If you've been keeping an eye on the blockchain world, especially the buzzing meme token scene, you've probably heard the latest buzz from Solana. A recent tweet from @SolanaFloor dropped some exciting news: In October, Solana didn't just compete—it dominated all Layer-1 (L1) and Layer-2 (L2) chains in terms of decentralized application (DApp) revenue and decentralized exchange (DEX) volume. For those new to the terms, DApps are apps that run on blockchain networks without a central authority, and DEXs are platforms where you can trade crypto assets directly from your wallet, peer-to-peer style.

This achievement is a big deal because it highlights Solana's growing strength in the crypto ecosystem, particularly for meme tokens that thrive on high-speed, low-cost transactions. Solana's network is known for its blazing-fast speeds and cheap fees, making it a hotspot for launching and trading viral memes like those we've seen explode in popularity.

Let's break down the numbers shared in the tweet, sourced from DeFiLlama. First up, the app revenue rankings over the last 24 hours and 30 days:

Rank	Name	App Revenue 24h	App Revenue 30d
1	Solana	$3.37m	$138.24m
2	Hyperliquid L1	$1.75m	$106.21m
3	BSC	$943,979	$85.65m
4	Ethereum	$1.36m	$75.55m
5	Base	$1.01m	$38.4m
6	Edgex	$1.57m	$36.86m
7	Arbitrum	$1.39m	$15.66m
8	Polygon	$148,288	$6.11m
9	Aptos	$932,345	$5.11m
10	Avalanche	$121,528	$4.99m
11	Sui	$94,028	$4.79m

Solana's lead here is impressive, pulling in over $138 million in app revenue over the past month alone. That's more than Hyperliquid L1's $106 million and way ahead of Ethereum's $75 million. This revenue comes from fees generated by DApps, including those powering meme token launches and trades.

But wait, there's more. Solana also crushed it in DEX volume, which measures the total value of trades happening on these decentralized exchanges:

Rank	Name	DEX Volume 24h	DEX Volume 30d
1	Solana	$2.9b	$142.607b
2	Ethereum	$2.847b	$138.17b
3	BSC	$2.659b	$113.048b
4	Base	$1.024b	$52.846b
5	Arbitrum	$367.75m	$26.905b
6	Sui	$273.82m	$21.934b
7	Hyperliquid L1	$363.59m	$19.769b
8	Avalanche	$231.08m	$11.404b
9	Off Chain	$612.56m	$9.548b
10	Unichain	$60.09m	$7.747b

With a whopping $142.6 billion in DEX volume over 30 days, Solana edged out Ethereum's $138.17 billion. This surge in trading activity is a boon for meme token enthusiasts, as Solana's ecosystem supports quick, affordable swaps that keep the meme hype alive without breaking the bank on gas fees.

Why does this matter for meme tokens? Solana has become the go-to chain for meme coin projects thanks to its scalability. Think about it: when a meme goes viral, thousands of trades happen in minutes. Solana handles that volume without the network congestion that plagues slower chains like Ethereum. This dominance could attract even more developers and traders to Solana, potentially sparking the next big meme token wave.

The community reactions in the thread echo this excitement. From comments like "Solana dominance looking very real right now" to playful jabs about Solana being "the chain," it's clear the Solana crowd is pumped. Even as we head into November, this October performance sets a high bar for what's to come in the blockchain space.

If you're into meme tokens or just curious about where the crypto action is hottest, keeping tabs on Solana is a smart move. Stay tuned to Meme Insider for more updates on how these trends shape the meme economy.