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Solana Network Activity Plummets 97% in Q4 2025, SOL Price Drops to $120

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SOL
$123.601.13%
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Solana network activity nosedived 97% in Q4 2025, with monthly active traders falling from over 30 million to under 1 million. The drop pushed SOL price down to $120 from nearly $300. Memecoin-driven traffic initially spiked activity, but a 90% decline followed. Solana’s annual revenue hit $502 million, far behind Ethereum’s $1.4 billion. Analysts are split, with Fundstrat forecasting a possible $50–$75 drop in early 2026, while others see a 15% rise from leveraged short liquidity. Altcoins to watch may shift focus as Solana struggles to regain momentum.
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