In a recent clip shared on X, Alex Kehaya, a contributor at ABK Labs and host of The Index Podcast, chats with Cosmo Jiang from Solana Company about what they're calling the "revenue chain." This discussion highlights how projects built on Solana are skyrocketing from zero to over $100 million in revenue faster than ever before. If you're into meme tokens, this is huge because Solana has become the hotspot for these viral assets, driving massive user adoption and profits.
The clip, posted by @afkehaya, emphasizes Solana's edge in speed, low costs, and convenience. Kehaya points out that some of the fastest-growing companies in history are emerging on this blockchain. Jiang adds that consumers crave faster and cheaper experiences, which Solana delivers, capturing the majority of new growth in users, transactions, and profitability over the last two years.
Why Solana Stands Out for Meme Tokens
Solana's architecture allows for high throughput and minimal fees, making it ideal for the high-volume trading that meme tokens thrive on. Unlike slower chains where transactions can cost a fortune and take ages, Solana lets traders jump in and out quickly, fueling the hype cycles that send meme coins to the moon.
Take Pump.fun as a prime example. This Solana-based meme coin launchpad has exploded since its debut in early 2024. According to reports from Messari, Pump.fun has generated over $866 million in lifetime revenue by facilitating the creation of more than 13 million tokens. That's a classic case of going from zero to hundreds of millions in record time, all thanks to Solana's efficient ecosystem.
Pump.fun works by letting anyone create a meme token with just a few clicks, using a bonding curve model that automatically handles liquidity as the token gains traction. Once it hits a certain market cap, it "graduates" to a decentralized exchange like Raydium, where trading really takes off. This seamless process has captured 75-80% of Solana's meme coin market share, as noted in Cointelegraph.
Community Reactions and Broader Implications
The tweet sparked positive buzz in the replies. Users like @JozefStefanides praised Solana's speed and low costs as game-changers for builders. Others echoed the sentiment that Solana is the platform for explosive growth, with comments like "Just build on @solana" reinforcing the network's appeal.
For blockchain practitioners eyeing meme tokens, this underscores Solana's dominance. While competitors like BNB Chain's four.meme recently edged out Pump.fun in 24-hour revenue (Yahoo Finance), Solana's overall ecosystem remains unmatched in scale and speed. Jiang mentions in the clip that Solana is the most profitable Layer 1 blockchain, with over $1.5 billion in revenue, making it a no-brainer for developers.
Looking Ahead: Building on Solana
If you're thinking about launching a meme token or building in crypto, Kehaya's advice is clear: "Just build on @solana." The network's ability to support rapid scaling means your project could be the next big thing hitting $100 million in revenue. Tools like Pump.fun lower the barriers, letting creativity and community drive success.
As the meme token space evolves, keep an eye on Solana for the latest innovations. Whether it's through podcasts like The Index or platforms like Pump.fun, the revenue chain is real—and it's happening now.