Solana-based apps have generated 10 times more revenue than Ethereum-based apps, according to blockchain researcher Aylo.
In the last 24 hours, Solana apps generated $8.4 million in revenue compared to Ethereum's $875,613.
Solana's economic security is largely built on speculative activity and high-frequency trading on its apps, contributing to a more stable financial base for the network.
However, Ethereum still maintains dominance in terms of large trade volumes and liquidity pools.