Solana's total application revenue in August reached $193.5 million, marking a 126% increase compared to the same month last year, according to a Step Finance report. Trading tools led the revenue generation, contributing $67 million, which is 2.6 times higher than August 2024. Axiom and Pump.fun also saw significant gains, with revenues of $49.1 million and $41 million, respectively.
Infrastructure applications maintained stable revenue at $7.4 million, while decentralized exchange (DEX) revenue hit $22.5 million, with Meteora outperforming Raydium. Smaller segments like DePIN and Pokémon Trading Cards experienced substantial growth, with revenues increasing approximately fivefold and 2.3 times year-over-year, respectively. These figures highlight Solana's uneven yet broad revenue expansion across various sectors.
Solana's August App Revenue Surges 126% to $193.5 Million
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