Golden Finance reported that according to research by Syndica, Solana’s native DApp earned US$365 million in revenue in November 2024, setting a new monthly high. Solana’s DeFi ecosystem is the main source of revenue, accounting for nearly 84%, while wallets and infrastructure account for less than 15%. Among DeFi activities, Meme coins and Meme-enabled protocols dominate SOL’s revenue. Meme coin DApp monthly revenue will increase 305 times in 2024, exceeding US$500 million. pump.fun led the Solana protocol last month with $106 million in revenue. Additionally, the Telegram bot category has become the second-largest source of revenue after Meme Coin DApps, setting a revenue record of over $300 million this year. The report also said that the number of "high-quality players" in the SOL ecosystem has grown parabolically, with an increase in the number of protocols earning more than $10,000 to $10 million per month.