CryptoSlate
Solana generated more user fees than Ethereum in DefiLlama's Sept. 22 dashboard snapshot, pulling in about $1.10 million in 24-hour chain fees against Ethereum's $649,423. The burn picture ran the other way: Ethereum reported $226,298 in burns over the same window versus Solana's $117,138. Over longer windows, Solana led on fees with $5.93 million over seven days and $23.58 million over 30 days, while Ethereum's reported burns stayed narrowly ahead at $761,849 (7-day) and $2.80 million (30-day) versus Solana's $698,884 and $2.66 million.
Why it matters
The split illustrates that user spending does not reach every participant the same way. Solana splits its 5,000-lamport base fee evenly between burning and the block-producing validator, and validators keep all priority fees, so a rise in priority fees lifts validator receipts without touching the burn. Ethereum burns execution base fees and blob fees while priority tips go to validators. Two similar totals for user spending can therefore affect supply differently depending on fee composition.
DefiLlama's adapters estimate parts of these burns rather than fully reconciling them, and Ethereum's data includes blob fees sourced separately from Dune. The comparison applies to displayed aggregates, with synchronization limits and slightly different figures across shared tables.
Market impact
Application activity leaned heavily toward Solana: $7.7 million in 24-hour app revenue versus $1.9 million on Ethereum, with app fees at $18.2 million and $8.5 million respectively. Valuation changes the framing too. The same snapshots showed a $335 billion market cap for ETH against $69 billion for SOL, so nearly comparable 30-day burns represent a larger fraction of Solana's market capitalization.
Neither table establishes a net supply advantage. Ethereum's net supply depends on both issuance and burn, Solana's SGP-0002 proposal to double annual disinflation depends on SIMD-0550 acceptance, and a matched-period account of tokens issued and burned is the missing evidence for any return claim.
Frequently asked questions
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How much did Solana and Ethereum each earn in fees on Sept. 22?
DefiLlama's snapshot showed Solana at about $1.10 million in 24-hour chain fees versus Ethereum's $649,423. Over 30 days the gap widened to $23.58 million for Solana against $12.04 million for Ethereum.
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Why did Ethereum burn more fees than Solana despite lower total fees?
Ethereum burns its execution base fees and blob fees, while priority tips go to validators. Solana splits its 5,000-lamport base fee evenly between burning and the block-producing validator, and validators keep all priority fees, so higher total fees can coexist with a smaller burn.
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Do reported chain burns mean the total supply is falling?
No. Burning reduces supply relative to what it would otherwise have been, but it does not by itself establish that total supply is falling. Net supply depends on issuance as well as burns, and the snapshot did not include matched-period issuance for either network.
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How does market cap change the fee and burn comparison?
The same snapshots showed ETH at a $335 billion market cap versus $69 billion for SOL. Nearly comparable 30-day reported burns of $2.80 million and $2.66 million therefore represent a larger fraction of Solana's displayed market capitalization.
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Do rising chain fees automatically pay Solana holders?
No. A passive holder receives no validator payment when chain fees rise. Stakers receive rewards through validators, whose commissions and choices determine the payout, and Jito's July 2025 upgrade additionally lets validators distribute priority fees to their stakers.
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