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Solana’s revenue race with Ethereum intensifies as SOL/ETH ratio stays under pressure in 2025
In 2025, Solana’s network revenue has accelerated, with yearly figures reportedly on track to exceed Ethereum’s for the first time as on-chain activity and RWA growth surge. Data shows Solana’s revenue rising from $28 million in 2021 to $2.5 billion YTD in 2025, while Ethereum has declined to about $1.4 billion. Although the SOL/ETH price ratio has spent 2025 in a bearish trend, Solana still logged a 12-month high around 0.93 in mid-January, keeping the contest between the two L1s firmly in focus going into 2026.
Seleccionado
SOL
SOL+1.20%
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Ripple CTO Explains Coinbase Event Contract Lawsuits and XRP Lending Plans for 2026
On Dec. 17, Coinbase announced a partnership with prediction markets operator Kalshi to let U.S. customers trade event contracts, and on the following Friday it said it had filed lawsuits in states including Connecticut, Michigan and Illinois over related gambling law issues. Ripple CTO David Schwartz then joined an X discussion, clarifying how event contracts are classified as derivatives, while XRPL’s protocol-native lending system targeting institutional credit markets is expected to move into validator voting in late January 2026.
XRP
XRP-0.37%
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