Solana 兌 ETH 創下歷史新高，從 SOL 價格預計這一點

Solana 在 11 月 18 日星期一兌以太坊交易時創下歷史新高，達到 0.079770。

Solana (SOL) has rallied nearly 70% against Ethereum (ETH) in 2024. The native token of the smart contract blockchain has emerged as a strong contender against Ether, even as its market capitalization is nearly a third of Ethereum.

2024 年，Solana (SOL) 相對於以太坊 (ETH) 上漲了近 70%。

The ongoing debate in terms of Solana (SOL) overtaking Ethereum (ETH) is backed by bullish on-chain metrics, SOL’s dominance in decentralized exchange metrics, volume and protocol revenue.

關於 Solana (SOL) 超越以太坊 (ETH) 的持續爭論得到了看漲的鏈上指標的支持，SOL 在去中心化交易所指標、交易量和協議收入方面佔據主導地位。

Solana hit an all-time high against Ethereum on Monday, November 18, when SOL/ETH climbed to 0.07977.

Solana 兌以太坊於 11 月 18 日星期一創下歷史新高，當時 SOL/ETH 攀升至 0.07977。

Solana’s protocol fees, a small percentage of the transaction value that is collected to maintain and facilitate trade on the blockchain, is nearly two times that of Ethereum, in November 2024.

2024 年 11 月，Solana 的協議費用（為維護和促進區塊鏈交易而收取的交易價值的一小部分）幾乎是以太坊的兩倍。

While the monthly data is incomplete, available figures suggest Solana has collected $343.96 million in protocol fees, against Ethereum’s $178.65, as of Tuesday, November 19. For a blockchain, once liquidity providers are paid, protocol fees adds to the project’s revenue.

雖然月度數據不完整，但現有數據顯示，截至11 月19 日星期二，Solana 已收取3.4396 億美元的協議費用，而以太坊為178.65 美元。費用，協議費用就會增加項目的收入。

The metric therefore suggests higher revenue for Solana, compared to Ethereum, in October and November 2024.

因此，該指標表明，與以太坊相比，Solana 在 2024 年 10 月和 11 月的收入更高。

Another key metric is the transaction volume on decentralized exchange platforms, or DEXes. In case of Solana, DEX volume is nearly two times that of Ethereum in November. In October, SOL ranked higher in DEX volume, however by a relatively smaller margin.

另一個關鍵指標是去中心化交易平台（DEX）上的交易量。以 Solana 為例，11 月 DEX 交易量幾乎是以太坊的兩倍。 10 月份，SOL 在 DEX 交易量中排名較高，但幅度相對較小。

Solana DEX volume is $77.51 billion against Ethereum’s $38.81 billion. For the month of October, Solana stood at $52.5 billion against Ethereum’s $41.4 billion.

Solana DEX 交易量為 775.1 億美元，而以太坊為 388.1 億美元。 10 月份，Solana 的價值為 525 億美元，而以太坊為 414 億美元。

Higher DEX volume translates to higher utility and adoption of one chain compared to the other. Solana has been preferred by traders on decentralized exchanges, likely due to the large volume of new projects on the launchpad Pump.fun, that are listed on DEXes like Raydium, post hitting a key threshold.

與另一條鏈相比，更高的 DEX 交易量意味著一條鏈的效用和採用率更高。 Solana 一直受到去中心化交易所交易者的青睞，這可能是因為在啟動平台 Pump.fun 上有大量新項目在達到關鍵門檻後在 Raydium 等 DEX 上上市。

Solana therefore emerges as a clear favorite among decentralized traders and platforms, per data from TheBlock.

因此，根據 TheBlock 的數據，Solana 明顯成為去中心化交易者和平台的最愛。

Ethereum dominates in circulating stablecoin supply and total value of cryptocurrencies (TVL) locked on the chain.

以太坊在流通穩定幣供應量和鏈上鎖定的加密貨幣（TVL）總價值方面佔據主導地位。

Solana struggles to compete with Ethereum in these metrics with a large difference, lagging behind as ETH benefits from its first-mover advantage. It is likely that with continued adoption and demand, Solana could overtake Ethereum in these metrics in the long-term.

Solana 在這些指標上難以與以太坊競爭，差異很大，而且由於 ETH 受益於其先發優勢，所以 Solana 落後了。隨著持續的採用和需求，從長遠來看，Solana 在這些指標上可能會超越以太坊。

Solana’s ecosystem is observing the addition of new stablecoins, likely to push the circulating stablecoin supply and TVL metric higher. Sky, a decentralized finance lending and borrowing protocol, formerly known as Maker has deployed its USDS stablecoin on Solana.

Solana 的生態系統正在觀察新穩定幣的添加，這可能會推高流通穩定幣供應量和 TVL 指標。 Sky 是一種去中心化金融借貸協議，以前稱為 Maker，已在 Solana 上部署了 USDS 穩定幣。

This marks the first DeFi-native stablecoin launch on Solana and this could increase the Ethereum competitor’s DeFi liquidity.

這標誌著 Solana 上首次推出 DeFi 原生穩定幣，這可能會增加以太坊競爭對手的 DeFi 流動性。

Solayer launched sUSD, a real-world asset-backed stablecoin on the Solana blockchain last week. The token derives its value from a diversified basket of low-risk assets, starting with U.S. Treasury bills, making it different from all other stablecoins.

Solayer 上週在 Solana 區塊鏈上推出了 sUSD，這是現實世界的資產支援穩定幣。該代幣的價值源自於多元化的低風險資產籃子，首先是美國國庫券，這使其與所有其他穩定幣不同。

Similar developments in the Solana network could help SOL overcome the network effect and the first mover advantage of Vitalik Buterin’s Ethereum blockchain, paving the way for a “flippening” in the future.

Solana 網路中的類似發展可以幫助 SOL 克服 Vitalik Buterin 的以太坊區塊鏈的網路效應和先發優勢，為未來的「翻轉」鋪平道路。

Solana-based meme coins crossed $22 billion in market capitalization, and 70% of the top 10 meme tokens have posted double-digit gains in the past seven days, CoinGecko data shows.

CoinGecko 數據顯示，基於 Solana 的 Meme 代幣市值突破 220 億美元，前 10 名 Meme 代幣中有 70% 在過去 7 天內實現了兩位數漲幅。

Solana’s rise against Ethereum has likely catalyzed gains in its ecosystem tokens, fueling meme coin rallies and pushing the overall market capitalization of the sector higher. This positively impacts crypto portfolios holding dog and cat-themed and politi-fi meme tokens, alongside Solana.

Solana 相對於以太坊的上漲可能促進了其生態系統代幣的上漲，推動了 meme 幣的反彈並推高了該行業的整體市值。這對持有狗和貓主題代幣、政治金融迷因代幣以及 Solana 的加密貨幣投資組合產生了積極影響。

Ethereum’s beta plays are the Layer 2 token ecosystem and Layer 3 projects, both the categories are struggling to gain traction in the ongoing cycle.

以太坊的測試版是第 2 層代幣生態系統和第 3 層項目，這兩個類別都在持續的周期中努力獲得吸引力。

Crypto traders holding staking, re-staking, Layer 2 and 3 tokens are likely to observe unrealized losses on their portfolio, as Ethereum struggles in the face of competition from alternatives like Solana.

持有質押、重新質押、第2 層和第3 層代幣的加密貨幣交易者可能會在其投資組合中觀察到未實現的損失，因為以太坊在面臨來自Solana 等替代品的競爭時陷入困境。

Solana hit a record-high when traded against Ethereum, at 0.079770 on Monday, November 18. The milestone is key for Solana, the SOL/USDT pair is less than 10% away from its previous all-time high at $259.90 from November 2021.

Solana 在11 月18 日星期一兌以太坊交易時創下歷史新高，達到0.079770。 10%。

The SOL/ETH pair shows scope for further gains and a re-test of the all-time high at 0.079770, a 5% rally from the current level. SOL is currently trading above the three exponential moving averages at the 10, 50 and 200-day, and has been in an upward trend for nearly five months now

SOL/ETH 貨幣對顯示進一步上漲的空間，並重新測試歷史高點 0.079770，較目前水準上漲 5%。 SOL目前交投於10日、50日和200日三個指數移動平均線上方，並且已連續近五個月處於上升趨勢