The Solana ecosystem saw strong growth in November, with on-chain revenue reaching $92 million and total DApp revenue hitting a historic high of $365 million. Pump.fun became the first DApp to exceed $100 million in monthly revenue, accounting for 26% of the ecosystem's total revenue. DeFi applications contributed 83.7% of the revenue, with meme coin applications generating over $500 million in revenue for the year, showing significant growth. Revenue from Telegram trading bots doubled to $82 million, while the DEX platform Raydium contributed $32 million in revenue and repurchased RAY tokens. Jupiter's perpetual contract business revenue reached $17 million, and the revenues for Phantom and Solflare wallets were $91 million and $31 million, respectively.