In current Solana information, A 21Shares evaluation finds that Solana’s blockchain pulled in roughly $2.85 billion in income over the 12 months ending September 2025.
That works out to about $240 million per thirty days on common, with a January 2025 peak of $616 million throughout a memecoin buying and selling surge.
By comparability, Ethereum’s month-to-month income in years 4 to 5 of its life (2019–2020) averaged underneath $10 million.
In different phrases, Solana right now earns roughly 20–30× the per‑month income Ethereum did at the same stage.
Solana Information: Buying and selling Platforms and Meme Mania Drive Revenue
Buying and selling charges and instruments account for the biggest share of Solana’s earnings. Previously yr, buying and selling platforms generated $1.12 billion, about 39% of Solana’s complete.
Excessive-frequency swap instruments like Photon and Axiom deal with complicated trades and run up large charges throughout the late‑2024 meme-coin increase.
For instance, “President Trump’s Trump Coin” spurred file quantity and despatched January 2025 income above $616 million.
Even after that frenzy, month-to-month income has settled round $150–$250 million, drawn from a mixture of DEX buying and selling, lending, wallets, DePIN (decentralized infrastructure), and AI-driven apps.
21Shares noted that Solana’s annual income is now similar to giant tech corporations – roughly on par with Palantir’s $2.8B (2024) or Robinhood’s $2.95B.
Solana Growth Far Forward of Ethereum’s Early Years
The report underscores how Solana’s development far exceeds Ethereum’s in its infancy. Ethereum’s income in 2019–2020 (4 to 5 years post-launch) was lower than $10 million per thirty days.
In contrast, Solana’s present month-to-month take is about $240 million, or roughly 20–30× increased. Some months even hit 50× the Ethereum early peak.
Solana’s day by day utilization additionally dwarfs Ethereum’s on the identical age: the report cites 1.2–1.5 million day by day energetic Solana addresses right now, versus about 400k–500k for Ethereum in 2019–2020.
In brief, Solana is capturing a a lot bigger share of on‑chain exercise, because of its increased throughput and decrease charges.
Institutional Backing and Outlook
21Shares highlights rising institutional curiosity in Solana. Publicly traded corporations now hold over $3 billion worth of SOL tokens on their steadiness sheets.
Firms like Ahead Industries, Pantera, and Brera (Solmate) have refocused as Solana-centric companies.
A U.S. spot SOL ETF is also on the horizon: a choice by the SEC is predicted in October 2025, which may unlock wider investor entry.
In the meantime, on-chain utilization metrics are surging – Solana’s DeFi complete worth locked is nearing $13 billion, stablecoin flows are up 6× year-over-year, and over $500 million in tokenized actual‑world belongings now reside on Solana.
The community’s tech is being upgraded too: for instance, new validator software program (Firedancer) goals for 1 million transactions/sec, and protocols like Alpenglow will reduce finality time to underneath 200ms.
Solana’s five-year journey has produced dramatic income development. In 2022–23 the community made solely about $13 million in income, but it surely has since scaled to $2.85B over 12 months (a 220× leap).
As 21Shares places it, Solana has moved “from resilience to readiness” – its ecosystem is now absolutely operational and commercially viable.
With various use instances, rising institutional help, and excessive throughput, Solana’s financial engine is firing far hotter than Ethereum’s early phases.
