Solana Hits $20M Revenue, ATH Market Cap of 92.52B, and 16% Fee Share

Solana has seen remarkable growth, with its monthly revenue soaring to $20M this month, up from $625K in March of the previous year. The cryptocurrency's market cap achieved an ATH of 92.52 billion, and it successfully raised $122.5M through 27 presales. For the first time since 2021, Solana's price hit $200. The network is capturing fees at an unprecedented rate, accounting for 16% of all daily fees across major protocols, with a single day's fees reaching approximately $31M, including contributions from Ethereum ($12.9M), Tron ($4.7M), Lido ($3.5M), and Bitcoin. Despite a 16% dip amid declining institutional interest, with $2.7M exiting in a week, Solana remains the top altcoin in March with $23.8M inflows. The price recently fell from 208 to 173, but investors maintain a bullish sentiment.