Solana's DApp Revolution: $365M Revenue in 2024
Solana's DApps Hit $365M in 2024
Solana's decentralized applications (DApps) achieved a groundbreaking $365 million in revenue in 2024.
Pump.fun's $106M Success Story
Pump.fun, a launchpad for meme coins, contributed $106 million to Solana’s DApp revenue.
Key Contributors: Photon & Raydium
Photon and Raydium, a token discovery platform and a decentralized exchange (DEX), played pivotal roles.
Memecoins & Telegram Bots Dominate
Memecoin DApps generated $509 million, while Telegram bots brought in $300 million in 2024.
Revenue Breakdown & Future Prospects
Wallets accounted for 9.6% of Solana’s DApp revenue, while DeFi dominated with 83.7%.
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