Within the final two days, numerous accounts linked to the Solana ecosystem revealed information that present it as essentially the most worthwhile community of the cryptocurrency market.
In accordance with these stories, Solana would have Heading the earnings rating for 23 consecutive weekssurpassing different layers of layer 1 (L1) and layer 2 (L2).
Nevertheless, by disseminating that info they omitted to say a direct competitor: Hyperliquid. The information present that the latter will not be solely in that contest, however it’s The community that generates extra earnings.
One of many stories launched by Solana accounts, primarily based on blockworks figures, indicated the next rating within the week of August 18:
- Solana: 15.94 million {dollars}.
- Tron: 14.57 million {dollars}.
- Ethereum: 11.29 million {dollars}.
- BNB Chain: 2.94 million {dollars}.
- Bitcoin: 2.48 million {dollars}.
One other evaluation web site of that ecosystem issued the identical info.
Nevertheless, Blockworks, the identical supply used for that report, exhibits that in that very same weekly interval Hyperliquid generated virtually 28 million {dollars}, virtually twice the 16 million attributed to Solana, as seen within the following picture:
The earlier week, the one from August 11 to 17, Hyperliquid additionally relegated Solana to second place. In that case, for a determine of round 7 million {dollars}, in accordance with blockworks.
The metric «chain income» (chain earnings) Quantifies the earnings captured by a community or the holders of your token.
As defined by the Artemis evaluation platform, the measurement contains «the gathered worth for the protocol or tokens holders (USD). Consists of tokens burn, earnings that goes to the treasure of the protocol or different comparable mechanisms ».
On this method, the chain income It displays how a lot capital successfully generates networks from their financial exercise, both by commissions paid by customers or inside worth seize mechanisms.
In that context, different evaluation platforms affirm the supremacy of Hyperliquid and even point out a considerable distinction.
Artemis, for instance, locations Hyperliquid to in entrance of all networks over the past months.
In July, that chain registered greater than 90 million {dollars} in earningsadopted by Tron with about 80 million, Ethereum with 25 million. In accordance with Artemis, Solana entered simply 5 million, which differs considerably with the metrics proven by blockworks, as seen within the following picture:
The pattern is repeated when reviewing the information of earlier months, with the one exception of January 2025, when Solana managed to beat these different networks talked about. Due to this fact, It might not be attainable that “Solana leads 23 consecutive weeks.”
The figures uncovered by Artemis are corroborated by Defillama.
The evaluation of various sources comparable to Blockworks, Artemis and Defillama, though they differ within the magnitude of some measurements, affirm the identical pattern: Hyperliquid It was at the moment consolidated as essentially the most worthwhile community when it comes to earningsa undeniable fact that contrasts with the narrative disseminated from sectors linked to Solana.
