Solana Apps Generate 10x More Revenue Than Ethereum: Research

Description

Solana is defying the market downturn, generating significantly more revenue than Ethereum. Data collected by blockchain researcher Aylo shows Solana-based apps pulled in ten times more revenue than their Ethereum-based counterparts. Speculation as an Economic Backbone Aylo’s figures revealed Solana’s stronghold is on-chain activity. In the last 24 hours, apps on the network generated $8.4 million in revenue, nearly 10x more than Ethereum’s $875,613 in the same period. This trend also extended t...