Solana's Dapps Revenue Hits Record $365 Million

November witnessed a remarkable surge in Solana's decentralized applications (dapps), culminating in an all-time high of $365 million in total revenue. This unprecedented achievement underscores the burgeoning strength of Solana's ecosystem, with app revenue significantly outpacing the network's revenue, which stood at $92 million for the month.

This flourishing ecosystem boasts over 30 protocols generating revenue exceeding $1 million, with Pumpfun, a launchpad specializing in memecoins, emerging as a trailblazer. Pumpfun achieved a remarkable feat by surpassing the $100 million mark in monthly revenue, contributing approximately 25% to Solana's overall app revenue. #solana #solanAnalysis #BitcoinHashRateSurge #Binance250Million $SOL