Solana Q3 application revenue jumps 50% to $300 million, SOL price tests supports

Solana reported strong growth across its ecosystem in the third quarter of 2026, with notable gains in application revenue, decentralized exchange activity, and stablecoin markets. According to the official Q3 update, the network generated nearly $300 million in application revenue, reflecting a 50% rise from the previous quarter. Spot decentralized exchange (DEX) volume surged to $197 billion, underscoring increased trading across the platform’s applications. Solana Foundation described its recent ecosystem growth as exceptional, stating that metrics across multiple areas have reached new highs.