Solana Apps Generate $193M in 30 Days Amid Real-World Assets Surge

Solana RWAs Surge to $4.37B as Growth Moves Beyond Meme coins

Solana has become crypto’s highest-grossing application ecosystem, and the numbers suggest its revenue engine is becoming broader than the meme coin boom that helped build it.

Applications on Solana generated $193.1 million in revenue over the past 30 days, according to Castle Labs. Hyperliquid ranked second with $86.5 million, followed by Ethereum at $53.8 million and Robinhood-related activity at $34.6 million.

Roughly 80% of Solana’s app revenue still comes from consumer applications such as launchpads, trading terminals, and collectibles. But the research argues that this revenue is proving more durable than critics assume.