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According to a research report by Castle Labs, the on chain RWA scale of Solana has increased from $700 million to $4.3 billion in the past year, while the RWA scale of Ethereum has increased from $15.5 billion to $16.6 billion during the same period. The proportion of Solana RWA scale equivalent to Ethereum has increased from approximately 4.5% to 26%. Solana's application revenue in the past 30 days reached $193.1 million, ranking first among all chains, about twice that of second place Hyperliquid ($86.5 million), followed by Ethereum ($53.8 million) and Robinhood Chain ($34.6 million), with about 80% coming from consumer applications such as launch platforms and trading terminals.