According to BlockBeats, the Solana ecosystem has seen a surge in trading activity recently, with DApps such as Raydium, Pump.Fun and Jito becoming the largest sources of fee income.
Raydium's trading volume in July exceeded US$30 billion, making it the second largest DEX after Uniswap, with fee income reaching US$65 million.
Thanks to the demand for Meme coin transactions, Pump.Fun’s fee income exceeded US$28 million in July, setting a new record.
As Solana’s largest MEV platform, Jito’s MEV fee revenue reached US$36 million in July, with a maximum of US$3.2 million in a single day.
Overall, the Solana ecosystem continues to heat up, driving the above-mentioned DApps to become the largest fee generators on Solana.