**Solana Beats Ethereum in Transaction Fees and MEV Tips! đ**
- Solana just made a big splash! According to data from Blockworks Research, Solana managed to collect around $25 million in revenue in the week of July 22, surpassing Ethereum's $21 million. đ
- Dan Smith, analyst from Blockworks, revealed that this is the first time Solana beats Ethereum in terms of transaction fees and MEV tips. Solana validators and stakers are enjoying these sweet rewards.
- On July 28, Solana also set a new record with daily revenue of $5.5 million, the highest in the last three months. Most of this income comes from spot DEX trading.
- Helius Labs CEO, Mert Mumtaz, added, "Solana just generated more revenue than Ethereum, Arbitrum, and Base combined. Good day for staking with Solana validators."
- Meme coin trading activities such as Pump.fun and Moonshot also boost Solana's income. However, be careful, many of these meme coins quickly lose value after the initial hype.
- What do you think about Solana's achievements? Come on, discuss in the comments column!
