Despite the controversy faced by the platform, Pump.fun earned $106 million in DApp revenue in November.
Solana’s decentralized applications (DApps) surged in November, driven by memecoin launchpad Pump.fun and the blockchain’s decentralized finance (DeFi) ecosystem.
Research platform Syndica reported that Solana-based DApps reached a revenue of $365 million in November. Pump.fun became the first Solana DApp to surpass $100 million in monthly revenue, according to the data.
Solana DApps revenue in 2024. Source: Syndica