TechFlow news, May 5 — According to Coincu, the Solana-based protocol Pump.Fun has generated $294 million in protocol fees this year, surpassing Ethereum's $249 million during the same period. Data shows Pump.Fun has led Ethereum in weekly fee revenue for nine consecutive weeks. Industry experts note that Pump.Fun accounts for 47% of Solana's ecosystem revenue.
Currently, Solana (SOL) trades at $144.83, with a market cap of approximately $75.05 billion and a 24-hour trading volume of $1.78 billion. Over the past 30 days, SOL price has increased by 19.48%.
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