Here's What to Expect From Solana as Daily Transactions Fall Ahead of ETF Deadline

Solana's daily transactions have sharply declined from a peak of 125 million in July 2025 to approximately 64 million, indicating a nearly 50% drop. This decline occurs as the anticipated ETF approval deadline approaches, which is expected to affect price movements. Analysts suggest that decreased retail activity and capital flow toward competing networks like BNB Chain contribute to this transaction downturn. Additionally, there's a noted friction in validator performance and user experience, which could exacerbate the decline. Although the SEC is set to confirm ETF filings for Solana, industry experts, including Shivam Thakral from BuyUcoin, speculate the token's price may align more closely with Bitcoin's trajectory moving forward, implying it may not experience independent growth without broader market catalysts. Furthermore, JPMorgan analysts have cautioned that new Solana ETFs might encounter challenges attracting significant investor inflows due to general market fatigue and a preference for Ethereum over Solana.

Source 🔗