Solana Breaks Revenue Record with $1.2 Billion Q1 2025 Earnings

Solana’s app revenue soared to a record high of $1.2 billion in the first quarter of 2025, driven by a significant surge in activity from platforms like Pump.fun and Jupiter. The impressive growth indicates Solana’s growing dominance within the DeFi and crypto app space, fueling investor confidence. Pump.fun generated a whopping $257 million, followed closely by Phantom with $164 million, and Jupiter saw a 79% leap to $80 million. Notably, January alone accounted for nearly 60% of this revenue, highlighting the platform’s strong performance during that period. 20% higher than the previous quarter further demonstrates Solana’s remarkable growth trajectory.