Ethereum vs Solana: Weekly DApp Revenue Comparison Reveals Key Trading Insights (2025 Data

May 5, 2025

The cryptocurrency market has been abuzz with a recent comparison between Ethereum and Solana, focusing on the weekly revenue generated by applications built on their respective blockchains. On May 5, 2025, Milk Road shared a detailed chart on Twitter, highlighting the stark contrast in revenue generation between these two leading layer-1 blockchain platforms (Source: Milk Road Twitter, May 5, 2025, 10:30 AM UTC). According to the data shared, Ethereum-based applications generated over $35 million in weekly revenue as of May 3, 2025, while Solana-based applications lagged significantly behind with approximately $6 million in the same period (Source: Milk Road Chart Data, May 5, 2025). This substantial gap underscores Ethereum’s dominance in the decentralized application (dApp) ecosystem, largely driven by its mature infrastructure and widespread adoption in decentralized finance (DeFi) and non-fungible token (NFT) markets. Ethereum’s price at the time of the tweet was hovering around $3,200, reflecting a 2.5% increase over the prior 24 hours as of 11:00 AM UTC on May 5, 2025, while Solana traded at approximately $145, up 1.8% in the same timeframe (Source: CoinGecko, May 5, 2025, 11:00 AM UTC). Trading volume for Ethereum reached $12.4 billion in the 24 hours leading up to 11:00 AM UTC, compared to Solana’s $2.1 billion, indicating significantly higher market activity for Ethereum (Source: CoinMarketCap, May 5, 2025, 11:00 AM UTC). On-chain metrics further reveal Ethereum’s strength, with over 1.2 million active addresses recorded on May 4, 2025, compared to Solana’s 650,000 active addresses in the same period (Source: Dune Analytics, May 5, 2025). This disparity in user engagement and revenue generation points to Ethereum’s entrenched position, though Solana’s lower transaction costs and faster processing speeds continue to attract developers. For traders, this data offers critical insights into market sentiment and potential investment opportunities in both ETH and SOL trading pairs, especially as Ethereum maintains its lead in dApp revenue generation.

Delving into the trading implications, the revenue disparity between Ethereum and Solana suggests distinct opportunities and risks for investors looking at ‘Ethereum vs Solana revenue comparison’ or ‘best layer-1 blockchain for dApps.’ Ethereum’s robust revenue stream, reported at $35 million weekly as of May 3, 2025, signals strong fundamentals, making ETH a safer bet for long-term holding, particularly in pairs like ETH/BTC and ETH/USDT, which saw trading volumes of $4.8 billion and $5.2 billion respectively in the 24 hours ending at 11:00 AM UTC on May 5, 2025 (Source: Binance Exchange Data, May 5, 2025). Conversely, Solana’s lower revenue of $6 million in the same period may indicate undervaluation or growth potential, especially for risk-tolerant traders eyeing SOL/USDT, which recorded a 24-hour trading volume of $1.3 billion as of 11:00 AM UTC on May 5, 2025 (Source: Binance Exchange Data, May 5, 2025). The on-chain transaction volume also paints a telling picture: Ethereum processed over $8.5 billion in transactions on May 4, 2025, while Solana handled $1.9 billion in the same timeframe (Source: Etherscan and Solscan, May 5, 2025). This gap suggests that while Solana offers scalability advantages, its ecosystem is yet to catch up in terms of economic activity. For traders, this could mean short-term volatility in SOL prices, potentially offering swing trading opportunities. Additionally, the correlation between dApp revenue and market sentiment cannot be ignored—Ethereum’s consistent revenue generation likely contributes to its price stability, whereas Solana’s lower figures could pressure SOL if adoption doesn’t accelerate. Traders searching for ‘Solana dApp growth potential’ or ‘Ethereum investment analysis 2025’ should monitor upcoming upgrades like Ethereum’s continued roll-out of layer-2 solutions or Solana’s developer incentives, which could shift these dynamics by Q3 2025.

From a technical perspective, key indicators provide further clarity for trading decisions. Ethereum’s Relative Strength Index (RSI) stood at 58 on the daily chart as of May 5, 2025, at 12:00 PM UTC, indicating a neutral-to-bullish momentum, while Solana’s RSI was slightly lower at 52, suggesting room for upward movement if buying pressure increases (Source: TradingView, May 5, 2025, 12:00 PM UTC). Ethereum’s 50-day moving average was $3,150, with the price breaking above this level at $3,200 as of 11:00 AM UTC on May 5, 2025, signaling a potential continuation of bullish trends (Source: TradingView, May 5, 2025). Solana, trading at $145, remained just below its 50-day moving average of $148, hinting at possible resistance unless volume picks up (Source: TradingView, May 5, 2025). Volume analysis reinforces these trends—Ethereum’s spot trading volume spiked by 15% to $12.4 billion in the 24 hours leading to 11:00 AM UTC on May 5, 2025, while Solana saw a more modest 8% increase to $2.1 billion in the same period (Source: CoinMarketCap, May 5, 2025). On-chain data also shows Ethereum’s gas fees averaging 20 Gwei on May 4, 2025, compared to Solana’s negligible fees of less than 0.01 SOL per transaction, highlighting Solana’s cost advantage despite lower revenue (Source: Etherscan and Solscan, May 5, 2025). For traders exploring ‘Ethereum technical analysis May 2025’ or ‘Solana price prediction,’ these indicators suggest Ethereum remains a stronger momentum play, while Solana could be a contrarian pick if dApp adoption metrics improve. Monitoring weekly revenue updates and trading volume shifts will be crucial for capitalizing on price movements in both assets.

In summary, the revenue comparison between Ethereum and Solana, as highlighted on May 5, 2025, offers actionable insights for crypto investors and traders. With Ethereum’s dApp ecosystem generating significantly higher revenue and showing stronger on-chain activity as of May 3, 2025, it remains the dominant force in the layer-1 space. Solana, while trailing, presents potential upside for those betting on its scalability and cost advantages. Staying updated on ‘Ethereum dApp revenue trends’ and ‘Solana blockchain growth 2025’ will be essential for informed trading strategies.

Frequently Asked Questions:
What is the weekly revenue difference between Ethereum and Solana dApps as of May 2025?
The weekly revenue for Ethereum-based applications was reported at $35 million, while Solana-based applications generated $6 million as of May 3, 2025, showing a significant gap in ecosystem earnings (Source: Milk Road Chart Data, May 5, 2025).

How do Ethereum and Solana trading volumes compare in May 2025?
Ethereum’s 24-hour trading volume reached $12.4 billion, far surpassing Solana’s $2.1 billion as of 11:00 AM UTC on May 5, 2025, indicating higher market interest in ETH (Source: CoinMarketCap, May 5, 2025).