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Solana Network earned around $25 million last week, surpassing Ethereum for the first time
According to Blockworks Research, Solana earned about $25 million in the week of July 22, surpassing Ethereum ($21 million) for the first time. Blockworks analyst Dan Smith pointed out that the total fee data includes all forms of revenue for Solana validators, such as tips and MEVs. He explained that 58% of fee revenue comes from MEV tips and 37% from priority transaction fees. Meanwhile, Solana Network's revenue hit $5.50 million on July 28, its highest level in three months.
2024-07-30 01:55:30
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