Solana 在市場復甦、監管批准和網路增強中飆升

市場復甦後，由於網路升級、比特幣 ETF 在香港獲得批准以及比特幣減半的預期等積極發展，Solana (SOL) 的價格飆升。儘管取得了這些收益，Solana 的鏈上指標仍然看跌，顯示拋售壓力持續存在。

Solana's Resurgence Amidst Broader Market Recovery

Solana 在更廣泛的市場復甦中復甦

Hong Kong's Regulatory Greenlight and Network Enhancements Drive Solana's Ascent

香港的監管綠燈和網路增強推動 Solana 的崛起

Solana's price has witnessed a significant resurgence, buoyed by a robust recovery in the cryptocurrency market. This rebound follows a prolonged period of bearishness, triggered by Iran's drone attack on Israel over the weekend. However, a recent network upgrade on the SOL blockchain, coupled with the approval of spot Bitcoin and Ether exchange-traded funds (ETFs) by the Hong Kong regulatory body, has propelled Solana to regain buying dominance.

在加密貨幣市場強勁復甦的推動下，Solana 的價格大幅回升。這次反彈是在伊朗週末對以色列發動無人機襲擊引發的長期看跌之後出現的。然而，最近 SOL 區塊鏈的網路升級，加上香港監管機構批准現貨比特幣和以太幣交易所交易基金 (ETF)，推動 Solana 重新佔據購買主導地位。

Green Lights for Spot Bitcoin ETFs Spur Market Confidence

現貨比特幣 ETF 的開綠燈刺激了市場信心

A key factor fueling Solana's recovery is the recent regulatory approval of spot Bitcoin ETFs in Hong Kong. This follows the green light given to nine spot Bitcoin ETFs in the United States on January 11. These approvals have boosted investor confidence, reflecting optimism that they could attract institutional investors and pave the way for ETF approvals for other cryptocurrencies, such as Solana.

推動 Solana 復甦的關鍵因素是香港監管機構最近批准現貨比特幣 ETF。此前，美國於1 月11 日批准了9 只現貨比特幣ETF。樂觀情緒。

Solana Network Upgrade Addresses Congestion Concerns

Solana 網路升級解決壅塞問題

Further contributing to Solana's resurgence is a recent network upgrade focused on addressing the blockchain's persistent congestion problems. In March, the SOL blockchain experienced a 75% transaction failure rate, primarily due to an influx of memecoin launches and increased user activity. Transaction volumes surged to $4 billion, far exceeding the daily average of $500 million observed in 2023. The latest update, version 1.17.31, represents the first in a series of planned upgrades aimed at alleviating Solana's network congestion. As a result, Solana-based memecoins, such as WIF, BONK, and MEW, have witnessed a surge in value over the past 24 hours.

最近的網路升級進一步促進了 Solana 的復興，該升級的重點是解決區塊鏈持續存在的擁塞問題。 3 月份，SOL 區塊鏈的交易失敗率高達 75%，這主要是由於 memecoin 的大量發行和用戶活動的增加。交易量激增至 40 億美元，遠遠超過 2023 年觀察到的日均 5 億美元。因此，基於 Solana 的 memecoin，例如 WIF、BONK 和 MEW，在過去 24 小時內價值飆升。

On-Chain Metrics Remain Bearish Despite Price Surge

儘管價格飆升，鏈上指標仍看跌

Despite Solana's price surge, its on-chain metrics continue to reflect bearish sentiment. Total fees on the network have declined and recently dipped below the $1 million mark. Additionally, the total value moved on-chain has decreased by $3 billion, as open interest in the SOL network has continued to decline over the past week.

儘管 Solana 的價格飆升，但其鏈上指標繼續反映看跌情緒。網路總費用有所下降，最近跌破 100 萬美元大關。此外，由於 SOL 網路的未平倉合約在過去一周持續下降，鏈上轉移的總價值減少了 30 億美元。

Technical Analysis Points to Potential Short-Term Volatility

技術分析指出潛在的短期波動

Technical analysis of Solana's price action reveals a recent recovery from a low of $125, fueled by bullish news that triggered a surge in buying interest. As a result, SOL's price broke above several Fibonacci levels and regained the $150 mark. At the time of writing, SOL trades at $147.5, representing a gain of over 7% over the past 24 hours.

對 Solana 價格走勢的技術分析顯示，在利好消息引發購買興趣激增的推動下，Solana 價格近期從 125 美元的低點回升。結果，SOL 的價格突破了幾個斐波那契水平並重新回到 150 美元大關。截至撰寫本文時，SOL 交易價格為 147.5 美元，過去 24 小時內漲幅超過 7%。

Buyers are currently attempting to push the price above the EMA20 trend line; however, if SOL fails to hold above $150, it could trigger a short-term sell-off. Resistance at the $150 level remains strong, further complicating the price action.

買家目前正試圖將價格推至 EMA20 趨勢線上方；然而，如果 SOL 未能守住 150 美元上方，可能會引發短期拋售。 150 美元水準的阻力仍然強勁，使價格走勢更加複雜。

Both moving averages are trending downward, and the Relative Strength Index (RSI) is hovering below the midline, indicating a bearish bias. A sharp downturn and a close below the support line of $125 for the SOL/USDT pair could result in a strong defensive response from buyers, potentially leading to a rebound.

兩條移動平均線均呈下降趨勢，相對強弱指數（RSI）徘徊在中線下方，顯示看跌傾向。 SOL/USDT 貨幣對的急劇下跌和收盤價低於 125 美元的支撐線可能會導致買家強烈的防禦反應，從而可能導致反彈。

However, a drop below $125 could drag SOL's price towards the $100 mark. To prevent such a decline, buyers must hold the price above $160 and initiate a retest of the descending resistance line.

然而，跌破 125 美元可能會將 SOL 的價格拖向 100 美元大關。為了防止這種下跌，買家必須將價格維持在 160 美元以上，並重新測試下行阻力線。