Solana's revenue data this time is indeed impressive, with $91 million leading by a large margin, but it's quite surprising that Hyperliquid managed to reach second place.

SOL4.51%
HYPE9.47%
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CoinNetwork
CryptoWorld News reports that, according to Defillama data, in the application revenue rankings of public chains in May 2025, Solana ranked first with $91 million, Hyperliquid L1 ranked second with $5.3 million, Ethereum ranked third with $5.2 million, and Polygon and Base ranked fourth and fifth with $2.6 million and $2.3 million respectively.
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