Since October 2024, Solana has led the list of major cryptocurrencies in terms of the real economic value as mentioned in the ecosystem report issued by Helius with a value of 551 million at the end of January 2025. On January 19 REV reached 56.8 million dollars in daily transactions, beating the sum of both Ethereum and Bitcoin. Jito tips formed approximately between 45-65%percent of monthly REV, indicating that users pay premiums of high levels to obtain priority retraction and demonstrating the existence of a mature market of maximum extractable values.
High Transaction Volume using Minute Fees
The fee structure of the Solana network enabled the network to fully absorb significant traffic surges, like the TRUMP memecoin hype in January that peaked into the mid-levels of multiple dollars, while median fees were only changing by a couple of cents. The network handles at least 150-162 million transactions in a day with an average time slot of about 390milliseconds and since February 2024 it has never gone down. The next Alpenglow consensus code is finalizing the 100 to 150-millisecond finality.
Trading Dominance of DEX
In 2024, Solana procecsed 81 percent of the total DEX trades and over the first five months of 2025 processed $890b in DEX trading volume. The 24-hour volume of Jupiter perpetual swaps platform was around 1 billion, and these perpetuals market share expressed in terms of the on-chain perpetuals market share was 79 percent. Value locked was averagely at approximately $8-9Bwith a quarter-on-quarter growth rate of 18% in second position behind Ethereum.
Applications that can be used in the real world are extended
Data shows that the supply of stable coins in the Solana blockchain has risen to approximately $11B in under 18 months. This comes as a result of Circle company Minting 1,75B USDC in May only. In the first quarter, telecom app Helium Mobile had a new addition of approximately 300,000 subscribers. Furthermoee, Hivemapper has mapped 30%of all roads in the world and Baxus recorded an 11,500 percent growth in crypto transactions and more than 50x increase in international customers.
