Solana continues to lead all blockchains in application revenue, even as memecoin activity slows. Over the past 30 days, it has generated more than $110 million in on-chain app revenue. That figure exceeds Hyperliquid’s $61.1 million and nearly doubled Ethereum’s $47.2 million, according to DeFiLlama data.
Crypto asset manager Bitwise linked Solana’s upside to US market structure reforms.
Bitwise predicted a new record price for Solana if the CLARITY Act passes in 2026. The firm said tokenization and stablecoins remain major growth drivers for Ethereum and Solana.
Also Read: Bitcoin Above $88,000, Ethereum Gains 0.97%, Solana Hits $125
According to Galaxy Research’s study, Solana’s Internet Capital Markets will be worth around $2 billion in the year 2026. The estimated amount is a significant departure from $750 million, the current market size, while the US is preparing to see more than 50 new spot altcoin ETFs come up.
Ondo Finance has launched Solana 2026 after achieving $2 billion in trading volume in 2025. As the network that will host tokenized treasuries, equities, ETFs, and payment rails, will Solana continue its institutional growth while leading the on-chain revenue?