Solana（Sol）是苦難最大的山寨幣，原因不僅是市場

2025年2月被證明是SOL的價格（Solana的本地加密貨幣）的負數。

Solana (SOL) price has been on a downturn in February 2025, with a significant decline that may continue. Here's a closer look at the factors impacting SOL's price performance.

Solana（Sol）的價格在2025年2月一直處於低迷狀態，可能會持續下降。這是影響SOL價格績效的因素。

Solana's all-time high was $294 on January 19, coinciding with the launch of Trump's memecoin on the Solana blockchain. From $125 in September 2024, SOL's price surged rapidly, notching a +66% gain in 18 days of November. This growth was partly fueled by the "Trump trade," with Gary Gensler stepping down as SEC Chair and several key crypto cases closing.

1月19日，索拉納（Solana）的歷史最高高點為294美元，與特朗普（Trump）的Memecoin在Solana區塊鏈上的推出相吻合。從2024年9月的125美元起，索爾的價格迅速飆升，在11月18天內獲得了 +66％的收益。 “特朗普貿易”部分推動了這種增長，加里·加斯勒（Gary Gensler）辭去了SEC主席和幾個關鍵加密案件結束。

However, Solana's boom was also driven by the massive success of Pump.fun and memecoins on the network.

但是，索拉納（Solana）的繁榮也受到網絡上的泵和成員的巨大成功的驅動。

Solana's troubles began with Trump's memecoin launch, with its token price initially surging to $70 but crashing to $30 three days later. By the second week post-launch, the token's price had dropped below $20. In recent weeks, it has hovered around $15, showing a descending lateralization that may still be unfolding.

索拉納（Solana）的麻煩始於特朗普（Memecoin）的成員發行，其代幣價格最初飆升至70美元，但三天后墜毀至30美元。發出後第二週，令牌的價格已降至20美元以下。最近幾週，它徘徊在15美元左右，顯示出可能仍在展開的下側向化。

President Milei's promotion of a scamcoin on Solana also contributed to the network's shitcoin hype.

麥莉（Milei）總統在索拉納（Solana）上宣傳史camcoin也有助於該網絡的shitcoin炒作。

Solana's (SOL) price has been on a downturn, with a significant decline that may continue. Here's a closer look at the factors impacting SOL's price performance.

Solana（Sol）的價格一直處於低迷狀態，可能會持續下降。這是影響SOL價格績效的因素。

Solana's all-time high was $294 on January 19, coinciding with the launch of Trump's memecoin on the Solana blockchain. From $125 in September 2024, SOL's price surged rapidly, notching a +66% gain in 18 days of November. This growth was partly fueled by the "Trump trade," with Gary Gensler stepping down as SEC Chair and several key crypto cases closing.

1月19日，索拉納（Solana）的歷史最高高點為294美元，與特朗普（Trump）的Memecoin在Solana區塊鏈上的推出相吻合。從2024年9月的125美元起，索爾的價格迅速飆升，在11月18天內獲得了 +66％的收益。 “特朗普貿易”部分推動了這種增長，加里·加斯勒（Gary Gensler）辭去了SEC主席和幾個關鍵加密案件結束。

However, Solana's boom was also driven by the massive success of Pump.fun and memecoins on the network.

但是，索拉納（Solana）的繁榮也受到網絡上的泵和成員的巨大成功的驅動。

Solana's troubles began with Trump's memecoin launch, with its token initially surging to $70 but crashing to $30 three days later. By the second week post-launch, the token's price had dropped below $20. In recent weeks, it has hovered around $15, showing a descending lateralization that may still be unfolding.

索拉納（Solana）的麻煩始於特朗普（Memecoin）的成員發射，其代幣最初飆升至70美元，但三天后墜毀至30美元。發出後第二週，令牌的價格已降至20美元以下。最近幾週，它徘徊在15美元左右，顯示出可能仍在展開的下側向化。

President Milei's promotion of a scamcoin on Solana also contributed to the network's shitcoin hype. As of February 1st, SOL's price was above $220, but it began a decline that may not be over yet. On February 3rd, it dropped to nearly $180 before recovering briefly. By February 17th, it fell below that level and has since dropped under $160. Currently, it's down -47% from its all-time highs a month ago, with a -15% loss in the last seven days.

麥莉（Milei）總統在索拉納（Solana）上宣傳史camcoin也有助於該網絡的shitcoin炒作。截至2月1日，Sol的價格高於220美元，但開始下降可能還沒有結束。 2月3日，它跌至近180美元，然後短暫恢復。到2月17日，它低於該水平，此後已下跌至160美元。目前，它比一個月前的歷史高點下降了-47％，過去七天的損失為-15％。

The problem is that not only is the entire sector of memecoins, and shitcoins in general, going through a really tough time, but the same thing applies to altcoins in general. Taking the last seven days as a reference, while BTC is essentially even, ETH is at -3%, XRP at -9%, BNB at -5%, and Dogecoin at -13%. The fact that SOL in recent days is losing more than all these altcoins clearly reveals that its decline is not solely linked to the general drop in altcoins.

問題在於，不僅是整個Memecoins和Shitcoins的整個領域，而且經歷了一個非常艱難的時期，而且總體上也適用於AltCoins。將最後七天作為參考，而BTC本質上是-ETH的-3％，XRP為-9％，BNB為-5％，而Dogecoin則為-13％。 SOL最近幾天損失的事實比所有這些山寨幣都更加清楚地表明，其下降不僅與AltCoins的總體下降有關。

In these seven days, Bitcoin's dominance has risen from 60.7% to 61.6%, and for a metric like this, it is a significant increase in such a short time.

在這七天中，比特幣的優勢從60.7％提高到61.6％，對於這樣的度量，這是在這種短時間內的顯著增加。

In fact, the altseason index of CMC has dropped from 38 to 27 points, getting very close to those 25 points below which the Bitcoin season begins, that is, a period in which BTC performs significantly better than altcoins, on average.

實際上，CMC的季季指數從38分下降到27分，非常接近比特幣季節開始的25分，即BTC平均表現要比AltCoins高得多的時期。

Furthermore, there is an ongoing slowdown in on-chain activity on Solana, and an imminent token unlock. In light of all this, there are those who believe that the price of SOL could drop even below $150 in the short term, but it is not certain that in the medium term it could then start to rise again.

此外，在Solana上的鍊鍊活動和即將來臨的令牌解鎖都在不斷放緩。鑑於所有這些，有些人認為SOL的價格在短期內甚至低於150美元，但不確定在中期，它可能會再次上升。

It was also discovered that the whales have increased their bearish bets on SOL with options on Deribit. In fact, the majority of trades on SOL were about put options, precisely those used to protect against bear markets.

還發現，鯨魚通過deribit上的選擇增加了對Sol的看跌賭注。實際上，SOL上的大多數交易都是關於PROT選擇的​​，正是用於防止熊市的產品。

Note that the trading volume on Solana was concentrated 80% on put contracts, while for example this percentage was only 40% for BTC and 37.5% for ETH.

請注意，Solana的交易量集中在POT合同上80％，例如，BTC的百分比僅為40％，而ETH的百分比僅為37.5％。

Moreover, on the first of March, there will be an important token unlocking event (11.2 million

此外，在3月1日，將有一個重要的令牌解鎖活動（1,120萬