Solana’s economy is booming. - $1B+ in app revenue for two straight quarters - 3,200+ monthly active developers - ~$800M in quarterly validator REV The latest Network Health Report has all the details 🧵
Solana network performance continues to improve. - 100% uptime for 16+ months (incl. during historic $39B daily volume in Jan. 2025) - Replay times below 400ms (prev. a bottleneck in 2022/23) - Processing ~1,100 TPS vs Ethereum (14) - CU limits raised to 50M
App revenue has exploded, with over $1B per quarter for the past two quarters, growing consistently since Q3 2023. Chain GDP shows a thriving ecosystem where founders are winning and users are active.
Solana validators are thriving. REV hit an all-time high of $56.9M on January 19, 2025, with quarterly REV now averaging ~$800M. In three years, breakeven stake has dropped from ~50k SOL (2022) to just 16k SOL (2025).
Solana remains one of the most decentralized proof-of-stake networks by node count and distribution, w/ 1,295 validators across 40 countries. Solana’s Nakamoto Coefficient of 20 outperforms Ethereum (6). No single country or data center holds more than 33.3% of active stake.
Solana validator client diversity continues to increase. @anza_xyz/@jito_sol’s Agave client has 89% of stake, while @jump_ 's Firedancer is at 7% of stake and growing. Mithril (@overclocksol) and Sig (@syndica_io) clients are in development.
Developers are the lifeblood of Solana, and dev growth is accelerating. Solana was the #1 blockchain for new developers in 2024 (h/t @electriccapital) - 7,600+ new developers joined - 3,200+ monthly active developers - 83% year-over-year growth
There’s much more work to do 🫡 @anza_xyz's new Alpenglow consensus bringing a 100x latency improvement, @DoubleZero network shipping mainnet to IBRL, CU limits increasing from 50M to 60M then 100M+, and more 🔜. Read the full report 👇
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