Solana Validators Pull in $25M in Fees Amid TRUMP and MELANIA Hype

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Solana Validators Pull in $25M in Fees Amid TRUMP Hype

Solana has proven to be a profitable chain for validators in recent times as the TRUMP and MELANIA tokens helped generate revenue

Solana (SOL), the world’s fifth-largest digital asset with a market cap of $123 billion, is experiencing continued traffic in memecoins trading. Its largest-ever daily fee generation record came from the official Trump (TRUMP) and official Melania Meme (MELANIA) tokens, respectively. 

Trading Activities on Solana Set New Records

As part of its 2024 achievements, Solana housed about 87% of all new tokens launched across Decentralized Exchanges (DEXs) last year. 

This year, validators witnessed an unprecedented inflow of over 100,000 SOL, amounting to about $25.8 million. This height was attained mainly through fees from trading TRUMP and MELANIA on the blockchain. 

After the two tokens had primed on January 20, both faced a downward turn before an upsurge on Wednesday. 

Since attaining the peak, both tokens are now experiencing intense volatility. These trading activities yielded 7.14% passive income for major stakers while inflation rates dropped below 5% simultaneously. 

Noteworthy is that trading activities were inspired by the receipt of over 87,000 Solana by validators through bets from $MELANIA and a large volume of trading on $TRUMP token. 

The increase in trading activities also led to about 24.7 million transaction bundles, further affirming the success of the tokens. On Solana, bundles are the transactions collated and grouped to be sent to validators for processing. 

Other Activities on the Blockchain

Tippers comprise a larger portion of the 4.5 million daily active users, especially in 2025. 

According to analysts, 1.5 million daily active users on the Solana platform are key tippers, considering token sniping, especially on platforms like Orca and Meteora. Tippers are bots or subscribed persons who add extra tips to their transactions to incentivize validators. They do this so that validators can prioritize their transactions over others in the block. 

Through the $MELANIA and $TRUMP memecoins, Solana raked in $14 million in revenue. This showcases how blockchains can quickly handle larger volumes of transactions. 

These achievements have also hinted at how the potential Solana Exchange-Traded Funds (ETFs) will gain massive embrace. These Solana ETFs will help SOL get more ground-breaking records.


DisclaimerThe information provided in this article is for informational purposes only. It does not constitute investment, financial, trading, or any other sort of advice. You should not treat any of BGECrypto’s content as such. BGEcrypto does not recommend that any cryptocurrency should be bought, sold, or held by you. Do your due diligence and consult your financial advisor before making any investment decisions.

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