GMGN Earns $60M in SOL, Powers Solana Growth
GMGN earns $60M in SOL fees, stakes all to support Solana. Transaction speed hits 0.58 seconds.GMGN Stakes $60M to Boost SolanaSolana’s Speed Keeps ClimbingConfidence in the Ecosystem
- GMGN has earned $60M in SOL from transaction fees
- All earnings are staked, not sold, to support Solana
- Solana transaction time now averages just 0.58 seconds
GMGN Stakes $60M to Boost Solana
Haze, co-founder of the meme-based tool GMGN, revealed that the platform has earned approximately $60 million in SOL through transaction fees. What’s remarkable is that not a single token has been sold. Instead, GMGN has staked all of its SOL earnings—showing a strong commitment to the Solana ecosystem.
This strategic move strengthens Solana by increasing network stability and decentralization. Staking helps secure the network and supports validators, which is crucial as Solana continues to scale and compete with other Layer 1 blockchains.
Solana’s Speed Keeps Climbing
In addition to the staking news, Haze highlighted that GMGN has helped push Solana’s transaction time to an impressive 0.58 seconds. This is a standout figure in the blockchain world, where speed often makes or breaks user experience.
Solana is already known for its high throughput and low latency. Reaching sub-second transaction finality makes it even more attractive for decentralized apps (dApps), meme tokens, and high-frequency DeFi platforms.
Confidence in the Ecosystem
GMGN’s approach reflects a deep belief in Solana’s future. Rather than taking profits, the team is reinvesting into the chain—helping to strengthen it at a foundational level. This not only benefits GMGN users but also the broader Solana community.
As more developers and platforms follow suit, staking could become a new standard for showing ecosystem loyalty. In a time when many projects are focused on quick gains, GMGN’s long-term vision sends a bullish signal for Solana believers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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