{"id":308920,"date":"2024-11-19T09:32:11","date_gmt":"2024-11-19T09:32:11","guid":{"rendered":"https:\/\/cryptonews.com\/?post_type=web-story&#038;p=308920\/"},"modified":"2024-11-19T09:32:11","modified_gmt":"2024-11-19T09:32:11","slug":"solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees","status":"publish","type":"web-story","link":"https:\/\/cryptonews.com\/web-stories\/solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees\/","title":{"rendered":"Solana Overtakes Ethereum as Top Chain on Nansen, Raydium Rakes in Record Fees"},"content":{"rendered":"<p><\/p><meta charset=\"utf-8\"><meta name=\"viewport\" content=\"width=device-width,minimum-scale=1,initial-scale=1\"><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0.js\"><\/script><script async=\"\" src=\"https:\/\/cdn.ampproject.org\/v0\/amp-story-1.0.js\" custom-element=\"amp-story\"><\/script><link 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<\/style><p><meta name=\"web-stories-replace-head-start\"><\/p><title>Solana Overtakes Ethereum as Top Chain on Nansen, Raydium Rakes in Record Fees<br>\n<\/title><link rel=\"canonical\" href=\"https:\/\/cryptonews.com\/?post_type=web-story&amp;p=308920\/\"><meta name=\"web-stories-replace-head-end\"><body><amp-story standalone=\"\" publisher=\"Cryptonews\" publisher-logo-src=\"https:\/\/cryptonews.com\/wp-content\/uploads\/2023\/12\/Group-2.png\" title=\"Solana Overtakes Ethereum as Top Chain on Nansen, Raydium Rakes in Record Fees\n\" poster-portrait-src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19093205\/cropped-1732008394-image-1732007386411_optimized.jpg\"><amp-story-page id=\"3edbc84d-a526-4d92-9fa5-78a1adeb4a8d\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-3207da12-ee98-4d8b-b53a-7afdbd3b51d2\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.70874%;width:105.09709%;height:118.77023%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-e66effea-a6b7-4d00-8904-7a01fdd60864\">\n<div style=\"position:absolute;width:100%;height:100.00519%;left:0%;top:-0.00259%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png\" alt=\"1728037267-bg\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-768x1302.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-604x1024.png 604w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-450x763.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-177x300.png 177w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04102107\/1728037267-bg-150x254.png 150w\" sizes=\"(min-width: 1024px) 47vh, 105vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a36abb7a-0427-4c0d-aa49-1aa052c52f80\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:14.23948%;width:82.52427%;height:41.10032%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 0.7874015748031495% 0.7874015748031495% 0.7874015748031495% 0.7874015748031495%\" id=\"el-29548984-eca4-4bf5-aa70-1c4f81cda4b0\">\n<h2 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.7588235294117652% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.485437em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Solana Overtakes Ethereum as Top Chain on Nansen, Raydium Rakes in Record Fees<\/span>\n<p><\/p><\/span><\/h2>\n<p><span class=\"replacer\"><\/span><\/p><\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:67.96117%;width:100%;height:41.26214%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-d24b2aa1-e08a-4302-ae2d-83c2aa7f1f2d\">\n<div style=\"position:absolute;width:100%;height:100.01866%;left:0%;top:-0.00933%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3.png\" alt=\"1728039509-recs-instalations-3\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3-768x475.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3-450x279.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3-300x186.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/10\/04105829\/1728039509-recs-instalations-3-150x93.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><\/amp-story-page><amp-story-page id=\"83b2b2b0-1b09-49f6-9255-d43be0e25919\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-dd8daa67-a677-489f-b971-29aefaaf1498\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:58.41424%;width:82.52427%;height:12.78317%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.5316455696202533% 2.5316455696202533% 2.5316455696202533% 2.5316455696202533%\" id=\"el-2ba5e467-6319-48f5-999a-4db0b7cc374f\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">He added that the approval was seen as a deviation from the SEC&rsquo;s usual stance, indicating a potential shift influenced by political pressures.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:42.39482%;width:82.52427%;height:12.94498%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.5% 2.5% 2.5% 2.5%\" id=\"el-2d93c2bc-d5f3-4f07-88f1-622a75598544\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Solana has seen a substantial increase in user activity in recent weeks, reaching over 6.3 million active addresses in November, a new all-time high.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:28.9644%;width:82.52427%;height:9.87055%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 3.278688524590164% 3.278688524590164% 3.278688524590164% 3.278688524590164%\" id=\"el-847c5d83-0d17-4877-a0fe-1802fa4786ec\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6070588235294123% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.388350em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Solana Surpasses Corporate Giants in Market Cap<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b4260d91-0679-4daa-b5dc-a6e41ee8bfef\">\n<div 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layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png\" alt=\"big ribbon top\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png 710w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-300x161.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-150x81.png 150w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/18181428\/1731953668-graph-solana-and-eth_v2.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"42d924ff-07d0-4af4-bad7-8df21eb4b411\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-2f1488a5-1fe3-4082-9cab-2623dbe6ddc7\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:10.67961%;top:72.97735%;width:78.39806%;height:9.70874%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6191950464396285% 0.6191950464396285% 0.6191950464396285% 0.6191950464396285% \/ 3.3333333333333335% 3.3333333333333335% 3.3333333333333335% 3.3333333333333335%\" id=\"el-fa952b17-d8b8-4088-9120-975abc769322\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.42600619195046474% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Starbucks&rsquo; current market cap is $111.96 billion, while Nike&rsquo;s market cap stands at $111.28 billion.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:10.67961%;top:54.20712%;width:78.39806%;height:15.85761%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6191950464396285% 0.6191950464396285% 0.6191950464396285% 0.6191950464396285% \/ 2.0408163265306123% 2.0408163265306123% 2.0408163265306123% 2.0408163265306123%\" id=\"el-8e6c2844-6b09-4f5b-8420-d06d324ee4a8\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.42600619195046474% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Solana also surpassed the market capitalizations of Starbucks and Nike on the same day, with a market cap of $115.67 billion, reflecting a 5% increase in the past 24 hours.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:90.93851%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9a58daf8-1dac-495e-a31d-3c561d54bd81\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:-2.42718%;width:100%;height:44.49838%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-894b5d8b-5d43-4b4a-bd71-154b5efac548\">\n<div style=\"position:absolute;width:100.12136%;height:100%;left:-0.06068%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png\" alt=\"wall of rectagles\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-768x512.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-300x200.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-150x100.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/18181428\/1731953668-graph-solana-and-eth_v2.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"3388ff41-a437-4a0d-b830-a4f7291bd63c\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-48303ab0-b202-4b4d-b768-553cce680760\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:54.20712%;width:77.18447%;height:25.08091%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.628930817610063% 0.628930817610063% 0.628930817610063% 0.628930817610063% \/ 1.2903225806451613% 1.2903225806451613% 1.2903225806451613% 1.2903225806451613%\" id=\"el-20c21ec6-34b6-42a8-ae53-6c6037614643\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4327044025157237% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">According to Dune data, the total market capitalization of Solana liquid staking tokens (LSTs) surged to a new all-time high of $7.40 billion on November 17.&nbsp;<\/span><\/span><\/p>\n<p><span style=\"color: #737373\">The top three LSTs by market share are JitoSOL (43%), mSOL (16.3%), and jupSOL (12.5%).<\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:12.13592%;top:44.17476%;width:76.45631%;height:6.95793%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.6349206349206349% 0.6349206349206349% 0.6349206349206349% 0.6349206349206349% \/ 4.651162790697675% 4.651162790697675% 4.651162790697675% 4.651162790697675%\" id=\"el-c1f02fef-7a64-4cb1-9516-fa3f334cd968\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4641269841269846% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.275081em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Solana&rsquo;s decentralized finance (DeFi) ecosystem is also expanding rapidly.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:11.40777%;top:26.69903%;width:77.18447%;height:14.56311%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.628930817610063% 0.628930817610063% 0.628930817610063% 0.628930817610063% \/ 2.2222222222222223% 2.2222222222222223% 2.2222222222222223% 2.2222222222222223%\" id=\"el-a5b7f62f-3842-4224-8724-d7cf36c07a99\">\n<h3 class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.6490566037735855% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.388350em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"font-weight: 700\">Memecoin Mania and Price Rally Boost Solana DeFi Ecosystem<\/span><\/span><\/h3>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:2.589%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-8620b7ce-3e65-4c4e-bd82-c9a8b5ec3e34\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:87.54045%;width:74.02913%;height:22.16828%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-a1fc1e22-9006-446a-9e8a-04790856666b\">\n<div style=\"position:absolute;width:100%;height:100.00003%;left:0%;top:-0.00001%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png\" alt=\"big-ribbon-bottom\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph.png 610w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105121\/1718189481-bottom-graph-300x135.png 300w\" sizes=\"(min-width: 1024px) 33vh, 74vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:19.90291%;top:-9.70874%;width:80.09709%;height:28.64078%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-4edb72e9-8b3e-44d6-9718-1dede00ecf05\">\n<div style=\"position:absolute;width:100%;height:100.31033%;left:0%;top:-0.15516%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png\" alt=\"big ribbon top\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph.png 710w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-300x161.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12105217\/1718189537-top-graph-150x81.png 150w\" sizes=\"(min-width: 1024px) 36vh, 80vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/18181428\/1731953668-graph-solana-and-eth_v2.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><amp-story-page id=\"fbbb2f35-1d48-4480-8f4b-19c3d7bd632d\" auto-advance-after=\"7s\"><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\" style=\"background-color:#fff\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:0;top:-9.25926%;width:100%;height:118.51852%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-754e3a7e-797e-4713-a0e7-6cc346b808ab\">\n<div class=\"fill\" style=\"will-change:transform\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-grid-layer template=\"vertical\" aspect-ratio=\"412:618\" class=\"grid-layer\">\n<div class=\"page-fullbleed-area\">\n<div class=\"page-safe-area\">\n<div style=\"position:absolute;pointer-events:none;left:8.25243%;top:71.52104%;width:82.52427%;height:12.94498%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 2.5% 2.5% 2.5% 2.5%\" id=\"el-4bac5d49-5034-41b0-b0e2-13b6ab10d4dc\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">According to a Nov. 18 X post from DeFi analyst Patrick Scott, who cited DefiLlama data, five of the top 10 protocols by fees in the last 24 hours were on Solana.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:50%;width:82.52427%;height:18.93204%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0;border-radius:0.5882352941176471% 0.5882352941176471% 0.5882352941176471% 0.5882352941176471% \/ 1.7094017094017095% 1.7094017094017095% 1.7094017094017095% 1.7094017094017095%\" id=\"el-0732437e-c51e-4763-a04b-9e4607e8f913\">\n<p class=\"fill text-wrapper\" style=\"white-space:pre-line;margin:0.4047058823529416% 0;font-family:&quot;Noto Sans&quot;,sans-serif;font-size:0.258900em;line-height:1.19;text-align:left;padding:0;color:#000000\"><span><span style=\"color: #737373\">Additionally, fees for Solana-based DApps increased greatly in the last 24 hours, with automated market maker Raydium and liquid staking protocol Jito setting new records of $11.79 million and $9.87 million, respectively, according to DefiLlama data.<\/span><\/span><\/p>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:9.70874%;top:90.93851%;width:9.70874%;height:6.47249%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-9d9f165e-ff93-4660-a0df-bc659dcb4fb0\">\n<div style=\"position:absolute;width:100%;height:100.00005%;left:0%;top:-0.00003%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png\" alt=\"logo-short-color\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short.png 120w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-96x96.png 96w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12083912\/1718181552-logo-short-64x64.png 64w\" sizes=\"(min-width: 1024px) 4vh, 10vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:0;top:-5.66343%;width:100%;height:50%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-57ffd32f-acd7-4b15-9c46-b496a2fe173a\">\n<div style=\"position:absolute;width:112.5%;height:100%;left:-6.25%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png\" alt=\"wall of rectagles\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles.png 840w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-768x512.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-300x200.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/06\/12110454\/1718190294-wall-of-rectangles-150x100.png 150w\" sizes=\"(min-width: 1024px) 45vh, 100vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<div style=\"position:absolute;pointer-events:none;left:8.73786%;top:-2.42718%;width:82.03883%;height:44.49838%;opacity:1\">\n<div style=\"pointer-events:initial;width:100%;height:100%;display:block;position:absolute;top:0;left:0;z-index:0\" class=\"mask\" id=\"el-b0dc581f-7cfd-4200-b8cc-da178fa92889\">\n<div style=\"position:absolute;width:116.67271%;height:100%;left:-8.33635%;top:0%\" data-leaf-element=\"true\"><amp-img layout=\"fill\" src=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed.png\" alt=\"unnamed\" srcset=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed.png 1054w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed-1024x714.png 1024w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed-768x536.png 768w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed-450x314.png 450w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed-300x209.png 300w,https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/19092900\/unnamed-150x105.png 150w\" sizes=\"(min-width: 1024px) 37vh, 82vw\" disable-inline-width=\"true\"><\/amp-img><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><\/p><\/amp-story-grid-layer><amp-story-page-outlink layout=\"nodisplay\" cta-image=\"https:\/\/cimg.co\/wp-content\/uploads\/2024\/11\/18181428\/1731953668-graph-solana-and-eth_v2.jpg\"><a href=\"https:\/\/cryptonews.com\/news\/solana-overtakes-ethereum-as-top-chain-on-nansen-raydium-rakes-in-record-fees\/\" rel=\"\">Read More<\/a><\/amp-story-page-outlink><\/amp-story-page><\/amp-story><\/body>","protected":false},"excerpt":{"rendered":"<p>Additionally, Solana-based DApps, such as Raydium and Jito, have set new records for fees generated in the past 24 hours.<\/p>\n","protected":false},"author":422,"featured_media":308927,"template":"","meta":{"_acf_changed":false,"web_stories_publisher_logo":138953,"web_stories_poster":[],"web_stories_products":[],"footnotes":""},"web_story_category":[],"web_story_tag":[],"class_list":["post-308920","web-story","type-web-story","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Solana Overtakes Ethereum as Top Chain on Nansen, Raydium Rakes in Record Fees - Cryptonews<\/title>\n<meta name=\"description\" content=\"Additionally, Solana-based DApps, such as Raydium and Jito, have set new records for fees generated in the past 24 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