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Syndica ☀️

@Syndica_io

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News & research from Syndica: low latency Solana RPC, data streams, Sig Validator & more

Joined September 2021
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@Syndica_io
Syndica ☀️
7 days
RT @solana: Bitcoin 🤝 Solana
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@Syndica_io
Syndica ☀️
8 days
@solana @Optimism 14/ Subscribe to our email newsletter here to receive our reports in your inbox:.
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blog.syndica.io
Insights: Layer 1 & 2 Chains - June 2025
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@Syndica_io
Syndica ☀️
8 days
@solana 13/ @Optimism emerged as the NFT chain in June. Optimism captured 45% of NFT mints, outpacing Solana’s 7%, driven by a surge in NFTs airdropped and NFTs for liquidity pool providers on the Ethereum L2.
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@Syndica_io
Syndica ☀️
8 days
@solana 12/ @Solana's memecoin market dominated in H1 2025. Solana consistently saw nearly a hundred thousand memecoins drawing at least $10k in trading volume monthly, about 100x more than Base’s hundreds.
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@Syndica_io
Syndica ☀️
8 days
@solana 11/ @Solana dominated as the memecoin hub. In H1 2025, Solana captured 80% of memecoin launches, extending its lead with 15x more launches than Base in June.
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@Syndica_io
Syndica ☀️
8 days
@solana 10/ $BTC traded most actively on @Solana. In June 2025, Solana accounted for 59% of wallets trading BTC, while generating the highest trading volume relative to BTC supply on the chain.
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@Syndica_io
Syndica ☀️
8 days
@solana 9/ @Solana traded a diverse range of tokens. In June 2025, 43% of Solana’s DEX volume came from other tokens, contrasting Ethereum’s 80% from stablecoins and its native currency.
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@Syndica_io
Syndica ☀️
8 days
@solana 8/ @Solana dominated DEX volume throughout H1 2025. Solana secured at least 30% of DEX volume across chains each month, #1 amongst all chains.
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@Syndica_io
Syndica ☀️
8 days
@solana 7/ @Solana exhibited strong stablecoin activity in June. In June, Solana placed second in stablecoin transfers and fourth in volume.
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@Syndica_io
Syndica ☀️
8 days
@solana 6/ @Solana emerged as a top chain for $USDT and $USDC. From 2022 through July 2025, Solana held third place in $USDT and $USDC supply, and climbed to second in mints for the first time in 2025.
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@Syndica_io
Syndica ☀️
8 days
@solana 5/ @Solana is the fastest-growing chain for Real World Assets. In H1 2025, Solana’s RWA TVL doubled with 156% growth, far surpassing the next chain, Polygon’s, 87%.
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@Syndica_io
Syndica ☀️
8 days
@solana 4/ @Solana's fee regime just works. In H1 2025, Solana maintained stable median fees for everyday users, despite spikes in average fees during high demand. Base showed unpredictable volatility in median fees, pricing non-adversarial transactions inefficiently.
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@Syndica_io
Syndica ☀️
8 days
@solana 3/ @Solana hosted the most active wallets in Q2 2025. In Q2 2025, Solana sustained at least 80M active wallets, outpacing other blockchains that fell short of 50M.
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@Syndica_io
Syndica ☀️
8 days
2/ @Solana consistently led in Active TPS in H1 2025. In H1 2025, Solana sustained at least 1k active TPS. It did 7x the next highest chain’s level in June.
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@Syndica_io
Syndica ☀️
8 days
1/ Solana has been firing on all cylinders. Last month it led all L1s and L2s in:.– TPS.– Active wallets.– DEX volume.– BTC and stablecoin utility. Here’s the full breakdown of usage and performance across the stack 👇
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@Syndica_io
Syndica ☀️
12 days
RT @solana: App szn. Revenues in H1 2025 up 4x to $1.6B, per @Syndica_io . build your business on Solana
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@Syndica_io
Syndica ☀️
12 days
@solana @pumpdotfun @bullx_io @AxiomExchange @helium @rendernetwork @NATIXNetwork @phantom @metaplex @JupiterExchange @MagicEden 15/ @Solana’s payments ecosystem locked in a solid $276k, powered by @Streamflow_fi and @Helio_pay. Streamflow generated $186k through vesting and payroll streams for DAO contributors, while Helio added $90k via instant crypto merchant payments.
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@Syndica_io
Syndica ☀️
12 days
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@Syndica_io
Syndica ☀️
12 days
@solana @pumpdotfun @bullx_io @AxiomExchange @helium @rendernetwork @NATIXNetwork @phantom @metaplex 13/ @JupiterExchange is consistently generating ~$20M monthly, driven primarily by high-margin perpetuals trading. Unlike spot swaps, each perp trade pays dual fees (open + close) plus hourly funding rates, significantly amplifying revenues.
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