Solana token holder net income holds above $400K for two weeks

Solana’s token holders are getting paid again. According to analytics from Blockworks, daily token holder net income on the network has stayed above $400,000 for two straight weeks. That streak follows three weeks of decline. What the number actually measures Blockworks starts with a metric called Real Economic Value, or REV. It captures what users pay to use the network, including transaction fees and tips. From there, Blockworks subtracts operator payments, meaning the costs tied to validators and the operators who run the network’s infrastructure. The formula is simple: Token Holder Net Income = REV minus Operator Payments. What’s left is the return flowing to SOL holders, both those who stake their tokens and those who don’t. The quarterly picture is messier Zoom out, and the story gets less tidy. Blockworks’ quarterly figures show just how much Solana’s holder economics can swing. During strong stretches of network activity in 2025, quarterly token holder income landed somewhere between $50 million and $100 million. Q2 2026 looked very different. Token holder income for that quarter came in at approximately -$3.5 million, according to Blockworks data. Why Blockworks’ framing m...