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THIS IS NOT A DING ON ETH - THIS IS DATA.

First part that is amazing... winners take most.. which is the way of the world... imagine being a chain that makes no coin and there are thousands of them.

One chain pulling in $1.25B year-to-date revenue is staggering. That’s more than double Ethereum ($523M) and even higher than the combined revenues of Ethereum, Hyperliquid, and Tron together. For years, Ethereum was the “fee machine” of crypto, but Solana is showing it’s not just fast and cheap — but it’s also highly monetizable.

HYPE will surpass ETH later this year I reckon.

Why is this important?

This revenue surge demonstrates actual user demand, sticky activity, and a thriving on-chain economy.

The Best Part?

It trades at only 20% of the market cap of ETH. Lots of upside if Gravity eventually starts to work.

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Comments

Heudoi

But Tom Lee and Blackrock now sell ETH and this will not change next months. They will not sell SOL. Maybe next Bullrun. That's frustrating.

Ryan

Any advice to someone with $30k in NEAR?? Just at break even at the moment, switch to something else maybe?

SamuraiCop

Sir James, do you have any idea when they might announce SOL etf approval?

Postler

Why solstrat tanking then?

Aeternum58

When will Solana pump? It’s still fairly far from ATH.

CryptoBong

Any comments on $TSLA and Elon not being on the same table as the rest of the tech industry leaders? I did note a lot of “thank you” and a$$licking comments. Not sure how and why Chamath was there. I am thinking David Sacks?

Michael A

Not sure if it's true, but I saw Elon say he was invited but he couldn't make it. But really does any of this matter that much?

Michael A

Tom Lee is selling his eth? Is there a link with that info? I'm curious why he's selling. Or do you mean selling it as in pushing it so others will buy it?

Crypto 00

How would gravity works for Solana if institutions want Ether for tokenisations as well as issuing stable coins🤔

DannyC

It’s amazing, remember when Eth was in the single and double digits and so on, now we have the same with Sol, but Solana kicks Eths ass, and the price doesn’t reflect , doesn’t make sense , unless there is a ton of behind the scenes and back end things screwing the valuations up