由於市場範圍內的拋售、TVL 的減少和鏈上活動對價格造成壓力，SOL 每週下跌 9%

Solana 的原生代幣 SOL 在過去一周下跌了 9%，光是 12 月 19 日就下跌了 3%。截至今天，SOL 的交易價格為 210 美元，比其股價低 20%

Solana's native token, SOL, experienced a 9% decrease in value over the past week, with a 3% drop on December 19 alone. At the time of writing, SOL trades at $210, which is 20% lower than its all-time high of $264, reached on November 24. This downturn in SOL's price can be attributed to several factors, including market-wide sell-offs, declining total value locked (TVL), and reduced on-chain activity.

Solana 的原生代幣 SOL 的價值在過去一周下跌了 9%，光是 12 月 19 日就下跌了 3%。截至本文撰寫時，SOL 的交易價格為 210 美元，比 11 月 24 日達到的歷史高點 264 美元低了 20%。總價值（TVL）下降，鏈上活動減少。

Solana's price has been heavily influenced by the broader cryptocurrency market sell-offs, which were triggered by Federal Reserve Chair Jerome Powell's hawkish comments on the 2025 economic outlook. As a result of these statements, Bitcoin (BTC) saw a 2.7% decrease in its price, while Ethereum (ETH) dropped by 4.6%, indicating a general bearish sentiment in the market.

Solana 的價格受到更廣泛的加密貨幣市場拋售的嚴重影響，這是由聯準會主席鮑威爾對 2025 年經濟前景的鷹派評論引發的。由於這些聲明，比特幣 (BTC) 價格下跌 2.7%，而以太幣 (ETH) 價格下跌 4.6%，顯示市場普遍看跌情緒。

The Federal Reserve decided to cut rates by 25 basis points, but Powell's statements following the announcement revised the 2025 inflation outlook to 2.5%, indicating that there will be limited further rate cuts. This led to a 3.8% decrease in the total crypto market cap over 24 hours, with the market cap now resting at $3.53 trillion.

聯準會決定降息25個基點，但鮑威爾在宣布降息後的聲明中將2025年通膨前景修正為2.5%，顯示進一步降息的幅度有限。這導致加密貨幣總市值在 24 小時內下跌 3.8%，目前市值為 3.53 兆美元。

Solana's total value locked (TVL) also saw a decrease of 4.5% over the last seven days. According to data from DeFiLlama, the TVL dropped from $9.37 billion on December 12 to $8.9 billion. This decline can be observed in the decreasing TVL of layer 2 protocols like Jito and Sanctum, which indicates a diminishing interest in Solana-based decentralized finance (DeFi) applications.

Solana 的總鎖定價值 (TVL) 在過去 7 天內也下降了 4.5%。根據 DeFiLlama 的數據，TVL 從 12 月 12 日的 93.7 億美元下降至 89 億美元。這種下降可以從 Jito 和 Sanctum 等第 2 層協議的 TVL 下降中觀察到，這表明人們對基於 Solana 的去中心化金融 (DeFi) 應用程式的興趣逐漸減弱。

The decline in TVL is also reflected in the decreasing SOL price, with technical analysis suggesting that this trend could continue. On-chain data from Dune shows a drastic reduction in daily transactions on Solana's network, which have nearly halved since November 20. Additionally, daily revenues also fell from a year-to-date high of 55,832 SOL ($12 million) on November 23 to 5,391 SOL ($1.13 million) on December 18.

TVL 的下降也反映在 SOL 價格的下降上，技術分析表明這種趨勢可能會持續下去。 Dune 的鏈上數據顯示，Solana 網路的每日交易量大幅減少，自11 月20 日以來幾乎減少了一半。 ）下降至12 月 18 日，5,391 SOL（113 萬美元）。

Solana's price action on the daily timeframe shows an inverted V-shape pattern. Resistance can be found at the $215–$230 supply zone, while the Relative Strength Index (RSI) below 50 indicates seller dominance. Immediate support lies between $190 and $200, which is reinforced by the 100-day and 200-day exponential moving averages (EMAs). A close below $190 could push SOL toward the $150 level.

Solana 的每日時間範圍內的價格走勢呈現倒 V 形模式。阻力位在 215-230 美元的供應區域，而相對強弱指數 (RSI) 低於 50 則表示賣方佔據主導地位。直接支撐位於 190 至 200 美元之間，100 日和 200 日指數移動平均線 (EMA) 強化了該支撐位。收盤價低於 190 美元可能會將 SOL 推向 150 美元的水平。

On the other hand, holding above $200 could invalidate the bearish outlook. Some optimistic analysts, like Jelle, anticipate a breakout, considering Solana's formation of a falling wedge and higher lows on lower timeframes. "Still believe this one is back in price discovery before Christmas. Bring on $300,” Jelle noted on December 18.

另一方面，維持在 200 美元上方可能會使看跌前景失效。考慮到 Solana 形成的下降楔形以及較短時間範圍內較高的低點，一些樂觀的分析師（例如 Jelle）預計會出現突破。 Jelle 在 12 月 18 日指出：“仍然相信這款產品會在聖誕節前重新出現價格發現。請購買 300 美元。”

These trends present significant challenges for Solana, including declining TVL, suppressed on-chain activity, and stiff market resistance at crucial levels. However, the community's resilience and potential recovery in broader market conditions may support SOL's price rebound, according to Cointelegraph.

這些趨勢為 Solana 帶來了重大挑戰，包括 TVL 下降、鏈上活動受到抑制以及關鍵水平上的強勁市場阻力。然而，根據 Cointelegraph 報導，社區的韌性和更廣泛市場條件下的潛在復甦可能會支持 SOL 的價格反彈。