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Solana Weekly Revenue Surpasses Ethereum by 566%, Axiom Exchange Tops Protocols; Bitcoin Hits $97,000, Ethereum Deploys Pectra Upgrade

Summary by The Defiant
In April 2025, Solana's decentralized applications (DApps) generated over $162 million in revenue, with weekly revenue surpassing that of all other blockchain chains combined by 566%, including Ethereum. Solana's total decentralized exchange (DEX) volume exceeded $800 billion year-to-date, with April's DEX volume reaching $111 billion, up 14% month-over-month. The network saw 24.2 million active addresses in one week and a stablecoin supply incr…
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The Merkle Hash broke the news in on Wednesday, May 7, 2025.
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