The Solana official recently released the 2025 annual report, highlighting impressive financial performance within the ecosystem. According to data, seven leading projects on the chain have each surpassed $100 million in annual revenue, reflecting Solana's strong ability to attract funds as a high-performance public chain.

Among these top projects, Pumpfun continues to play the role of a "money printer." This Memecoin issuance platform remains the most profitable project within the ecosystem, demonstrating its strong fundraising capability. On the other hand, Jupiter, as a DEX aggregator, speaks with data — with a total trading volume of $922 billion, with Jupiter holding an absolute market share, clearly becoming the dominant player in the aggregator track.

In addition to these two star projects, Meteora and Axiom Exchange have also performed well, emerging as new forces within the ecosystem and worth paying attention to.

The heat in the Memecoin track has cooled down. Last year, trading volume decreased by 10% year-over-year, which seems a bit subdued. But from another perspective, the market size is still 80 times larger than two years ago, indicating that we have entered a "stock game" phase — participants are focusing on existing assets rather than wild growth and fanatic pursuit as in the early days.

In terms of user activity, 3.2 million unique wallets interact on the chain daily, representing a real user base, not inflated data. This number alone demonstrates the genuine activity and market depth of the Solana ecosystem.