Solana's daily active validators have fallen below 800, a decrease of over 65% from its peak in 2023.

According to Odaily Odaily, the number of daily active validators on Solana has fallen below 800, returning to 2021 levels. This represents a decline of over 65% from the peak of approximately 2,500 validators at the beginning of 2023. Validator voting transactions have decreased from approximately 300,000 per day to 170,000, a drop of 40%. The primary reason for this validator exodus is changing economics, including the diminishing returns to voting costs provided by the Solana Foundation Delegation Program and the staking matching policy over time. Despite the shrinking number of validators, non-voting transactions such as user-initiated DApp interactions and token transfers remain stable at approximately 100 million per day.