CoinEx community data revealed that the number of active validators in $SOL has significantly decreased from over 2500 in March 2023 to around 800 today - a drop of nearly 68% - sparking intense debate within the ecosystem. While some stakeholders claim that this decline largely reflects the removal of Sybil and low-quality nodes, many infrastructure providers have reported that several departing operators were legitimate entities forced to exit due to rising hardware, bandwidth, and operational costs that now exceed staking rewards for smaller players. The actual impact on the network's decentralization remains unclear and will depend on the extent of independent stake concentration and voting power among the remaining validators.
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