Back
Solana Leads All L1 and L2 Chains in Daily dApp Revenue

Solana Leads All L1 and L2 Chains in Daily dApp Revenue

According to SolanaFloor, Solana outpaced all Layer 1 and Layer 2 blockchains in both decentralized application revenue and decentralized exchange trading volume over the past 24 hours.

SOL

Summary

Solana has surpassed all competing Layer 1 and Layer 2 networks in daily decentralized application revenue and decentralized exchange (DEX) trading volume over the last 24 hours, according to monitoring platform SolanaFloor. The data highlights Solana’s dominant performance in both dApp monetization and trading activity compared to other blockchain platforms.

Terms & Concepts
  • Layer 1 (L1): Base blockchain networks such as Bitcoin, Ethereum, or Solana, which operate independently with their own consensus mechanisms and infrastructure.
  • Layer 2 (L2): Protocols built atop Layer 1 blockchains to improve scalability, speed, and cost-efficiency by processing transactions off-chain before final settlement on the base layer.
  • dApp Revenue: Income generated by decentralized applications, usually through transaction fees, service usage, or on-chain economic activity.