Solana Dominates Monthly Active Addresses Across All Chains
In a major milestone for the blockchain industry, Solana (SOL) has matched the combined monthly active users of all other Layer 1 and Layer 2 blockchains in June 2025, according to the latest blockchain analytics. This achievement highlights Solana’s increasing dominance in user activity and developer adoption, setting it apart as one of the most active smart contract platforms globally.
Solana equaled the total monthly active addresses of all other L1 and L2 chains combined in June, a sign of exponential user growth and real-world utility.
Record-Setting $271 Million in Network Revenue in Q2 2025
Solana’s strong user metrics are accompanied by record financial performance. The chain generated over $271 million in network revenue in Q2 2025, marking its third straight quarter as the top-earning blockchain. This revenue includes transaction fees and out-of-protocol tips, underlining a sustainable and growing ecosystem.
Three consecutive quarters of leading all blockchains in revenue is a rare feat and underscores Solana’s robust fee economy and ecosystem traction.
Technical Price Action: SOL Holds $149 Support Zone
Despite this bullish on-chain data, SOL’s market price experienced short-term weakness, falling 1.45% over the past 24 hours. The token dropped from $151.41 to $149.21, briefly slipping below the critical $150 psychological support level. A sell-off between July 6 and July 7 created a $4.58 trading range, peaking at $153.67.
Heavy volume near the $149 zone suggested strong buyer interest, triggering a modest rebound to $149.31.
Network Momentum Remains Strong Amid Price Volatility
While short-term technical indicators suggest near-term resistance around $153.67, Solana’s network momentum continues to strengthen. Key factors include:
- User activity surpassing all other chains combined
- Consistent top-tier revenue generation
- Increased developer activity leveraging Solana’s low-fee, high-throughput infrastructure
These signals point to long-term sustainability and ecosystem health, even as short-term price movements reflect broader market sentiment.
Conclusion
With unmatched monthly active user growth and record-breaking revenue, Solana is firmly establishing itself as a leader in the blockchain space. As its ecosystem matures and infrastructure scales, Solana is poised to maintain its dominance—not just in transaction speed, but in real-world adoption and economic value.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.