Solana-based app revenue increased 213% in the fourth quarter

A survey has found that sales of Solana blockchain-based apps increased by 213% in the fourth quarter of last year.
According to a report by cryptocurrency research firm Messari on the 5th (local time),
Last year, the boom of Solana-related "meme coins" led to a significant increase in sales of apps based on the Solana blockchain, which were $268 million in the third quarter but only $1.2 billion in the fourth quarter.
The increase in sales was due in large part to the Solana-based meme coin issuing platform Pump.fun.
Pumpfun's fourth quarter sales reached $235 million. Mesari said, "Last year, the trading of Solana-based meme coins increased, and meme coins became Solana-defining tokens.
"It has become the driving force behind the (decentralized finance) ecosystem."