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TechFlow reports on January 15 that data shows, in Q4 2024, Solana-based applications generated $751 million in revenue, ranking first in the industry. Ethereum follows with application revenue of $314 million. Notably, this data currently excludes revenues from Circle and Tether, whose income will be attributed according to the proportion of their tokens' circulating supply across respective blockchains.
Data shows that in the fourth quarter of 2023, Solana's ecosystem application revenue reached $751 million, ranking first in the industry. Ethereum's ecosystem followed with application revenue of $314 million. It is worth noting that this data currently excludes revenue from Circle and Tether; their revenues will be attributed based on the proportion of their tokens' circulating supply across various blockchains.
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