Which Solana apps will generate the most revenue in 2024?

Solana’s sensational 2024 has been a gold rush for members of the network, with hundreds of tokens like $MOODENG, $PNUT, and $GOAT generating astronomical profits.

Traders are looking for the next 100X As we dig deeper into the trenches, Solana’s pick-and-shovel projects are generating phenomenal profits Throughout the year, Solana’s core apps were among the most profitable in the industry Solana-powered apps that shined in 2024 What apps and what we can expect to see in 2025 Memecoins were perhaps the biggest driver of Solana’s growth and popularity throughout the year. Inspired by stories of millionaires who became millionaires overnight, millions of wallets poured money into Solana’s memecoin casino in 2024. Besides the #blockchain protocol itself, Solana’s trading platform has benefited the most from this rapid adoption. According to DefiLlama, Solana’s viral token launch platform pump. fun generated the highest recurring revenue, averaging $29.21 million per month in 2024. According to pump. fun generated daily revenue of millions of USD in Q4, reaching a record high of 14.3 million USD on November 23 After pump. fun, Photon is Solana’s second largest cash cow, generating an average of about 19.56 million USD per month in another proof that Solana’s mimcoin economy is undeniably strong is a Syndica report. According to the report, revenue from mimcoin dApps has grown 305 times this year, far outpacing other sectors of the network. Meanwhile, other major #Solana #DeFi players are recording record high revenues in 2024, with some projects being bought out and According to Top Ledger, more than $34 worth of $RAY has been bought out of the market, which was fully funded by the platform’s revenues. From mimcoin to more DePINs, the Solana scene, which has moved on to specific products, witnessed unprecedented adoption in the second half of the year, with protocols such as Helium and Hivemapper experiencing rapid growth.

In 2024, Solana was in the midst of a veritable gold rush.

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