The cryptocurrency landscape is witnessing a shift as decentralized applications (DApps) are now outperforming their respective blockchain platforms. This dynamic trend has been fueled by the rise of DeFi applications and increased institutional interest. A recent Delphi Digital report highlights how DApp fees have surpassed those of blockchains like Solana, illustrating a new era in value capture within the industry. Pump.Fun, for instance, generated over $724 million in total fees in 2025, significantly exceeding Solana’s $632 million. Hyperliquid’s strong performance, meanwhile, accounted for 35% of Solana’s revenue in July alone, demonstrating this paradigm shift. 2025 promises to be a year of significant growth for these DApps, as they capitalize on user engagement and monetize market volatility with innovative strategies like token buybacks.