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Analysis: Solana ecosystem enters 2025 'super cycle', revenue accounts for 46% of entire chain

Summary: According to on-chain analyst arndxt (@arndxt_xo), Solana is becoming the 'Bloomberg' of the crypto field, supported by three key data points for its '2025 super cycle': 1) Launchpad evolving into SaaS tools, LetsBonk daily revenue exceeding $1 million; 2) Tokenized stocks becoming collateral infrastructure, pre-IPO equity as real TAM; 3) Solana Q2 revenue reaching $570 ...

According to on-chain analyst arndxt (@arndxt_xo), Solana is becoming the 'Bloomberg' of the crypto field, supported by three key data points for its '2025 super cycle': 1) Launchpad evolving into SaaS tools, LetsBonk daily revenue exceeding $1 million; 2) Tokenized stocks becoming collateral infrastructure, pre-IPO equity as real TAM; 3) Solana Q2 revenue reaching $570 million, accounting for 46% of the entire chain's revenue, driven by dApps, Bots, and Launchpad tools.

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