Solana（SOL）時隔3年再創新高：SOL準備好翻轉USDT了嗎？

Solana (SOL) 創下了 262 美元的歷史新高 (ATH)，標誌著經過三年動蕩的價格走勢後的歷史性復甦。

Solana (SOL) has recorded a new all-time high (ATH) fiyatı 262$, marking a historic recovery after three years of volatile price action. The digital asset, touted as the “Ethereum killer,” once fell as low as $8 at the peak of the FTX exchange collapse and the crypto bear market that followed.

Solana (SOL) 創下歷史新高 (ATH) 262 美元，標誌著三年波動價格走勢後的歷史性復甦。這種被譽為「以太坊殺手」的數位資產，在 FTX 交易所崩盤和隨後的加密貨幣熊市的頂峰時期一度跌至 8 美元。

Solana (SOL) Makes Historic Recovery, Eyes USDT Flippening

Solana (SOL) 實現歷史性復甦，USDT 翻轉

Solana (SOL), known for its fast and scalable blockchain, has again stolen the show. After dominating the 2020-21 crypto bull market, the digital asset saw its value plummet following the spectacular collapse of FTX, led by Sam Bankman-Fried. However, SOL has staged an impressive comeback over the last two years.

Solana (SOL) 以其快速且可擴展的區塊鏈而聞名，再次搶盡風頭。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，SOL 在過去兩年中捲土重來，令人印象深刻。

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

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

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

有趣的是，SOL 需要進一步升值 10% 才能徹底扭轉 USDT 市值，成為市值第三大數位資產。屆時，SOL 將僅次於比特幣 (BTC) 和以太幣 (ETH)，成為第三大加密貨幣。

Given the token’s recent price trajectory, it won’t be surprising to see SOL surging past the leading stablecoin’s market cap before the end of the year. 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.

考慮到該代幣近期的價格走勢，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 solely 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 的崛起僅歸因於這一點未免過於簡單化了。

Memecoin Frenzy, Increased Network Activity, ETF Potential Aided SOL

Memecoin 狂熱、網路活動增加、ETF 潛力輔助 SOL

Several factors have contributed to SOL’s remarkable 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 的顯著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, haveNARRATIVE throughout the last year. In October alone, the total market cap of Solana-based memecoins topped $10 billion.

Memecoins，尤其是那些建立在 Solana 區塊鏈上的 Memecoins，在過去的一年裡都具有敘事性。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 brought about a surge in network activity for Solana. Between September and October, Solana saw a 42% month-over-month (MoM) increase in active addresses, reaching approximately 123 million.

這種 memecoin 熱潮也帶來了 Solana 網路活動的激增。 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, besides benefiting from the memecoin narrative. According to DefiLlama data, Solana hosts the second-largest DeFi ecosystem globally, with a total value locked (TVL) of $9.265 billion.

除了受益於 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). A recent report suggests that 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。最近的一份報告顯示，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。

As SOL’s new ATH is certainly an impressive achievement, experts believe the token still has lots of room for growth. At the time of writing, SOL trades at $259, up 6.2% over the past 24 hours.

由於 SOL 的新 ATH 無疑是一項令人印象深刻的成就，專家認為該代幣仍有很大的成長空間。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%。