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By 2025, with institutional funds withdrawing, Solana lost 97% of traders
Solana network activity has collapsed by 97% from its peak in November 2024, retail investors continue to buy in, while institutional wallets are exiting. This cryptocurrency reached a historic high of $296 in November 2024 but has since fallen nearly 58%, with on-chain data revealing a clear divergence between wallet sizes and trading behaviors.
What happened: Institutional exit
Crypto trader Ardi revealed that since Solana peaked in November, buying pressure has mainly come from retail-sized wallets, with purchase amo

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