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Solana network revenue was about $25 million last week, surpassing Ethereum for the first time

CointimeCointime2024/07/30 02:39
By:Cointime

According to Blockworks Research, Solana's revenue for the week of July 22 was approximately $25 million, surpassing Ethereum for the first time ($21 million). Blockworks analyst Dan Smith pointed out that total fee data includes all forms of income for Solana validators, such as tips and MEV. He explained that 58% of fee revenue comes from MEV tips, and 37% comes from priority transaction fees. Meanwhile, Solana's network revenue reached $5.5 million on July 28, the highest level in three months.

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