Solana Dominates L1 Blockchains in Q1: Reaches New Record $370 Million in Fees

Solana has emerged as the leader in the Layer-1 (L1) blockchain landscape, achieving a record high of $370 million in fees during the first quarter of 2025. CryptoRank data reveals that this impressive revenue outpaced other leading chains such as Ethereum, TRON, and BNB Chain. This strong performance signals the growing network usage and thriving ecosystem of the Solana blockchain.