- The most profitable application on the network Solana It turned out to be the Pump.fun platform.
- The memecoin launch service’s revenue in the first quarter amounted to $124,7 million, which is 17% more than in the previous quarter.
The decline in the memecoin market didn’t stop the Pump.fun platform from earning $124,7 million in the first quarter of 2026. This is more than a third of the network’s total revenue. Solana, which amounts to $342,2 million, according to According to Messari.
Pump.fun’s revenue grew 17%, making it the largest revenue source for SolanaThis confirms the sustainability of its business model even with the decline in overall activity in the memecoin segment. Previously, the Happy Coin Club editorial team Wrote, that in 2026, traders began returning to the platform to launch memecoins. The share of those making a profit on Pump.fun increased from 57% to 73,3% by April.
The Launchpad sector as a whole performed well, with all token launch platforms generating approximately $144 million, or 42% of total app revenue. SolanaThe Axiom trading protocol took second place among applications with revenue of $42,4 million.
The network continues to actively develop in other areas. The trading app sector became the fastest growing, with revenue increasing by 40% to $79 million. Real asset capitalization (RWA) Solana exceeded $2 billion, up 43% quarter-on-quarter. BlackRock’s tokenized funds were among the growth drivers.
Total locked value DeFi fell by 22% to $6,16 billion, although, according to According to According to researchers at Messari, this decline is primarily due to a 33% drop in the price of SOL, rather than user churn. The network’s share of the total value locked DeFi remained at approximately the same level – 6,7%.
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