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Solana app revenue hits $143M in August, driven 40% by Pump.fun memecoin platform

Protocol Fundamentals
04 Sep 2026
Crypto Briefing
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Bullish
Solana app revenue hits $143M in August, driven 40% by Pump.fun memecoin platform

Solana's decentralized app ecosystem generated $143.23 million in revenue in August, capturing 38.1% of total blockchain app revenue. This marks a 73% increase from July's $82.9 million, largely fueled by Pump.fun, a memecoin launchpad contributing over $58 million, or 40% of Solana's earnings. Pump.fun has also executed aggressive buybacks, reducing its token supply significantly. Solana set a record with 5.2 billion non-vote transactions, outperforming competitors like Ethereum and BNB Smart Chain. The main concern is the ecosystem's heavy revenue reliance on Pump.fun, which could pose risks if the platform's momentum slows.

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