According to Helius, Solana dominated major cryptocurrencies in the first half of 2025 with actual economic value (Rev) and DEX volumes.Solana Ecosystem Report H1 2025. ”
The report highlighted that Solana has led all REV blockchains since October 2024, reaching $551 million in January 2025.
Rev is a metric that measures the financial demand for using a blockchain network for transactions, such as basic transaction fees and tips outside of protocols.
Daily Rev reached $56.8 million on January 19th, surpassing the combined value of Ethereum and Bitcoin.
In particular, JITO tips contribute between 42% and 66% of monthly REVs, indicating that users pay a substantial premium to prioritization execution and confirm the maximum extractable value (MEV) mature market that channels revenues to the verifier without increasing median.
Daily Transaction Top 160m
The report said the fee structure allowed Solana to absorb traffic spikes such as Trump Memecoin Frenzy in January, but could maintain a median fee of nearly $0.003.
The network processes approximately 162 million transactions every day, with an average slot time of approximately 390 milliseconds (MS), and has not stopped since February 2024.
The Alpenglow Consensus Code, currently in testing, aims to be finalized between 100 and 150 milliseconds, reducing Balidator Breakeven Capital to around $75,000, according to the report.
Total locked amount averaged between $8 billion and $9 billion in the first half of 2025, increasing quarterly, making Solana second only to Ethereum.
Jupiter’s permanent swap platform handled about $1 billion each day and accounted for 79% of the on-chain Perps market, while bot trading performed about half of all swaps.
Liquid Staking Token Zitzoll maintained approximately 39% of its staking share. The network resolved 81% of all DEX transactions in 2024, clearing a $890 billion DEX volume in the first five months of 2025.
Real-world traction expands off-chain reach
Solana’s Stablecoin Float rose from $1.5 billion to $11.7 billion in 18 months, with Circle mintting $1.75 billion in USDC in May alone.
Telecom App Helium Mobile added approximately 300,000 subscribers in the first quarter.
The report added that crowdsourcing mapping project Hivemapper covers 30% of the world’s roads, while Baxus in the tokenized market recorded an 11,500% increase in crypto payments, along with a 50-fold increase in overseas buyers.
