Solana releases 2025 Annual Review: Ecosystem revenue $2.39 billion, DEX trading volume $1.5 trillion

Wu Shuo learned that the Solana official release of the 2025 annual data review states that the year has become “a year of revenue, assets, and transactions”: Solana ecosystem application revenue reached $2.39 billion (up 46% year-over-year), with 7 applications generating over $100 million in revenue; on the network layer, REV reached $1.4 billion, with an average of 3.2 million active wallets per day (up 50% year-over-year), and the average transaction fee dropped to $0.017. In terms of assets, stablecoin supply increased to $14.8 billion, with total transfers of $11.7 trillion throughout the year, and on-chain stock assets were introduced for the first time; DEX’s annual trading volume reached $1.5 trillion (up 57% year-over-year), with SOL accounting for 42% of trading pairs. Additionally, Memecoin trading volume was $482 billion, launchpad revenue reached $762 million, and Solana spot ETF saw a net inflow of $1.02 billion within the year.