隨著市場轉向Bloodbath

隨著市場變成血液的變化，由Memecoins提供支持的去年不可阻擋的加密貨幣現在正在遭受自己的流血事件。

Last year saw the cryptocurrency markets turn into a bloodbath as the unstoppable cryptocurrency, powered by memecoins, is now suffering its own bloodshed.

去年，加密貨幣市場變成了血液，因為由Memecoins提供支持的不可阻擋的加密貨幣現在正在遭受自己的流血事件。

According to reports, Solana's chain revenue has declined by more than 90% from its January highs, returning to levels last seen in September 2024.

據報導，索拉納的連鎖收入比1月的高點下降了90％以上，恢復到2024年9月的最後水平。

Averaging a mere $4 million in weekly revenue over the last two weeks, its earnings pale in comparison to the $38.5 million per week at mid-January. However, despite these setbacks, Solana’s current revenue remains higher than in late summer 2024. Back then, weekly earnings dipped below $2 million between August and September.

在過去的兩周中，平均每週收入僅為400萬美元，與1月中旬的每週3850萬美元相比，其收入蒼白。然而，儘管有這些挫折，但索拉納的當前收入仍然比2024年末的收入更高。當時，在八月至9月期間，每週的收益下降到200萬美元以下。

The sharp decrease is a result of a significant reduction in transaction fees accrued on the network. Currently, Solana is generating around $8 million in fees per week, marking the lowest weekly fee period since September.

急劇下降是由於網絡上積累的交易費用顯著降低的結​​果。目前，Solana每週產生約800萬美元的費用，標誌著自9月以來的每週費用最低。

Total Value Locked (TVL) on Solana has also shrunk by nearly 50%, from over $12 billion in January to approximately $6.4 billion today.

Solana上的總價值鎖定（TVL）也縮水了近50％，從1月的120億美元到今天的64億美元。

This decline has been exacerbated by the collapse of several high-profile memecoins, including TRUMP, LIBRA, MELANIA, and ENRON. Memecoin trading, which largely takes place on the Pump.fun platform, accounted for roughly 80% of Solana’s revenues at its peak.

包括特朗普，天秤座，梅拉尼亞和安然在內的幾個備受矚目的成員的崩潰，這種下降加劇了這種下降。 Memecoin Trading在很大程度上發生在Pump.Fun平台上，大約佔Solana收入達到頂峰的80％。

Pump.fun’s daily revenue has fallen 95%, from a high of $15 million in late January to as low as $107,000 this month.

Pump.Fun的每日收入下降了95％，從1月下旬的1500萬美元高至本月低至107,000美元。

After reaching a peak market capitalization of $137 billion in December, the memecoin sector has lost 68% of its value, now standing at $44 billion.

在12月達到1370億美元的高峰市值之後，該紀念行業損失了其價值的68％，現在為440億美元。

Broader market conditions have also played a role in the downturn. Bitcoin has decreased nearly 30% from its all-time high of $109,000, dipping below $80,000.

更廣泛的市場狀況在低迷中也發揮了作用。比特幣的歷史最高額為109,000美元，下降了近30％，下降到80,000美元以下。

Solana's token, SOL, has also sustained a significant setback. Since attaining a record high of $295 on January 19, SOL has tumbled by 60%, now valued at around $120.

Solana的代幣Sol也遭受了重大挫折。自1月19日達到創紀錄的295美元以來，SOL已下跌60％，現在價值約120美元。

0xBreadGuy, a contributor to MegaEth, explained that traders were engrossed in the excitement of portfolio gains but neglected to consider the increasing sophistication of market manipulators in the Solana Virtual Machine (SVM) ecosystem.

0 Xbreadguy是Megaeth的貢獻者，他解釋說，交易者全神貫注於投資組合收益的興奮，但被忽略考慮了Solana Virtual Machine（SVM）生態系統中市場操縱器的越來越複雜。

"People were drunk on portfolio screenshots to the point that they ignored the maturation of the extractoor class on SVM-memes, but the illusion is gone after MELANIA/LIBRA, and with it went market appetite for risk," he stated.

他說：“人們在投資組合的屏幕截圖上喝醉了，以至於他們忽略了SVM-Memes上的Extractoor類的成熟，但這種幻覺是在Melania/Libra之後消失的，並且隨著它的興趣，人們對風險有市場的興趣。”