Solana Tops $1.2M in Daily Fees as Capital Inflows Surpass Ethereum

Highlights:

• Solana records over $1.2 million in daily fees, leading all blockchain networks
• Capital inflows into SOL reach $8.3 billion in one week, outpacing Ethereum
• Network activity hits 14.6 million daily active addresses, a new 2025 high

Solana is cementing its leadership across multiple blockchain performance metrics, surpassing Ethereum in recent capital inflows and fee generation. According to data from Artemis, Solana collected more than $1.2 million in transaction fees in the past 24 hours.

At the same time, increasing network activity and technical strength continue to support its growing market dominance.

Solana Leads Blockchain Growth with Highest Fees Revenue and Network Activity

Solana’s network fees reached the highest in the industry over the past day, placing it above Hyperliquid, Ethereum, and Bitcoin. The surge in activity contributed to $16.98 million in network revenue for the week ending July 6, according to Blockworks data. This marks the 15th consecutive week Solana has led all Layer 1 and Layer 2 chains in revenue generation.

Moreover, Santiment data shows a surge in daily active addresses, which crossed 14.63 million, setting a new high for the year. The rising user engagement points to broader utility and adoption across Solana’s growing ecosystem. This performance stands out especially as other networks struggle to maintain user traction under current market conditions.

Inflows Signal Strong Market Confidence in SOL

Meanwhile, Glassnode data reveals that Solana attracted $8.3 billion in capital inflows over the last seven days. Ethereum followed with $6.2 billion, reflecting robust yet comparatively weaker investor engagement. Though the SOL/ETH ratio fell to 0.0586—its lowest point in 2025—SOL has shown clear momentum driven by new capital entry.

Despite the short-term dip in the ratio, long-term indicators favour Solana due to continued ecosystem expansion and investor interest. Strong fee generation, network revenue, and capital inflows are reinforcing the bullish narrative. These inflows not only reflect confidence but also provide liquidity for further development and user incentives.

Price Outlook Turns Bullish Amid Technical Setup

Solana is approaching a key technical setup that could trigger its next major price move. Analyst Carl suggests that SOL is forming a symmetrical triangle pattern with resistance near $162. He identifies a potential breakout target at $167 if momentum continues. At the time of writing, SOL trades around $151, positioning it for potential upside if volume sustains.

The price action remains closely tied to network performance, as high fees and active usage often correlate with upward price trends.