Solana: Q3 Ecosystem App Revenue Nears $300 Million, Up 50% Quarter-over-Quarter

on November 2, according to official disclosures from Solana, revenue for Solana ecosystem applications in the third quarter approached $300 million, representing a 50% increase over the second quarter.

Solana officials also noted that spot decentralized exchange trading volume reached $197 billion, and the stablecoin market capitalization hit $17.51 billion, setting a new record high; Colosseum's Frontier event received submissions from nearly 2,900 projects.