$SOL Solanaâs network activity is crashing hard â daily transactions have dropped nearly 50% from Julyâs peak (125M â 64M), right as the final Solana ETF decision hits this week. đł
Analysts say the drop isnât just random:
đ Retail hype is cooling off.
đ Some capital is flowing into BNB Chain (yes, thatâs interesting đ).
đ Validator performance + UX friction are adding pressure.
But hereâs the twistâŠ
đč ETF analysts (including Eric Balchunas) are âalmost certainâ the Solana ETF will be approved.
đč Bitwise just cut ETF fees to 0.20% â a power move to attract inflows.
đč Yet, experts warn Solana wonât move alone â it might still follow Bitcoinâs lead.
So the question is â
đ Is this just a calm before an ETF-fueled breakout?
đ Or are whales quietly exiting before the news drops?
đ Drop your thoughts â are you buying the dip or waiting for confirmation?