Solana's bearish news has arrived 🪶

The number of active validators in Solana has plummeted by 68% from 2500 three years ago to 800,

and this month, two more have exited due to losing money each epoch (block cycle).

Now, running a validator node requires a staking deposit of 17 million dollars,

JPMorgan and State Street are looking good in the headlines,

but validators are losing money with every block they validate.

If it drops to 750, the network structure will collapse, triggering a major short.

Even bright headlines from JPM can't save the underlying,

dropping to 750 = structural short alert

Is decentralization in danger?

Lastly, my personal understanding:

Low validator numbers are indeed a bearish signal, so just watch the validator ratio to gauge the market.

Don't go all in, don't go all in.

#Solana #CryptoRisk