索拉納（Sol）價格在整個市場的低迷中都暴跌，但網絡基本面仍然很強

加密貨幣市場是一個以其波動而聞名的領域，最近因全球經濟不確定性的寒風所吸引

The cryptocurrency market has been largely snared by the wind of global economic uncertainty, largely credited to new tariffs that are impacting investors.

全球經濟不確定性的風在很大程度上被加密貨幣市場所吸引，這在很大程度上歸功於影響投資者的新關稅。

Solana (SOL) has not been immune to this market-wide downturn. While its price action has taken a significant hit, retracing much of its March gains and retesting a critical support level, the underlying strength of the Solana network, particularly its Total Value Locked (TVL), tells a different story.

Solana（Sol）尚未不受這種整個市場的低迷感。儘管它的價格動作受到了重大打擊，重新培訓了其三月的大部分收益並重新測試了關鍵的支持水平，但Solana網絡的基本優勢，尤其是其總價值鎖定（TVL）（TVL），都講述了一個不同的故事。

This article delves into the intricate dynamics of Solana’s recent performance, exploring the factors driving its price decline, the resilience of its network metrics, and the potential implications for its future trajectory.

本文深入研究了Solana最近表現的複雜動態，探索了推動其價格下降的因素，其網絡指標的彈性以及對未來軌蹟的潛在影響。

What Happened: The cryptocurrency market, along with other asset classes, has been grappling with the repercussions of newly imposed tariffs, which have triggered a wave of investor anxiety.

發生的事情：加密貨幣市場以及其他資產類別一直在努力應對新強加的關稅的影響，這些關稅引發了一波投資者的焦慮。

Solana, a high-performance blockchain platform, has experienced a substantial price correction, sliding by as much as 24% from its Tuesday peak last week.

高性能區塊鏈平台索拉納（Solana）經歷了大量的價格校正，比上週的星期二峰值下滑多達24％。

This sharp decline pushed SOL’s price as low as $112.24 in the last 24 hours, effectively erasing the gains achieved during the first half of March.

這種急劇下降使Sol的價格在過去24小時內的低至112.24美元，從而有效地消除了3月上半年所取得的收益。

The rapid retracement from the March 15th high also drew attention, as did the implications of this price action on a 12-month chart.

3月15日高的迅速回撤也引起了人們的關注，這一價格動作在12個月的圖表上的影響也引起了人們的注意。

The broader cryptocurrency market has been particularly sensitive to macroeconomic developments. With the threat of escalating trade tensions and potential economic instability looming large, investors have adopted a risk-off approach.

更廣泛的加密貨幣市場對宏觀經濟發展特別敏感。隨著貿易緊張局勢升級和潛在的經濟不穩定的威脅，投資者採取了一種冒險方法。

This has resulted in widespread sell-offs across various asset classes, including cryptocurrencies, and saw traders gravitate towards safe-haven assets like the U.S. dollar and Japanese yen.

這導致了包括加密貨幣在內的各種資產類別中的廣泛拋售，並且使交易員傾向於美元和日元等安全資產。

As the bears continue to exert dominance, presenting a formidable challenge to bulls, the brutal market conditions are testing the limits of cryptocurrencies’ resilience.

隨著熊繼續發揮主導地位，對牛隊提出了巨大的挑戰，殘酷的市場條件正在測試加密貨幣彈性的局限性。

This brought us to the critical juncture of an 12-month support level at $112. A breach of this support could have significant consequences for SOL’s price trajectory, potentially paving the way for a slide towards the $100 mark.

這使我們達到了12個月的支持水平的關鍵，$ 112。違反這種支持可能會對SOL的價格軌跡產生重大影響，這有可能為滑行100美元的滑動鋪平道路。

What To Know: The market environment is characterized by an abundance of FUD (Fear, Uncertainty, and Doubt), which is likely to further erode investor sentiment.

知道的是：市場環境的特徵是大量的FUD（恐懼，不確定性和懷疑），這可能會進一步侵蝕投資者的情緒。

This prevailing pessimism could exacerbate the downward pressure on SOL’s price, potentially leading to a breach of the critical support level.

這種盛行的悲觀主義可能會加劇對Sol價格的下降壓力，這可能導致違反關鍵支持水平。

The formation of a bullish price-RSI divergence, even as the price edges towards $100, suggests a potential for a rebound.

看漲的價格 - rsi差異的形成，即使價格邊緣為100美元，也表明有反彈的可能性。

A bullish divergence occurs when the price makes lower lows while the Relative Strength Index (RSI), a momentum indicator, makes higher lows. This divergence can signal a weakening of bearish momentum and a potential reversal of the downtrend.

當價格降低低點而相對強度指數（RSI）（動量指示器）造成較高的低點時，就會出現看漲的分歧。這種差異可以表明看跌動量的弱和下降趨勢的潛在逆轉。

However, despite this potential bullish signal, SOL spot flows have remained predominantly negative over the past four weeks.

然而，儘管有潛在的看漲信號，但在過去的四個星期中，SOL斑點流量仍然是負面的。

The lack of significant spot inflows, even during the recent support retest, indicates a lack of strong buying interest. This absence of buying pressure could further exacerbate the downward pressure on SOL’s price.

即使在最近的支持重新測試期間，缺乏大量的景點流入也表明缺乏強烈的購買興趣。缺乏購買壓力可能會進一步加劇索爾價格的下降壓力。

What’s Next For Solana?: While SOL’s price action may suggest bearish dominance, the underlying strength of the Solana network, as evidenced by its Total Value Locked (TVL), presents a contrasting narrative.

Solana的下一步是什麼？ ：儘管Sol的價格行動可能暗示看跌統治地位，但Solana網絡的基本優勢是其總價值鎖定（TVL）證明的，但它表現出了對比的敘述。

Despite the price downtrend, the amount of SOL tokens locked in the network has been steadily increasing since late November.

儘管價格下降趨勢，但自11月下旬以來，網絡中鎖定的SOL代幣數量一直在穩步增加。

As of April 2nd, Solana’s TVL stood at an impressive 65.04 million SOL. This figure represents a nearly fourfold increase from the 16.61 million SOL locked in November.

截至4月2日，Solana的TVL站在令人印象深刻的6504萬桿。這個數字比11月鎖定的1661萬桿近增加了近四倍。

This surge in TVL can be interpreted as a sign of long-term confidence in the Solana network.

TVL的這種激增可以解釋為對Solana網絡的長期信心的跡象。

A higher TVL indicates greater user adoption and confidence in the network’s long-term prospects. In contrast, a low TVL can be a sign of low demand for the network’s services.

較高的TVL表明用戶對網絡的長期前景的採用和信心更大。相比之下，較低的TVL可能表明對網絡服務的需求低。

Solana’s TVL is approaching its all-time high (ATH) of 67.69 million SOL, which was reached in mid-June 2022. The fact that the network is nearing its record levels of coins locked, despite the prevailing bearish market conditions, underscores the resilience and strength of the Solana network.

Solana的TVL正在2022年6月中旬達到其歷史最高（ATH）6769萬桿。

In addition to its TVL, Solana’s network performance also shows resilience. The number of transactions on the Solana network reached a peak of 76.75 million on January 23rd.

除了其TVL外，Solana的網絡性能還顯示出彈性。 1月23日，Solana網絡上的交易數量達到了7675萬。

This peak in transactions coincided with the peak of SOL’s price on January 11th. However, in line with the subsequent bearish dominance, daily transactions have since declined and fell below 50 million. On April 2nd, the network registered 47.72 million transactions.

交易中的這個高峰與1月11日的Sol價格高峰相吻合。但是，根據隨後的看跌優勢，每天的交易自此下降，低於5000萬。 4月2日，該網絡註冊了4772萬筆交易。

Despite this, the volume of transactions on the Solana network remains at an all-time high, which is a testament to the strength of the network, even during a bearish

儘管如此，Solana網絡上的交易量仍然保持到歷史最高的高度，這證明了網絡的強度，即使在看跌期間