隨著鏈上轉帳量創歷史新高，Solana (SOL) 可能“直接飆升至 400 美元”

Solana 區塊鏈最近的鏈上轉帳量創下歷史新高，但市場情報公司 Glassnode 聲稱大部分活動是由機器人進行的。

Solana (SOL) blockchain recently hit record highs in onchain transfer volume, but most of this activity is conducted by bots, according to market intelligence firm Glassnode.

據市場情報公司 Glassnode 稱，Solana (SOL) 區塊鏈最近的鏈上轉帳量創下歷史新高，但大部分活動是由機器人進行的。

In a Nov. 19 post on X, Glassnode noted that Solana’s SOL $238.09 transfer volume hit an all-time high of $318 billion on Nov. 16.

Glassnode 在 11 月 19 日發布的 X 貼文中指出，Solana 的 SOL 轉帳額為 238.09 美元，並於 11 月 16 日創下了 3,180 億美元的歷史新高。

This is almost three times SOL’s total market capitalization, which is currently about $112.5 billion. The number of total active addresses on Solana had spiked to 22 million.

這幾乎是 SOL 總市值（目前約為 1,125 億美元）的三倍。 Solana 上的活躍地址總數已飆升至 2,200 萬。

However, the onchain analytics firm noted that the mean and median transaction volumes dipped around the same time.

然而，鏈上分析公司指出，平均交易量和中位數交易量大約在同一時間下降。

This raises questions about the veracity of Solana metrics because if the growth is organic, it should be accompanied by a similar uptick in the averages.

這引發了人們對 Solana 指標準確性的質疑，因為如果成長是有機的，那麼它應該伴隨著類似的平均值上升。

In an attempt to explain this phenomenon, Glassnode said:

為了解釋這一現象，Glassnode 表示：

“The recent surge in Solana activity could be attributed to several factors, including increased NFT trading, new airdrops or launches, and rising interest in decentralized finance (DeFi) protocols.”

「最近 Solana 活動的激增可能歸因於多種因素，包括 NFT 交易的增加、新的空投或發布，以及對去中心化金融 (DeFi) 協議的興趣上升。”

The ramped-up activity was also likely responsible for recent increases in fees and network revenue.

活動的增加也可能是最近費用和網路收入增加的原因。

Solana daily revenue hit a record high of almost $6 million on Nov. 20, with network participants paying $7.63 million in transaction fees, according to data from DefiLlama.

根據 DefiLlama 的數據，11 月 20 日，Solana 每日收入創下近 600 萬美元的歷史新高，網路參與者支付了 763 萬美元的交易費用。

Solana revenue and fees. Source: DefiLlama

Solana 收入和費用。來源：DefiLlama

Additional data from Blockworks Research reveals that Solana achieved an all-time high of $26 million in real economic value (REV) on Nov. 19.

Blockworks Research 的其他數據顯示，Solana 在 11 月 19 日實現了 2,600 萬美元的實際經濟價值 (REV) 的歷史新高。

The layer-1 network also clocked the highest-ever decentralized exchange (DEX) volume of $6.93 billion, with Raydium representing 74% of Solana’s DEX trading volume with $5.13 billion, on Nov. 19, as per DefiLlama data.

根據DefiLlama 的數據，11 月19 日，第一層網路也創下了有史以來最高的去中心化交易所(DEX) 交易量，達到69.3 億美元，其中Raydium 佔Solana DEX 交易量的74%，交易量為51.3 億美元。

Empowering Africa and connecting the world: X Spaces recap with VALR crypto exchange

賦予非洲權力並連結世界：X Spaces 透過 VALR 加密貨幣交易所進行回顧

Africa faces unique financial challenges, including limited access to traditional banking. Crypto and platforms like VALR offer a pathway to financial inclusion.

非洲面臨獨特的金融挑戰，包括獲得傳統銀行業務的機會有限。加密貨幣和 VALR 等平台提供了一條通往金融普惠的途徑。

“When people look at Africa, they tend to lump it all together into one entity, which really diminishes the complexity and color that exists on the continent. But there are over 50 countries with many currencies, borders, cultures, tribes, and languages,“ noted Farzam Ehsani, CEO and co-founder of VALR, during Cointelegraph’s recent X Spaces.

「當人們看待非洲時，他們傾向於將所有這些都歸為一個實體，這確實削弱了非洲大陸存在的複雜性和色彩。但有 50 多個國家擁有多種貨幣、邊界、文化、部落和語言，」VALR 執行長兼聯合創始人 Farzam Ehsani 在 Cointelegraph 最近的 X Spaces 上指出。

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His colleague, VALR’s Head of Growth Blake Player, agreed: “Africa is definitely not like Europe or the US with one big homogeneous trading environment. There are different markets with very different rules, regulations and levels of sophistication.“

他的同事、VALR 成長主管 Blake Player 對此表示同意：「非洲絕對不像歐洲或美國那樣擁有一個巨大的同質貿易環境。不同的市場有不同的規則、法規和複雜程度。

Ehsani, Player and VALR’s chief marketing officer Ben Caselin, gathered for a live discussion to discuss the nuances of the African crypto scene and strategies for crypto exchanges to thrive in these circumstances.

Player Ehsani 和 VALR 首席行銷長 Ben Caselin 齊聚一堂，進行現場討論，討論非洲加密貨幣場景的細微差別以及加密貨幣交易所在這種情況下蓬勃發展的策略。

“No choice“ for Africa but crypto

非洲“別無選擇”，除了加密貨幣

Speakers noted the specificities of the African financial landscape, such as the phenomenon of mobile money, depreciating currencies, high interest rates and high remittance volumes. “Remittances are very expensive, highly intermediated and there’s a severe lack of liquidity for most African local currencies,“ added Player.

講者指出了非洲金融格局的特殊性，例如行動貨幣現象、貨幣貶值、高利率和高匯款量。 「匯款非常昂貴，高度中介化，而且大多數非洲當地貨幣都嚴重缺乏流動性，」普萊爾補充道。

Still, a closer analysis of Raydium’s liquidity pools reveals that countless liquidity pools on this protocol have little to no liquidity and generate unreal trading volumes.

儘管如此，對 Raydium 流動性池的仔細分析表明，該協議上的無數流動性池幾乎沒有流動性，並產生不真實的交易量。

For example, the SOL-HAT pool held just $7 in liquidity but had almost $400,000 in 24-hour trading volume.

例如，SOL-HAT 池僅持有 7 美元的流動性，但 24 小時交易量卻接近 40 萬美元。

Liquidity pools on Raydium. Source: Raydium

Raydium 上的流動性池。來源：瑞鼎

This suggests that bots and other inorganic trading activities may drive a big chunk of Solana’s transaction volume.

這表明機器人和其他無機交易活動可能會推動 Solana 交易量的很大一部分。

This is not the first time Glassnode has claimed the presence of inorganic activity on Solana. On Nov. 4, the firm asserted that a “massive spike in onchain transfer volume” on Solana was “driven by a high-activity wallet using multiple accounts.”

這並不是 Glassnode 第一次聲稱 Solana 上存在無機活動。 11 月 4 日，該公司聲稱 Solana 上「鏈上轉帳量的大幅飆升」是「由使用多個帳戶的高活躍錢包驅動的」。

Similarly, Cointelegraph previously reported on claims by pseudonymous researcher Flip Research that most of the activity on Solana was conducted by bots.

同樣，Cointelegraph 先前曾報導過匿名研究員 Flip Research 的說法，即 Solana 上的大部分活動都是由機器人進行的。

Critics have suggested that reported figures of Solana’s network activity in the last couple of months may be artificially inflated due to wash trading in memecoins, leading to skepticism over the network’s real growth trajectory.

批評者認為，由於迷因幣的清洗交易，Solana 過去幾個月網路活動的報告數據可能被人為誇大，導致人們對該網路的實際成長軌跡產生懷疑。

SOL could “soar straight to $400”

SOL 可能“直接飆升至 400 美元”

Nevertheless, the recent spike in Solana’s network activity continues to spark investor interest as traders remain optimistic about Solana’s SOL $238.09 prospects.

儘管如此，Solana 網路活動最近的激增繼續激發了投資者的興趣，因為交易員對 Solana 的 SOL 238.09 美元前景保持樂觀。

Pseudonymous analyst Titan of Crypto says SOL could possibly hit the $400 mark as it appears ready to break out of a cup-and-handle pattern.

Crypto 的匿名分析師 Titan 表示，SOL 可能會觸及 400 美元大關，因為它似乎準備好突破杯柄模式。

Source: Titan of Crypto

資料來源：加密貨幣泰坦

Veteran trader Peter Brandt

資深交易員彼得·布蘭特