According to data from SolanaFloor, decentralized applications (DApps) on the Solana blockchain generated over $187 million in revenue in November 2025, surpassing all Layer 1 and Layer 2 networks including Ethereum, Arbitrum, Polygon, and Hyperliquid.
This record performance highlights Solana's growing dominance, with daily revenues reaching $4.81 million, driven by robust activity in DeFi protocols, NFT marketplaces, and gaming platforms. The surge is attributed to Solana's advantages such as lower transaction fees, faster processing times, and improved developer tools, making it an attractive alternative to Ethereum and other blockchains.
Institutional interest has also risen, evidenced by $53 million in SOL ETF inflows, boosting investor confidence and supporting price momentum for Solana's native token, SOL, and other ecosystem tokens like MET. This milestone strengthens Solana's position as a serious contender in the blockchain ecosystem, potentially challenging Ethereum's long-standing dominance and fostering further innovation in the Web3 space.
