Ethereum and Solana both published their 2025 retrospectives, framing the year as a major milestone in their race to become the dominant blockchain for consumers and institutions. Ethereum emphasized its role as a secure, interoperable foundation, maintaining clear leadership in DeFi with over $99 billion in total value locked and strong traction in prediction markets, while benefiting from major upgrades such as Pectra and Fusaka that improved scalability and user experience.
Solana highlighted rapid ecosystem growth, posting record highs in app revenue, active wallets, and DEX activity despite a slowdown in memecoin volumes. App revenue reached $2.39 billion (+46% YoY), stablecoin supply doubled to $14.8 billion, and stablecoin transfers totaled $11.7 trillion. While direct comparisons are difficult due to architectural differences, Solana stressed its expanding user base and falling fees, while Ethereum pointed to rollup scalability and readiness for mass adoption heading into 2026.

