Solana's daily net inflows have surpassed all other major blockchains, including Sui, Base, Arbitrum and Ethereum. As of December 15, the Solana network collected net inflows of $12 million.
According to data from Artemix.XYZSolana (SOL).ARB) and Sui (SUI), together.
Solana regained the top spot a month later blockchain it last held it on November 17 with $17.6 million. On December 15, Solana dethroned Arbitrum, yesterday's reigning champion, which held second place with a daily net inflow of $5.9 million.
In third place, Sui collected a daily net inflow of $5.3 million, followed by OP Mainnet with $2.2 million and Base with $2.1 million. At the very bottom of the list is the Ethereum (ETH) blockchain with a net outflow of $25.4 million.
Solana's recent increase in revenue is often linked to a similar increase in the meme coin segment, especially from pump.fun, a Solana-based meme coin launch site. But that is not the case this time.
according to data from Dune's analysis, pump.fun saw its daily revenue drop slightly by 6% from $2.67 million on December 14th to $2.51 million on December 15th. Pump.fun's revenue peaked on November 23rd with $14.3 million, but has failed to surpass $5 million since then.
Solana's year-end sprint
In the past few months, Solana has achieved several milestones as the year draws to a close. As previously reported by crypto.news on December 13, Solana was considered the fastest growing blockchain, with annual growth of up to 83%. Solana even surpassed the world's largest blockchain, Ethereum.
In November, the Solana monthly decentralized exchange trading volume arrived $109.73 billion, crossing the $100 billion threshold for the first time in crypto history. The jump in Solana's trading volume came a few days after Solana's price dropped over there $200 for the first time in seven months of trading after an increase of 8.69%. The token then reached a record high of $263.21 on November 23.
At the time of writing, Solana is currently trading hands at $220.76, having risen nearly 2% in the last 24 trading hours, according to data on crypto.news. Solana has a market cap of about $105 billion and a fully diluted valuation of over $130 billion.