Solana Validators Earned $25M+ in Fees from TRUMP and MELANIA Memecoins.

Solana Validators Earn $25.8M in Fees Amid TRUMP and MELANIA Token Frenzy

Solana validators recorded a surge in earnings, receiving over 100,000 SOL (approximately $25.8 million) in fees and tips due to heightened trading activity in the TRUMP and MELANIA tokens.

The peak occurred on Jan. 20, when validators earned more than 87,000 SOL, fueled initially by the rally in the TRUMP token and later by MELANIA’s trading volume. The intense activity led to 24.7 million transaction bundles, reflecting the high demand to ensure transaction success.

Of the 4.5 million daily active users on Solana, 1.5 million were identified as unique tippers, highlighting strong interest in token sniping on platforms like Meteora and Orca.

Transaction bundles on Solana are collections of multiple transactions grouped together and submitted to validators for processing. Tippers, often users or bots, attach additional fees (or tips) to their transactions to incentivize validators to prioritize their inclusion in the blockchain.

The trading frenzy also temporarily boosted passive income for Solana stakers to an annualized yield of 7.14%, while network inflation fell below 5%. As of Wednesday morning, TRUMP was trading at $42, up 25% in the past 24 hours, while MELANIA saw slight losses, trading at $4.

The significant validator earnings underscore the impact of memecoin trading on network activity and its ability to generate substantial rewards for the ecosystem’s participants.