🔥 $SOL Alert: Validator count dips below 800—a level not seen since 2021.
From a peak of ~2,500 validators in early 2023, $SOL has seen a 65%+ drop as smaller operators exit due to fading Foundation subsidies and rising vote costs.
📉 Daily vote transactions (essential for block validation) have plunged 40%, from ~300K to ~170K. Many validators can’t cover fees + infra costs without enough delegated stake or revenue.
💥 Meanwhile, non-vote activity remains strong at ~100M tx/day, driven by memecoins and DeFi.
This raises a key debate:
Is $SOL
evolving into a leaner, more efficient network, or risking stake concentration and decentralization?
The network is proving resilient in transactions but squeezed at the validator level—a critical dynamic for long-term health.
#Solana #Crypto #DeFi #Validators #Decentralization #CryptoEconomics #SOL #BTC