Solana (SOL) 實現歷史性復甦，USDT 翻轉

備受追捧的「以太坊殺手」Solana（SOL）再次成為人們關注的焦點。在主導 2020-21 年加密牛市後，該數位資產在 FTX 暴跌後價值暴跌

Solana (SOL) price action has seen a historic recovery, rising to a new all-time high (ATH) of $262 after three years of turbulent price action. At one point during the FTX exchange collapse and the ensuing crypto bear market, the token had fallen as low as $8.

Solana (SOL) 價格走勢出現歷史性復甦，在經歷三年動蕩的價格走勢後升至 262 美元的歷史新高 (ATH)。在 FTX 交易所崩盤和隨後的加密貨幣熊市期間，該代幣一度跌至 8 美元。

Solana Makes Historic Recovery, Eyes USDT Flippening

Solana 實現歷史性復甦，USDT 暴漲

Solana (SOL), the widely recognized “Ethereum killer,” is once again in the spotlight. After dominating the 2020-21 crypto bull market, the digital asset saw its value plummet following FTX’s spectacular collapse, spearheaded by Sam Bankman-Fried. However, over the last two years, SOL has staged an impressive comeback.

廣受認可的「以太坊殺手」Solana（SOL）再次成為人們關注的焦點。在主導 2020-21 年加密貨幣牛市後，隨著 Sam Bankman-Fried 領導的 FTX 大幅崩盤，該數位資產的價值暴跌。然而，在過去的兩年裡，SOL 捲土重來，令人印象深刻。

At the time of writing, SOL is ranked as the fourth-largest cryptocurrency, boasting a market cap of over $123 billion. The layer-1 blockchain is now just $8 billion away from overtaking stablecoin Tether (USDT), which has a market cap of $130 billion.

截至本文撰寫時，SOL 被列為第四大加密貨幣，市值超過 1,230 億美元。目前，Layer-1 區塊鏈距離超越市值 1,300 億美元的穩定幣 Tether (USDT) 僅差 80 億美元。

Interestingly, SOL only needs a further 10% price appreciation to decisively overtake USDT’s market cap and become the third-largest digital asset by market cap, trailing only Bitcoin (BTC) and Ethereum (ETH) as the third-largest cryptocurrency.

有趣的是，SOL 只需要再上漲10% 的價格，就能決定性地超越USDT 市值，成為市值第三大數位資產，僅次於比特幣(BTC) 和以太幣(ETH)，成為第三大加密貨幣。

Considering the token’s recent price trajectory, it wouldn’t be surprising to see SOL surging past the leading stablecoin’s market cap before the year ends. In the last three weeks alone, the token has experienced a remarkable 75% surge, rising from $148 on November 4 to $259 at the time of writing.

考慮到該代幣最近的價格軌跡，看到 SOL 在年底前飆升超過領先穩定幣的市值也就不足為奇了。僅在過去三週內，該代幣就經歷了 75% 的驚人飆升，從 11 月 4 日的 148 美元上漲到撰寫本文時的 259 美元。

While the broader crypto market has gained momentum following the victory of pro-crypto Republican US presidential candidate Donald Trump, attributing SOL’s rise entirely to this would be oversimplifying the narrative.

儘管在支持加密貨幣的共和黨美國總統候選人唐納德·川普獲勝後，更廣泛的加密貨幣市場獲得了動力，但將 SOL 的崛起完全歸因於這一點未免過於簡單化了。

Memecoin Frenzy, Increased Network Activity, ETF Potential Helped SOL

Memecoin 狂熱、網路活動增加、ETF 潛力幫助 SOL

Several factors have contributed to SOL’s impressive turnaround and increased network adoption. One of the most prominent is the ongoing memecoin frenzy, which has become a dominant narrative in the crypto market.

有幾個因素促成了 SOL 令人印象深刻的轉變和網路採用率的提高。其中最突出的是持續的迷因幣狂熱，它已成為加密貨幣市場的主導敘事。

Memecoins — especially those built on the Solana blockchain — have emerged as the crypto market’s top narrative over the last year. In October alone, the total market cap of Solana-based memecoins crossed $10 billion.

Memecoins——尤其是那些建立在 Solana 區塊鏈上的硬幣——已經成為去年加密貨幣市場的熱門話題。光是 10 月份，基於 Solana 的 memecoin 的總市值就突破了 100 億美元。

This memecoin craze has also resulted in increased network activity for Solana. Between September and October, Solana saw a 42% month-over-month (MoM) increase in active addresses, which amounted to approximately 123 million.

這種 memecoin 熱潮也導致 Solana 的網路活動增加。 9 月至 10 月期間，Solana 的活躍地址較上月 (MoM) 成長 42%，達到約 1.23 億個。

Solana has also seen increased decentralized finance (DeFi) activity throughout the year, in addition to the memecoin narrative. According to DefiLlama data, Solana has the world’s second-largest DeFi ecosystem, with a total value locked (TVL) of $9.265 billion.

除了 memecoin 的敘述之外，Solana 全年去中心化金融 (DeFi) 活動也有所增加。根據 DefiLlama 數據，Solana 擁有全球第二大 DeFi 生態系統，鎖定總價值（TVL）為 92.65 億美元。

Moreover, there are promising prospects for a Solana-based exchange-traded fund (ETF). According to a recent report, the US Securities and Exchange Commission (SEC) is actively discussing the potential launch of a new spot Solana ETF with several asset managers.

此外，基於 Solana 的交易所交易基金 (ETF) 前景廣闊。根據最近的一份報告，美國證券交易委員會 (SEC) 正在與多家資產管理公司積極討論推出新的現貨 Solana ETF 的可能性。

Although SOL’s achievement of a new ATH is noteworthy, experts believe the token still has potential for significant growth. At the time of writing, SOL trades at $259, up 6.2% over the past 24 hours.

儘管 SOL 取得新 ATH 的成就值得注意，但專家認為該代幣仍具有顯著成長的潛力。截至撰寫本文時，SOL 交易價格為 259 美元，在過去 24 小時內上漲 6.2%。