PANews reported on January 15 that according to Dan Smith, applications on Solana generated industry-leading revenue totaling $751 million in the fourth quarter of 2024, followed by Ethereum at $314 million. The data comes from DeFiLlama, which does not yet include the revenue of Circle and Tether, and plans to distribute revenue across chains based on their circulating supply distribution.

Ryan Connor, head of research at Blockworks, said that since October last year, Solana's crypto applications have continued to account for more than 50% of weekly revenue, and currently account for 56% of total revenue. The proportions of other chains are: Ethereum 18%, Base 9%, and BNB 5%.