{"id":19723,"date":"2024-12-19T17:45:46","date_gmt":"2024-12-19T15:45:46","guid":{"rendered":"https:\/\/forklog.com\/en\/solana-dapps-revenue-hits-record-365-million-in-november\/"},"modified":"2024-12-19T17:45:46","modified_gmt":"2024-12-19T15:45:46","slug":"solana-dapps-revenue-hits-record-365-million-in-november","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/solana-dapps-revenue-hits-record-365-million-in-november\/","title":{"rendered":"Solana Dapps Revenue Hits Record $365 Million in November"},"content":{"rendered":"<p>The total fees generated by Solana applications in November reached a historic high of $365 million, with $106 million attributed to the &#8220;meme token factory&#8221; Pump.fun, according to data from <a href=\"https:\/\/blog.syndica.io\/deep-dive-solana-dapps-revenue-nove\/\">Syndica<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1368.webp\" alt=\"1-1368\" class=\"wp-image-248214\"\/><figcaption class=\"wp-element-caption\">Data: Syndica.<\/figcaption><\/figure>\n<p>Pump.fun became the first in Solana to achieve a nine-figure income in a month.<\/p>\n<p>The figure could have been even higher if not for the suspension of streaming at the end of November, which led to a one-third drop in fees. This measure was taken in response to the widespread dissemination of unacceptable content.<\/p>\n<p>Other leaders include the coin discovery platform Photon and the decentralized exchange Raydium. Since the beginning of the year, <span data-descr=\"decentralized applications\" class=\"old_tooltip\">dapps<\/span> in the meme token sector have earned $509 million, Telegram bots \u2014 $300 million, and spot decentralized exchanges \u2014 $141 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-981.webp\" alt=\"2-981\" class=\"wp-image-248215\"\/><figcaption class=\"wp-element-caption\">Data: Syndica.<\/figcaption><\/figure>\n<p>The total figure for meme tokens this year has increased more than 300-fold. In January, the revenue of dapps in this category was $600,000, while in November it reached $183 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-550.webp\" alt=\"3-550\" class=\"wp-image-248216\"\/><figcaption class=\"wp-element-caption\">Data: Syndica.<\/figcaption><\/figure>\n<p>In 2024, 83.7% of all revenues from decentralized Solana applications were generated by DeFi protocols, 9.6% by wallets, and the remaining 6.5% by infrastructure, NFTs, and games.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-347.webp\" alt=\"4-347\" class=\"wp-image-248217\"\/><figcaption class=\"wp-element-caption\">Data: Syndica.<\/figcaption><\/figure>\n<p>According to Token Terminal, in November, the Solana blockchain attracted 53% of the entire cryptocurrency user base, surpassing all competitors combined.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">\u26a1 JUST IN: <a href=\"https:\/\/twitter.com\/search?q=%24SOL&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SOL<\/a> captured 53% of global crypto users in November, surpassing all other chains combined. <a href=\"https:\/\/t.co\/OLfRfcOvCv\">pic.twitter.com\/OLfRfcOvCv<\/a><\/p>\n<p>\u2014 Cointelegraph (@Cointelegraph) <a href=\"https:\/\/twitter.com\/Cointelegraph\/status\/1869684619622396129?ref_src=twsrc%5Etfw\">December 19, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, NBC noted the onset of a &#8220;carnival-casino&#8221; era amid the hype around meme tokens.<\/p>\n<p>Solana&#8217;s founder Anatoly Yakovenko has explained the benefits of such assets to the network.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total fees generated by Solana applications in November reached a historic high of $365 million, with $106 million attributed to the &#8220;meme token factory&#8221; Pump.fun, according to data from Syndica. Data: Syndica. Pump.fun became the first in Solana to achieve a nine-figure income in a month. The figure could have been even higher if [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1145,1161,1268,1159],"class_list":["post-19723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-market-analysis","tag-memes","tag-on-chain-analysis","tag-solana-sol"],"aioseo_notices":[],"amp_enabled":true,"views":"38","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=19723"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/19723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/19722"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=19723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=19723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=19723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}