Solana Surges to 2nd Highest Protocol by 24-Hour Fees, Beats Bitcoin in 7-Day Revenue with $88M, $74M, ~16K $SOL, $72M, $16B

Solana has surged to become the second-highest protocol by 24-hour fees, surpassing Bitcoin in fees revenue over the past 7 days. The network saw an inflow of over $88 million in stablecoins in 24 hours and attracted $74 million in stablecoins within the same period. Users paid over ~16,000 $SOL in fees in a 24-hour period, reaching a new all-time high. Additionally, over $72 million has been bridged from other blockchains to Solana in the past 7 days. Solana's NFTs sale volume has exceeded $16 billion, and its defi trading volume is rising, leading to record-breaking network fees due to the high number of daily transactions.