Solana Validator Count Drops 68% in 3 Years, Raising Network Health Concerns

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Solana’s network activity has raised concerns as validator count fell 68% in three years, from 2,500 to 800 by 2025, per Criptonocias. Some say inactive nodes were pruned, but others warn of centralization risks. Network metrics from Glassnode show a 30-day average realized P/L ratio below 1, signaling weak on-chain sentiment.
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