Real Economic Value (REV)
Solana has consistently generated more REV than Ethereum since November 2024
90-Day Rolling Average
Definition: REV refers to Real Economic Value, or the total amount users are willing to pay to transact on a blockchain during a given period.
Methodology: Solana REV: Base Fees + Priority Fees + Vote Fees + Jito Tips; Ethereum REV: Base Fees + Priority Fees + MEV-Boost Tips
Source: Blockworks
Application Revenue
Solana is home to several applications that hit a $100M runrate in under one year
90-Day Rolling Average
Definition: A floor on the amount of revenue generated by applications on each chain.
Methodology: Revenue generated by protocols and applications built on each blockchain
Source: DefiLlama
Average Transaction Cost
Solana transaction fees are consistently three orders of magnitude lower than Ethereum
Definition: Total transaction fees divided by total transaction count during a given day (including unsuccessful transactions).
Methodology: Daily transaction fees divided by daily transaction count for each blockchain
Source: TokenTerminal
Decentralized Exchange Volume
Solana DEX volumes consistently exceed those of Ethereum
90-Day Rolling Average
Definition: Total trading volume across all decentralized exchanges on each blockchain during a given period.
Methodology: Aggregated volume from all DEX protocols including Raydium, Orca, Jupiter (Solana) and Uniswap, Curve, SushiSwap (Ethereum)
Source: DefiLlama
Daily Active Addresses
Solana averages 5-6x the number of daily active addresses on Ethereum
Definition: The number of unique addresses that initiated at least one transaction on each blockchain during a given day.
Methodology: Unique address count from all on-chain transactions including successful and failed transactions
Source: DefiLlama
Number of Transactions
Solana processes 51M daily transactions compared to Ethereum's 1.3M (40x more)
Definition: The total number of transactions processed on each blockchain during a given day, including both successful and failed transactions.
Methodology: Complete transaction count including all transaction types, smart contract interactions, and token transfers
Source: DefiLlama