‘The year of revenue, assets, and trading’: Ethereum and Solana boast growth in 2025

Ethereum and Solana, the two most-used blockchains, released annual reviews for 2025, positioning themselves for dominance. The Ethereum Foundation emphasized that 2025 solidified Ethereum as the secure foundation for digital civilization, citing institutional adoption and interoperability, while maintaining a DeFi ecosystem over 9x larger than its nearest L1 competitor, with $99 billion in total value locked.

Solana reported all-time highs in app revenue, unique active wallets, and DEX volumes, despite a dip in memecoin volumes. Solana applications earned $2.39 billion in revenue, up 46% year-over-year, and saw stablecoin supply double to $14.8 billion. While metrics like Total Network REV are debated, Solana reduced its average transaction fee to $0.017.

Both networks saw improvements in user experience; Ethereum implemented the Pectra and Fusaka upgrades to boost throughput and prepare for phone-native consumer apps, while Solana focused on scaling its monolithic architecture against Ethereum's rollup-centric approach.

(Source：The Block)