Solana ecosystem applications generated nearly 300 million USD in revenue in the third quarter, a quarter-on-quarter increase of 50%

According to Solana's official disclosure, the revenue of Solana ecosystem applications in the third quarter approached 300 million dollars, a 50% increase compared to the second quarter.

The trading volume of the spot decentralized exchange reached 19.7 billion dollars, and the market capitalization of stablecoins reached 17.51 billion dollars, setting a new historical high. In addition, the Frontier event of Colosseum received nearly 2,900 project submissions.