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Solana: New Record in Economic Value

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24.10.2024

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The economic value of the Solana blockchain has reached a record of $7.93 million, which includes transaction fees and MEV tips. Since the end of September, there has been consistent growth: on October 19, it was recorded at $7.07 million, on October 21 at $7.6 million, and on October 22 at $7.93 million.

According to Blockworks Research, over 90% of Solana's revenue comes from Jito fees and priority fees. As of October 22, Jito accounted for 48.3% of the revenue, priority fees for 48.9%, while base fees and voting contributed only 0.8% and 2%, respectively.

Among the revenue recipients, stakers lead with 41.6%, followed by validators at 30.1% and SOL Burn at 25.8%. Jito Labs occupies the last position with 2.4%.