The collapse of Solana traders after the meme coin madness
The total number of Solana traders decreased by {87\%} from the peak of 4.8 million active wallets in January 2025 to only 624,000 wallets.
This collapse occurred as a result of the "boom and bust" cycle in the meme coin market on Solana. After a massive wave of speculation (due to the ease of creating tokens and low fees),
it was followed by a flood of issues, the most prominent of which are:
• Scams and "Rug Pulls."
• Massive losses for most individual traders.
These factors led to a mass exit from the market, which explains the sharp decline in trader numbers.
One of its coins is $BERA
In my personal opinion, the feeling is extremely frustrating, but honestly, it will recover because this coin is unique in Layer 1 and has a direct relationship with Solana. I thought it wouldn’t drop to this level for the first time.
What are your opinions about the coin?
