Solana published its 2025 report — key highlights:

🔵 Ecosystem reached scaled revenue: Applications built on Solana generated $2.39B in revenue. Seven projects exceeded $100M in annual revenue, while the long tail of thousands of smaller apps contributed $500M+, underscoring broad-based ecosystem monetization.

🔵 Solana cemented its position as a high-performance L1: The network generated $1.4B in REV (real economic value captured by the network), processed a record 33B non-vote transactions, averaged around 1,050 TPS, and maintained roughly 3.2M daily active wallets.

🔵 Strong growth in real-world assets and stablecoins: Stablecoin supply reached $14.8B, with annual transfer volume hitting $11.7T. Tokenized equities launched on Solana, and the BTC-related segment expanded, strengthening cross-ecosystem liquidity.

🔵 DEX economy became dominant: Decentralized exchange volume totaled $1.5T (+57% YoY). SOL and USDC emerged as the core trading pairs, while prop-AMMs accounted for more than half of aggregated DEX volume, highlighting structural innovation in on-chain trading.

Overall, the report points to Solana’s transition from a high-throughput blockchain to a mature, revenue-generating financial and application platform, with growing dominance in DeFi, stablecoins, and real-world asset tokenization.