Solana tops 2025 chain revenue at $1.3B; Hyperliquid follows with $816M

In 2025, Solana and Hyperliquid rank as the highest-earning blockchain networks, with Solana at $1.3 billion and Hyperliquid at $816 million. Ethereum trails at roughly $524 million. The results highlight a shift toward execution-driven activity converting usage into fees, rather than relying on passive liquidity or sentiment swings.