PANews reported on January 28th that, according to The Block, Solana's daily number of validators has dropped below 800, the lowest level since 2021, a significant decrease compared to the peak of approximately 2,500 validators in early 2023. This means that the number of validators has decreased by more than 65% in less than three years.

Validator nodes are independent nodes running the Solana software, used to validate transactions and generate blocks. The decrease in the number of validator nodes has directly impacted voting transactions; the number of transactions submitted by validator nodes to confirm blocks has decreased from approximately 300,000 per day to 170,000. Despite the reduction in the number of validator nodes, non-voting transactions have remained relatively stable at approximately 100 million per day.