The State of Solana Q4 2024 report from Messari reveals that Solana's revenue jumped 213% in Q4, reaching $840 million. November was the best month, with $367 million in revenue. Solana has become popular among crypto developers due to its simplicity and scalability. The report also highlights Solana's growth in decentralized finance (DeFi) and decentralized exchanges (DEXs). Jupiter Perps recorded the largest increase in DeFi TVL at 130%, while Raydium had the highest numbers and market share in DEXs. Stablecoins on Solana also experienced significant growth, with USDC leading in market share. NFT activity also saw an increase. Solana Mobile's new Seeker mobile phone and the potential listing of a SOL exchange-traded fund (ETF) are predicted to further boost the network.



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