Solana dominated main cryptocurrencies in real financial value (REV) and DEX volumes during the primary half of 2025, based on Helius’ “Solana Ecosystem Report H1 2025.”
The report highlighted that Solana has led all blockchains in REV since October 2024 and reached $551 million in January 2025.
REV is a metric that measures the financial demand for utilizing a blockchain’s community for transactions, together with base transaction charges and out-of-protocol suggestions.
Each day REV hit $56.8 million on January 19, surpassing the mixed value of Ethereum and Bitcoin.
Notably, Jito suggestions contributed between 42% and 66% of month-to-month REV, displaying that customers pay sizable premiums for precedence execution and confirming a mature marketplace for most extractable value (MEV) that channels income to validators with out growing median charges.
Each day transactions high 160M
The report famous that the payment construction allowed Solana to soak up visitors spikes, resembling January’s TRUMP memecoin frenzy, whereas sustaining a median payment of practically $0.003.
The community processed roughly 162 million transactions day by day, with a median slot time of round 390 milliseconds (ms), and has not halted since February 2024.
In accordance with the report, the upcoming Alpenglow consensus code, at the moment within the testing part, goals for a finality of 100 to 150 ms and reduces validator breakeven capital to roughly $75,000.
The overall value locked averaged between $8 billion and $9 billion during the primary half of 2025, with an 18% quarter-on-quarter improve, putting Solana second solely to Ethereum.
Jupiter’s platform for perpetual swaps dealt with roughly $1 billion in day by day volume and accounted for 79% of the on-chain perps market, whereas buying and selling bots executed roughly half of all swaps.
Liquid staking token JitoSOL stored about 39% of the staking share. The community settled 81% of all DEX trades in 2024 and cleared $890 billion in DEX buying and selling volume during the primary 5 months of 2025.
Real-world traction expands off-chain attain
The stablecoin float on Solana elevated from $1.5 billion to $11.7 billion in 18 months, with Circle minting $1.75 billion in USDC in Might alone.
Telecom app Helium Cell added roughly 300,000 subscribers within the first quarter.
The report added that crowdsourced-mapping undertaking Hivemapper lined 30% of the worldwide roads, and the tokenized-asset market Baxus logged an 11,500% improve in crypto funds, alongside a 50-fold rise in abroad consumers.