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Solana dApps lead blockchain revenue for 9th quarter with $257M in Q2 2026

Protocol Fundamentals
01 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Solana's decentralized applications generated $257 million in revenue in Q2 2026, maintaining its position as the top revenue-generating blockchain for the ninth consecutive quarter. This streak, ongoing since early 2024, highlights Solana's dominance driven by memecoins, decentralized finance, and consumer apps. Despite a slight year-over-year revenue dip from $271 million in Q2 2025, Solana still commands nearly 41% of total Web3 dApp revenue. Investors should watch if Solana can sustain over $200 million quarterly revenue without heavy reliance on memecoin trading activity.

More News (SOL)

XRP and HYPE funds gain as bitcoin and ether ETFs see record outflows in June

XRP and HYPE funds gain as bitcoin and ether ETFs see record outflows in June

In June 2026, XRP-linked ETFs and Hyperliquid's HYPE funds saw significant net inflows of $59.4 million and $161 million respectively, standing out amid record outflows from bitcoin and ether ETFs which lost over $4 billion and $528.99 million. This ...

Market News
Neutral
4 hours ago
Bitcoin options traders bet on $50,000 puts amid gold futures' bearish signals and rising market caution.

Bitcoin options traders bet on $50,000 puts amid gold futures' bearish signals and rising market caution.

Bitcoin dipped to its lowest since September 2024 at $57,700 before recovering slightly, with $395 million in liquidations signaling bearish pressure. Traders on Deribit favor puts over calls, notably targeting a $50,000 put expiring in September, su...

Market News
Bearish
5 hours ago
Bitcoin sees $91M outflow as traders shift to stablecoins and cash amid caution

Bitcoin sees $91M outflow as traders shift to stablecoins and cash amid caution

Bitcoin experienced a $91.4 million outflow as traders moved funds into stablecoins like USDT and fiat currencies such as the U.S. dollar, signaling short-term caution in the crypto market. Despite this risk-off rotation, selective inflows were noted...

Market News
Neutral
6 hours ago
Bitcoin dips 1.26% to $58,683 as whale activity hints at cautious distribution, not buying.

Bitcoin dips 1.26% to $58,683 as whale activity hints at cautious distribution, not buying.

Bitcoin's price fell 1.26% to $58,683, with on-chain data suggesting that large holders (whales) are quietly distributing rather than accumulating. Ethereum also slipped slightly, while some altcoins like WBT and XLM gained, indicating selective capi...

Technical Signals
Bearish
8 hours ago
USDC and Bitcoin lead crypto exchange outflows, signaling liquidity shifts not immediate price moves.

USDC and Bitcoin lead crypto exchange outflows, signaling liquidity shifts not immediate price moves.

On July 1, major cryptocurrencies USDC and Bitcoin experienced the largest net outflows from exchanges, with USDC seeing about $503 million and Bitcoin $352.7 million withdrawn. This trend indicates a shift in exchange liquidity dynamics rather than ...

Market News
Neutral
8 hours ago
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