Solana’s August Triumph: App Revenues Soar to $148M in Stellar Month

Solana just flexed its muscles—and the numbers don't lie.

Revenue Revolution

August wasn't just another month; it was a statement. Solana's ecosystem raked in a jaw-dropping $148 million from app revenues alone. That's not growth—that's a tidal wave.

Defying the Odds

While traditional finance still debates blockchain utility, Solana's builders are too busy printing results. No committees, no delays—just code that converts into real value.

Ecosystem Momentum

Developers aren't waiting for permission. They're deploying, iterating, and scaling at a pace that leaves legacy systems looking like relics. The network effect isn't coming—it's already here.

Wake-Up Call

Let's be real: if you're still measuring success in quarterly reports while Solana posts monthly fireworks, you're already behind. Traditional finance may dismiss crypto volatility, but they can't ignore $148 million in pure execution.

For the past month, SOL also regained its previous positions, moving from $163 to a peak above $215. For the past month, SOL open interest expanded by over 30%, remaining above $6B. SOL also saw the bulk of derivative settlements on its own chain, instead of on centralized exchanges. 

Solana grew on BTC inflows, LST, and RWA tokenization

Solana also produced between $1M and $2M in daily fees regularly. App revenues produced over $7.4M in 24 hours, surpassing the basic Solana fee structure. The Solana chain continues to surpass other networks for over eight months in a row, driven by a mix of trends and use cases.

For the past month, Solana achieved peak perpetual futures volumes of over $43.8B, thanks to Drift Protocol. Perpetual futures trading got a boost from SOL token swaps, as the price rallied above $200. Solana aims to gain a share of the perpetual futures markets, recently outcompeting Ethereum.

August on Solana, by the numbers:

➔ $148 million in app revenue, up 92% from 2024 and surpassing all other networks

➔ All-time high perps volume of $43.8 billion

➔ 2.9 billion transactions, up 46% y/y and more than 4x all other networks combined

➔ $144 billion in DEX… pic.twitter.com/uPIZXObxW6

— Solana (@solana) September 4, 2025

The other growth vector was RWA tokenization, as more tokenized stocks moved to Solana. The sector is constantly breaking new records, with over $500M in value. 

Another trend in August was liquid staking tokens, which expanded their influence on DeFi protocols. Marinade Finance provided the biggest growth in the past month, especially drawing attention with its token burn. 

Solana also invited inflows of BTC, offering a bridged tokenized version, which was then mostly used in DeFi. 

Solana token launches expand by over 30%

In August, token launches on Solana accelerated once again. After July’s score of around 1M tokens, in August, the Solana network produced 1.34M new tokens. 

📊DATA: In August, over 1.34 million new tokens launched on @Solana, mostly memecoins. pic.twitter.com/C5n7rhQS66

— SolanaFloor (@SolanaFloor) September 4, 2025

The newly launched tokens tracked the meme token wars in the past month, where other platforms outperformed for a few days. Most tokens on Solana were still meme-related, and most did not graduate to DEX. Despite this, trench trading saw a recovery in August.

However, Pump.fun remained the main venue for token launches, regaining its position as a top fee producer.

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