Solana's application revenue in the third quarter of 2026 increased by 48% quarter-on-quarter to $299.1 million

According to Blockworks data, Solana's core financial metrics fully rebounded in the third quarter. Application revenue increased by 48% quarter-over-quarter to $299.1 million, reaching a new high since the third quarter of 2025; the quarterly trading volume of tokenized stocks reached a record $7.1 billion, with September alone hitting a historical peak of $4.4 billion.

The spot DEX trading volume was $197.2 billion, accounting for 36% of cross-chain spot trading volume, maintaining above 30% for the ninth consecutive quarter. This quarter, the on-chain transaction volume reached a record of 14.2 billion transactions, approximately 1,790 transactions per second.