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Solana Chain GDP Hits $1.2B in Q1 2025 as Meme Coins Fuel Massive Growth

  • Solana's Chain GDP reached $1.2 billion in Q1 2025, driven by apps like Pump.fun and Phantom.
  • The App RCR surged to 142.8%, showcasing the robust app monetization strength on Solana.
  • Despite a drop in USD, DeFi TVL grew in SOL, with Kamino leading the market.
  • Solana's success in Q1 2025 was attributed to rising user interest and meme coin speculation, with DEX platforms playing a significant role in revenue growth.

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