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Solana's weekly app revenue hits 18-month low amid geopolitical tensions, but stablecoin and real-world asset activity hits new highs.

Market News
24 Mar 2026
CoinMarketCap
View Source
Bearish
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Solana's weekly application revenue dropped to an 18-month low of under $20 million due to market cooling and geopolitical tensions, despite a brief crypto rally linked to US-Iran peace hopes. However, the network's financial infrastructure expanded, with stablecoin market cap reaching $17 billion and tokenized real-world assets hitting $1.82 billion. New product launches and institutional-focused privacy tools indicate ongoing development despite short-term revenue declines. Solana's ecosystem market cap remains around $134 billion, showing resilience amid volatility.

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