If you're into crypto, especially meme tokens, you've probably heard the buzz around Solana. A recent tweet from Solana Daily highlights just how dominant this blockchain has become. For the 22nd week in a row, Solana has topped the charts in network revenue, outpacing other major layer 1 (L1) and layer 2 (L2) blockchains. L1s are the base blockchains like Solana or Ethereum, while L2s are built on top of them to handle more transactions cheaply.

The tweet shares a leaderboard breaking down the revenue from the past week. Solana raked in a whopping $20.81 million, leaving Tron in second place with $15.27 million and Ethereum third at $14.73 million. Further down the list, you have Bitcoin at $3.17 million, BNB Chain at $2.9 million, and others like Base, Arbitrum, Avalanche, Optimism, Polygon, zkSync, and Aptos trailing behind with much smaller figures.

This isn't just numbers on a chart—it's a sign of Solana's growing strength in the crypto world. One big reason for this revenue lead is Solana's super-fast transaction speeds and low fees. The tweet also quotes an earlier post about Solana hitting over 107,000 transactions per second (TPS) during a stress test. TPS measures how many transactions a network can handle in a second, and hitting six figures is a huge deal. It means Solana can support tons of activity without bogging down, which is perfect for the wild world of meme tokens.

Why Solana's Revenue Dominance Matters for Meme Tokens

Meme tokens thrive on hype, quick trades, and community buzz, often exploding in popularity overnight. Solana's ecosystem has become a hotspot for these because of its efficiency. Unlike Ethereum, where high gas fees (transaction costs) can eat into your profits, Solana keeps things affordable. This low barrier to entry encourages more people to launch and trade memes, driving up network activity and, in turn, revenue from fees.

Think about it: every time someone buys, sells, or launches a new meme coin on Solana, it generates a tiny fee that adds up across millions of transactions. With meme seasons heating up, projects like Pump.fun have made it easier than ever to create and trade these tokens, funneling even more revenue to the network.

Breaking Down the Competition

While Solana sits comfortably at the top, it's interesting to see who's nipping at its heels. Tron, known for its stablecoin transfers and DeFi apps, comes in second. Ethereum, the granddaddy of smart contracts, is third but has been facing scalability issues that L2s like Base and Arbitrum are trying to solve. Base, built on Ethereum, is gaining traction with $1.81 million, showing how L2s are capturing some of the overflow.

Bitcoin, the original crypto, focuses more on store-of-value than high-volume transactions, which explains its lower revenue spot. Chains like Avalanche and Optimism are solid players but haven't matched Solana's meme-driven momentum yet.

What This Means for Blockchain Practitioners

If you're building or investing in meme tokens, Solana's streak is a green light. It signals stability and growth potential. Developers can leverage tools like Solana's high TPS for smoother dApps (decentralized applications), while traders benefit from the liquidity and speed.

Keep an eye on updates from sources like Solana Daily for the latest. As the crypto landscape evolves, Solana's lead could inspire more innovation in meme ecosystems, from AI-generated tokens to community-driven launches.

Stay tuned to Meme Insider for more insights on how these trends shape the meme token world. Whether you're a seasoned degen or just dipping your toes in, understanding network revenue can help you spot the next big opportunity.