Solana's Numbers Are Going Crazy 🤯
Daily fees on Solana have hit an all-time high of $13.9M, outpacing Ethereum by nearly 2x.
Here’s the story behind the numbers:
▸ Daily fees on Solana are up 276% since October and a jaw-dropping 12,200% year-over-year.
▸ DEX activity is leading the charge, with Solana handling $7.1B in daily volume (vs. Ethereum’s $3.9B).
▸ Transactions on Solana reached an incredible 54.6M per day, the most ever recorded.
In November, Solana generated the 5th most fees in crypto ($161M)—coming within striking distance of Ethereum ($174M).
For the first time, Solana is on the verge of flipping Ethereum in monthly fee generation.