Clash of clans is popular and makes a lot of money.
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How is era generating a ton of money for Graal not an achievement? I mean sure you may not like p2w, but server upkeep has to be payed for in someway.
No, it actually doesn't mean both. However if an app is earning a ton of money it suggests that the app is popular. But no, most popular ≠ top grossing
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More players =better chance theyll buy something
better chance theyll buy something=top grossing
Top grossing=more players and money
more players and money= better staff, updates, and players
better staff,updates, and players=more popular