Is Solana Set to Overtake Ethereum in 2025? A Record-Breaking Quarter Says Yes

• Solana’s Q1 2025 revenue of $369.5 million is already half of its total earnings in 2024.
• Ethereum’s Q1 2025 revenue of $220.8M shows slower growth compared to Solana’s surge.
• Solana’s focus on scalability and low fees has fueled its rapid growth, challenging ETH.

Solana generated $369.5 million in revenue during Q1 2025, already reaching 50% of its total revenue from 2024. This demonstrates Solana’s faster revenue growth, exceeding Ethereum’s Q1 2025 revenue of $220.8 million. According to recent performance data, Solana is expected to surpass Ethereum’s total revenue for the year. 

Solana has been on an upward trend, propelled by its high scalability, low transaction fees, and its ability to handle large volumes of transactions. Over the years, Solana’s annual revenue has witnessed a significant surge.

Related: Solana Losing U.S. Market Share: Could This Pump Chances of XRP ETF Approval?

In the year 2020, it stood at less than a million dollars, while in 2021, the network revenue recorded $28.2 million, indicating Solana as a developing operational system. In 2022, Solana achieved $26.3 million in revenue, followed by $25.6 million in 20…

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