Solana DApps See Record Revenue Amid Memecoin Resurgence

4 hours ago · Solana DApps See Record Fees and Revenue Amid Meme Coins Resurgence . altcoin season Meme Coins Solana. Five of the top 10 protocols by fees in the last day were …

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Solana-based Protocols Hit Record In Fees Amid Meme Coin Frenzy

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1 hour ago · Solana Gains Momentum, Nearing Record Highs As of November 18, Solana is trading at $242, gaining 1.90% in the last 24 hours. The token is still 6.76% below its all-time …

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Solana Surpasses Ethereum In Weekly Revenue Amid Memecoin …

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Jul 30, 2024 · Solana has outpaced Ethereum in weekly total fees for the first time during the week of July 22, generating around $25 million in revenue compared to Ethereum's $21 …

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Solana Soars 19% Thanks To An AI Memecoin Frenzy

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Oct 24, 2024 · Since January, the total value locked on Solana—the U.S. dollar value of digital assets staked on a blockchain through DeFi— has almost quadrupled to $6.9 billion. Learn …

fortune.com

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Solana Hits Record Vs. Ether, Outperforms Bitcoin As AI Memecoin …

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Oct 23, 2024 · The memecoin frenzy drove blockchain activity on Solana to fresh highs. Network revenues from transaction fees surpassed $4 million per day on Tuesday nearing the records …

tradingview.com

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Solana (SOL) Tops $150 Amid Pantera Capital Bid, Surge In …

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Mar 7, 2024 · On a comparative scale, Solana DApps volume surged by 311% in the preceding 30 days, whereas the Ethereum network experienced a 7% decline. No other top-10 …

cointelegraph.com

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Solana Memecoin ACT Rockets 1,720% On Binance Listing As

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6 days ago · Solana Memecoin ACT Rockets 1,720% on Binance Listing as Altcoin Market Heats Up. The token has risen amid an absence of liquidity on exchanges. By Oliver Knight.

coindesk.com

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Newark, New Jersey (NJ) Profile: Population, Maps, Real Estate ...

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Tornado activity: Newark-area historical tornado activity is near New Jersey state average.It is 36% smaller than the overall U.S. average.. On 5/28/1973, a category F3 (max. wind speeds …

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FAQs about Solana DApps See Record Revenue Amid Memecoin Resurgence Coupon?

How much of Solana's fee revenue comes from MeV tips?

Blockworks data analytics manager Dan Smith noted on X that 58% of Solana's fee revenue came from MEV tips, while 37% was derived from priority transaction fees. "Solana validators and stakers are absolutely eating this cycle," Smith remarked. ...

Why are Solana protocol fees so high?

The record fees for several Solana protocols come amid a frenzy of speculation on memecoins and a major price move for the native Solana token (SOL) itself, which pushed to $242 — its highest since November 2021. ...

How many defillama protocols are on Solana?

According to a Nov. 18 X post from decentralized finance commentator Patrick Scott, who cited DefiLlama data, five out of the top ten protocols by fees in the last 24 hours were on Solana. ...

Why is Solana booming?

This surge in Solana's revenue is largely driven by a wave of celebrity coin trading on Solana-based memecoin platforms like Pump.fun and Moonshot. Memecoins, which have now surpassed a total market capitalization of $50 billion, have played a crucial role in Solana's recent growth. ...

What is Solana's total fee data?

The total fee data includes all forms of revenue for Solana validators, such as tips and maximum extractable value (MEV). Blockworks data analytics manager Dan Smith noted on X that 58% of Solana's fee revenue came from MEV tips, while 37% was derived from priority transaction fees. ...

How did Solana Dapps compare to Ethereum?

On a comparative scale, Solana DApps volume surged by 311% in the preceding 30 days, whereas the Ethereum network experienced a 7% decline. No other top-10 competitor managed to match Solana's growth. However, in absolute terms, there remains a substantial gap compared to Arbitrum's $31.1 billion and BNB Chain's $25.2 billion monthly volumes. ...