Santiment data reveals Solana's network growth has jumped 124% since early September. Fresh users are entering the ecosystem at a sharply accelerated rate.
Solana generated $38.2 million in application revenue versus Ethereum's $11.7 million during the seven days ending Oct. 10, 2026.
Solana generates $38.2 million in revenue on dApps in seven days and dethrones Ethereum. Even when adding up its entire ecosystem, Ethereum still can't compete with Solana.
The transaction follows a similar move last month as Solana promotes a unified network for applications and digital assets.
Solana has completed the last step of SIMD-0525 and has been running twice as fast as in the summer since Friday. Capacity per second is untouched by it, and in two places the new cadence bears directly on your money.
Solana traded at $109.91 on Binance spot at 2:08 a.m. ET (06:08 UTC) Oct. 10.
Of the circulating SOL, 438.97 million units are delegated, which is 74.6 percent. Our own query of the Solana nodes shows how few validators tip the balance and what is left of the yield.
The transfers included 218,000 SOL sent to centralized exchanges and 250,000 SOL moved to BitGo. SKYA held more than 2 million SOL as of Sept.
Solana is quoted at $108.88 on Friday evening, 8.1 percent lower than a week ago. On the same day the chain is reporting 1.88 million active addresses, the highest level in 13 months.
The final SIMD-0525 step halves Solana's original slot-time target, shortening leader windows and epochs while per-slot budgets keep work capacity roughly steady.
The change doubles block frequency from Solana's genesis-era rate and cuts epoch duration from about two days to roughly one day.
Funding stayed positive for Bitcoin, Ether, XRP and Dogecoin, while open interest rose for each of those assets in the Oct. 9 snapshot.