Solana (SOL) Posts Record Growth and Activity in 2025
Solana (SOL), a leading blockchain platform within the cryptocurrency space, has reported significant growth across multiple performance metrics for 2025. The blockchain’s ecosystem demonstrated remarkable expansion in daily active wallets and transaction volume, underscoring its increasing adoption and activity.
In 2025, applications built on Solana generated a total revenue of approximately $2.39 billion, representing a 46% year-over-year increase and setting a new all-time high. Seven applications within the ecosystem surpassed the $100 million revenue mark, while smaller applications collectively contributed over $500 million, highlighting a diverse and thriving developer community.
Network performance metrics reflected a robust year. Solana’s revenue reached $1.4 billion, marking a 48-fold increase over the previous two years. Non-vote transactions soared to a new peak of 33 billion, growing 28% year-over-year. The network processed an average of over 1,050 non-vote transactions per second, supporting an active user base that averaged 3.2 million wallets daily — a 50% increase from the prior year. Additionally, the total number of wallets created on the network approached 725 million, indicating sustained user growth.
Stablecoin activity remained a cornerstone of Solana’s ecosystem, with the supply of stablecoins exceeding $14.8 billion — more than doubling from the prior year. Total stablecoin transfers on the network amounted to $11.7 trillion, a sevenfold increase over two years. The platform also expanded into equities trading, with a debut of $1 billion in equity assets and a trading volume of $651 million. Bitcoin trading volume on Solana reached an all-time high of $33 billion, a fivefold increase, and the total Bitcoin held on the network doubled to approximately 770 million.
Decentralized exchanges on Solana experienced a record-breaking year, with total trading volume hitting $1.5 trillion — up 57% from the previous year. SOL-stablecoin trading volume surpassed $782 billion, more than doubling year-over-year. Notably, twelve DEX platforms processed over $10 billion each, with Raydium leading at $347 billion in trades.
The ecosystem’s diverse sectors also saw significant activity. Memecoin trading volume declined slightly to $482 billion, while launchpads reported over $1 billion in volume, and launchpad revenue doubled to $762 million. Trading platforms earned approximately $940 million, with trading volumes reaching $108 billion, reflecting a 66% year-over-year growth.
Currently, SOL trades at around $138.50, recovering 10% over the past week but remains approximately 50% below its peak of $293 reached during last year’s rally.

