Solana DApps Hit New Revenue Record, Outpacing L1 and L2 Chains

Solana decentralized applications (dApps) have achieved a significant milestone, generating over $187 million in revenue during November 2025. This record-breaking performance surpassed all Layer 1 and Layer 2 blockchain networks according to SolanaFloor, a leading blockchain data aggregator. The surge in revenue is attributed to strong DeFi activity and increased institutional interest, as evidenced by the SOL ETF inflows.