Solana's capacity advantage

SolanaFloor also mentioned that Solana has previously withstood high-load tests, such as the traffic surge during the launch of the $TRUMP token. Recent adjustments, such as increasing the block limit and shortening the slot time, are also seen as factors supporting its scalability.

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