$SOL - Application fees total 193.1 million USDT over the past 30 days

Castle Labs data shows the figure is nearly twice Hyperliquid's 30‑day revenue
Real‑world asset volume on Solana climbed from roughly 700 million to 4.37 billion USDT
Growth is spreading beyond meme‑coin activity

The rise points to expanding institutional interest in tokenized assets on Solana, though the longevity of this trend is still uncertain.

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