Solana Tops All Layer-1 and Layer-2 Networks in Revenue for Second Straight Month
According to Blockworks (digital asset research firm) data, Solana led blockchain revenue rankings for a second consecutive month among Layer-1 and Layer-2 networks.
SOL
Summary
No Summary provided as the original text is short
Terms & Concepts
Layer-1: A base blockchain network that processes and settles transactions on its own chain, such as Solana or Ethereum.
Layer-2: A scaling network built on top of a base blockchain to improve speed or lower costs while relying on the underlying chain for security.
Blockchain revenue: Income generated by a blockchain network, often from transaction fees or other on-chain activity.