Solana’s applications pulled in about $6.56 million in revenue over a 24-hour window, according to recent ranking data. That is more than twice the roughly $3.22 million recorded by Robinhood Chain in the same period. The gap puts Solana at the top of the measured group and adds another data point to the network’s activity levels.
How the rankings look
BSC came in second with about $3.26 million. Robinhood Chain followed at about $3.22 million, which means Solana’s app revenue was slightly above double that figure. Hyperliquid L1 generated around $1.94 million, ahead of Ethereum at roughly $1.59 million. Base did not appear among the five biggest networks in this snapshot.
These numbers measure app revenue, not token price. They can still matter because they show where users and fees are showing up. Solana has often ranked well on this kind of metric, but the Robinhood Chain comparison is notable. Robinhood has a large retail user base, so any on-chain activity tied to its brand tends to draw attention. For now, at least, Solana’s app layer is producing more revenue in the period tracked.
$SOL recovers from June low
The revenue report lands as $SOL works on a recovery. The token fell to about $62 in June, then climbed back. It is trading near $104.40 at the time of writing. In August, $SOL broke out of a long $74 to $78 range and moved through several major moving averages. That move changed the technical picture, though it also pushed momentum to overbought levels for a while.
The RSI has since cooled to about 63. Trading volume is lower than during the August spike. $SOL has settled mostly between $100 and $108. A breakout above $108 to $110 could open the door to $116, and perhaps $120. On the downside, $100 is the first psychological support. The rising 20-day average sits near $97, while the 200-day average is close to $91.38. The 50-day and 100-day averages cluster around $86, which gives the current price some support underneath.
What the revenue figure does not prove
A strong app-revenue day does not guarantee a higher token price. App revenue and token valuation measure different things. Still, $6.56 million in one day is a useful sign of economic activity. It comes at a time when $SOL is trying to hold above $100 and build a sustained recovery. If app usage stays firm, it may help sentiment. If the price loses $100, the technical setup could weaken even if revenue remains solid. For now, Solana has both a revenue lead over Robinhood Chain and a token that is trading well above its June low.
