Solana (SOL) application revenue reached $144.25 million in September, the highest monthly total recorded on the network in eight months, according to DefiLlama data.

The performance coincided with the strongest month of 2026 so far for on-chain application revenue across the industry. DefiLlama's dashboard, which ranks application revenue at the chain level, shows applications across the 356 blockchains it tracks generating $467.66 million for the month. Solana applications captured the largest single share of that figure, equivalent to roughly 30.8 percent of the industry-wide total — placing the network ahead of every other chain DefiLlama tracked during the period.

Application revenue, as measured by DefiLlama, reflects fees that users pay to applications operating on a blockchain. The metric is widely followed as an indicator of real economic activity on a network, since it tracks direct user spending on applications rather than the value of tokens locked in protocols. Because it is denominated in fees actually paid by users, monthly revenue figures lend themselves to direct comparison across time and across chains — the basis for both the eight-month-high framing and DefiLlama's chain-level rankings.

DefiLlama is a widely used on-chain analytics platform that aggregates data across decentralized finance protocols and blockchains, including total value locked (TVL), fees, and application revenue. Its chain-level revenue rankings covered 356 networks during the period in question.

Solana is a proof-of-stake layer-1 blockchain designed for high transaction throughput and low fees. Its application ecosystem spans decentralized exchanges, lending protocols, liquid staking services, and consumer-facing applications, making application revenue a key gauge of activity across the network.

For readers following the metric, DefiLlama's monthly chain-level rankings serve as the reference point for whether the September level and Solana's share of the industry total are sustained, surpassed, or matched by competing networks in the months ahead.

This content was first published on COINOTAG: Solana (SOL) App Revenue Hits $144.25M in September, an Eight-Month High