Within the final two days, varied accounts linked to the Solana ecosystem printed information that present it as essentially the most worthwhile community of the cryptocurrency market.
In response to these reviews, Solana would have Heading the revenue rating for 23 consecutive weekssurpassing different layers of layer 1 (L1) and layer 2 (L2).
Nevertheless, by disseminating that data they omitted to say a direct competitor: Hyperliquid. The info present that the latter is just not solely in that contest, however it’s The community that generates extra revenue.
One of many reviews launched by Solana accounts, primarily based on blockworks figures, indicated the next rating within the week of August 18:
- Solana: 15.94 million {dollars}.
- Tron: 14.57 million {dollars}.
- Ethereum: 11.29 million {dollars}.
- BNB Chain: 2.94 million {dollars}.
- Bitcoin: 2.48 million {dollars}.
One other evaluation web site of that ecosystem issued the identical data.
Nevertheless, Blockworks, the identical supply used for that report, reveals that in that very same weekly interval Hyperliquid generated virtually 28 million {dollars}, virtually twice the 16 million attributed to Solana, as seen within the following picture:
The earlier week, the one from August 11 to 17, Hyperliquid additionally relegated Solana to second place. In that case, for a determine of round 7 million {dollars}, in keeping with blockworks.
The metric «chain income» (chain revenue) Quantifies the revenue captured by a community or the holders of your token.
As defined by the Artemis evaluation platform, the measurement contains «the accrued worth for the protocol or tokens holders (USD). Consists of tokens burn, revenue that goes to the treasure of the protocol or different related mechanisms ».
On this manner, the chain income It displays how a lot capital successfully generates networks from their financial exercise, both by means of commissions paid by customers or inner worth seize mechanisms.
In that context, different evaluation platforms verify the supremacy of Hyperliquid and even point out a considerable distinction.
Artemis, for instance, locations Hyperliquid to in entrance of all networks over the past months.
In July, that chain registered greater than 90 million {dollars} in revenueadopted by Tron with about 80 million, Ethereum with 25 million. In response to Artemis, Solana entered simply 5 million, which differs considerably with the metrics proven by blockworks, as seen within the following picture:
The pattern is repeated when reviewing the information of earlier months, with the one exception of January 2025, when Solana managed to beat these different networks talked about. Subsequently, It could not be doable that “Solana leads 23 consecutive weeks.”
The figures uncovered by Artemis are corroborated by Defillama.
The evaluation of various sources equivalent to Blockworks, Artemis and Defillama, though they differ within the magnitude of some measurements, verify the identical pattern: Hyperliquid It was at the moment consolidated as essentially the most worthwhile community when it comes to revenuea proven fact that contrasts with the narrative disseminated from sectors linked to Solana.
