Solana's application revenue in Q3 2026 grew 48% quarter-over-quarter to $299.1 million.

PANews October 17 news, according to Blockworks data, Solana's core financial indicators rebounded across the board in the third quarter. Application revenue grew 48% quarter-over-quarter to $299.1 million, hitting a new high since the third quarter of 2025; tokenized stock quarterly trading volume reached a record $7.1 billion, with September alone reaching a historical peak of $4.4 billion. Spot DEX trading volume was $197.2 billion, accounting for 36% of cross-chain spot trading volume, maintaining above 30% for the ninth consecutive quarter. On-chain processed transaction volume hit a record 14.2 billion this quarter, approximately 1,790 per second.

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