Solana and Hyperliquid Top Blockchain Revenue in 2025

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Blockchain revenue rankings in 2025 show Solana and Hyperliquid as the top two networks, per CryptoRank data. Solana generated $1.3 billion, while Hyperliquid brought in $816 million, both outpacing Ethereum’s $524 million. Solana’s TVL remains stable between $7 billion and $12 billion, but high transaction volume supports its lead. Hyperliquid, a derivatives platform, saw TVL peak above $60 billion and continues to benefit from active trading. What is notable is the shift in value capture toward execution speed and throughput.

Derived from Bijiie, Solana and Hyperliquid have become the top two blockchain networks in terms of revenue in 2025, according to CryptoRank data. Solana led with $1.3 billion in revenue, followed by Hyperliquid with $816 million, surpassing Ethereum's $524 million. Both networks demonstrate a shift in value capture, driven by execution efficiency and throughput. Solana maintains high transaction volume despite stable TVL between $7 billion and $12 billion, while Hyperliquid, a derivatives platform, saw TVL peak above $60 billion and remains strong due to ongoing trading activity.

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