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Solana activity craters 80% in three months as traders flee to perpetual platforms
Solana on-chain activity has dropped 80% in three months as traders migrate to Hyperliquid, pushing DApp revenue to an 18-month low of $22 million.
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Solana activity craters 80% in three months as traders flee to perpetual platforms
Solana on-chain activity has dropped 80% in three months as traders migrate to Hyperliquid, pushing DApp revenue to an 18-month low of $22 million.
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Solana developer activity remains strong despite 29% drop in active developers since May 2025 peak
Solana's active developers dropped 29% from May 2025 peak, but retention rates above 70% and 23% global developer share signal ecosystem resilience.