In the second quarter of 2025, Solana’s ecosystem experienced mixed performance across key metrics. Total application revenue dropped 44.2% to $576.4 million, while the app revenue capture ratio increased from 126.5% to 211.6%. Application Revenue Plunge According to the latest Messari report, the total application revenue generated on Solana plunged 44.2% quarter-over-quarter (QoQ), from $1.0 […]
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