
On January 21, 2025, Solana-based applications dominated the cryptocurrency landscape by capturing 73.3% of all crypto app earnings in a single day, significantly outpacing competitors like Binance Smart Chain (9.44%) and Ethereum (6.46%). This surge was largely driven by decentralized exchanges (DEXs) on Solana, which reported a combined trading volume of $39.2 billion, fueled by the launch of the TRUMP memecoin. Consequently, Solana’s native token (SOL) reached an all-time high of $294.33 on January 19, 2025, underscoring the network’s growing influence and robust ecosystem