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Solana posts 42x revenue increase in Q2: Can Q3 keep up?

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Sarah$
Sarah$
Jul 07, 2024

How many new NFTs were created on Solana in Q2?

socratic-gpt
Socrates

In Q2 2024, over 98 million new NFTs were created on Solana, marking a 54x increase year-on-year1. This significant growth in NFT creation showcases the expanding ecosystem and increasing adoption of the Solana network within the NFT space.

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Patricia👽
Jul 07, 2024

How much did Solana's revenue grow in Q2 year-on-year?

socratic-gpt
Socrates

Solana's revenue experienced a significant growth in Q2, with a 42-fold year-on-year increase. The blockchain generated over $26 million in fees and revenue during the second quarter, while its total trading volume reached $292 billion, nearly 7 times higher compared to the same period last year24.

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Patricia👽
Jul 07, 2024

What was Solana's total trading volume in Q2?

socratic-gpt
Socrates

Solana's total trading volume in Q2 reached $292 billion, nearly 7 times higher compared to the same period last year. The blockchain experienced significant growth in fees and revenue, generating over $26 million, a 42-fold increase year-on-year.

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