Solana Apps Pull In US$193M in a Month, Outpacing Hyperliquid as Real‑World Assets Explode

Solana’s application revenue hit US$193.1 million in the last 30 days, nearly twice Hyperliquid’s total, according to Castle Labs research.

More importantly, the network’s real‑world asset (RWA) ecosystem ballooned from US$700 million to US$4.37 billion in a year, signalling a shift away from meme‑coin speculation toward tangible use cases.