Solana（Sol）鯨魚轉儲108688 SOL，以1,220萬美元的價格在USDC中

索拉納（Sol）鯨魚以1.22億美元的價格清算了108688 SOL（USDC），每個令牌為112.3美元，幾乎與當天的最低價格相匹配。

A Solana (SOL) whale liquidated 108,688 SOL for $12.2 million in USD Coin (USDC) at $112.3 per token, almost touching the day’s lowest price.

索拉納鯨（Sol）鯨魚以1,220萬美元的幣（USDC）銷售了108,688元，以每個令牌為112.3美元，幾乎觸及了當天的最低價格。

The move, which resulted in a staggering $7.48 million loss for the whale, saw the tokens being sold on Coinbase Pro at around 03:30 Coordinated Universal Time (UTC).

此舉導致了鯨魚的748萬美元損失，使代幣在Coinbase Pro上出售，大約在03:30協調的環球時間（UTC）。

The whale had initially withdrawn these tokens from Coinbase 11 months earlier when SOL traded at $181.

鯨魚最初在11個月前從Coinbase中撤回了這些代幣，當時Sol的交易價格為181美元。

The sale comes amid broader market uncertainty as Solana’s price fluctuated. The asset, known for its speed and low transaction fees, briefly dipped to $113—the lowest level in over a year—before rebounding to $123.

隨著Solana的價格波動，更廣泛的市場不確定性，此次銷售是出售的。該資產以其速度和低交易費用而聞名，短暫降至113美元，這是一年以上的最低水平，然後反彈至123美元。

Solana Battles Key Levels as Market Struggles

隨著市場鬥爭，索拉納（Solana）與關鍵水平作鬥爭

SOL’s price action remains volatile despite reclaiming $123. The asset, currently the sixth-largest cryptocurrency with a market capitalization of $63.3 billion, saw a 24-hour trading volume surge of 48.6% to $6.3 billion, according to CoinMarketCap.

儘管收回了123美元，但Sol的價格行動仍然波動。根據CoinMarketCap的數據，該資產目前是目前的第六大加密貨幣，市值為633億美元，其24小時交易量增長量為48.6％，至63億美元。

This suggests renewed interest in the token, but analysts warn that key technical levels are still in play. A potential ‘death cross’—where the 50-day moving average crosses below the 200-day moving average in a bearish chart pattern—is forming.

這表明對代幣產生了興趣，但分析師警告說，關鍵的技術水平仍在起作用。潛在的“死亡交叉”是形成的50天移動平均線以低於200天的移動平均值的情況形成。

Historically, Solana’s last death cross in September 2024 preceded a rally to $294 within two months. If this trend repeats, a rebound could follow, though broader market conditions remain uncertain.

從歷史上看，索拉納（Solana）於2024年9月的最後一次死亡十字架在兩個月內集會至294美元之前。如果這種趨勢重複，儘管更廣泛的市場狀況仍然不確定，但可能會反彈。

SOL Price Falls Below Realized Price, Raising Bearish Concerns

索爾價格低於實現的價格，引起了看跌的關注

According to Glassnode data, on March 11, SOL fell below its realized price of $134 for the first time in almost three years.

根據GlassNode數據，3月11日，SOL在近三年來首次達到了其實現的價格低於134美元。

The realized price, which represents the average purchase price of all Solana tokens in circulation, is a critical technical indicator. When an asset trades below this level, it signals that many holders are at a loss, potentially increasing the pressure for further selling.

已實現的價格代表了所有流通中所有Solana代幣的平均購買價格，這是一個關鍵的技術指標。當資產交易低於此級別時，它表明許多持有人正在虧本，可能會增加進一步銷售的壓力。

The last time SOL breached this price point was in March 2022, which coincided with the beginning of a prolonged downtrend. Although the asset eventually recovered to new highs in November 2023, similar breaches in 2020 and 2022 led to months of price weakness before any recovery commenced.

索爾（Sol）上一次違反這個價格點的時間是在2022年3月，這與長期下降趨勢的開始相吻合。儘管該資產最終在2023年11月恢復到新的高點，但在2020年和2022年的類似違規行為導致了幾個月的價格疲軟，然後才能恢復。

Further complicating matters, Solana’s on-chain revenue and total value locked (TVL) have plummeted.

更複雜的事情，Solana的鏈收入和總價值鎖定（TVL）暴跌。

DefiLlama data reveals that Solana’s network revenue has collapsed by 93% since January, falling from a record of $55.3 million to just $4 million last week. TVL has also declined significantly, decreasing by 50% over the same period, dropping from over $12 billion to $6.4 billion.

Defillama數據顯示，自1月份以來，Solana的網絡收入已崩潰了93％，從上週的5530萬美元創下了400萬美元的創造力。 TVL也大大下降，同期下降了50％，從超過120億美元下降到64億美元。

Memecoin Mania Fades, Weakening Solana’s Ecosystem

Memecoin Mania逐漸消失，削弱了Solana的生態系統

Solana’s recent price turbulence comes as memecoin trading—once the blockchain’s primary revenue driver—declines sharply.

Solana最近的價格動盪是因為Memecoin Trading（一旦是區塊鏈的主要收入推動力），就急劇地限制了。

The platform’s memecoin frenzy peaked in January, fueled by the launch of tokens tied to former President Donald Trump and his wife Melania.

該平台的Memecoin Frenzy在一月份達到頂峰，這是由於與前總統唐納德·特朗普（Donald Trump）和他的妻子梅拉尼亞（Melania）綁定的代幣的推動。

According to VanEck, memecoin trading accounted for nearly 80% of Solana’s revenues at its peak. However, since Trump’s TRUMP token and MELANIA coin launched, both have collapsed, with TRUMP falling 86% from its peak and MELANIA plummeting 95%.

根據Vaneck的說法，Memecoin交易占Solana收入達到頂峰的近80％。但是，自從特朗普的特朗普代幣和梅拉尼亞·硬幣啟動以來，兩者都崩潰了，特朗普的高峰下降了86％，梅拉尼亞下降了95％。

Daily revenue on Pump.fun, Solana’s top memecoin trading platform, decreased by 95% from $15 million in January to just $800,000 in early March, as per Dune Analytics.

根據Dune Analytics，Solana最高的Memecoin交易平台的每日收入從1月份的1500萬美元下降到3月初的800,000美元。

As memecoin trading slows, Solana’s reliance on this revenue stream is becoming more apparent.

隨著Memecoin交易的減速，Solana對這一收入來源的依賴變得越來越明顯。

With Solana’s on-chain fundamentals weakening and technical risks increasing, traders are closely monitoring key price levels. The descending channel in SOL’s price action has resistance at $134 and $130, while support levels lie at $120 and $115.

隨著Solana的鏈基本面減弱和技術風險的增加，交易者正在密切監視關鍵價格水平。 SOL價格行動中的下降渠道的阻力為134美元和130美元，而支持水平為120美元和115美元。

If SOL manages to hold above $120 and then breaks past $128 with strong volume, it could pave the way for a rally toward $134. However, failure to maintain these levels could result in further downside pressure, especially if broader market conditions remain shaky.

如果索爾設法持有超過120美元，然後以強勁的數量中斷了$ 128，則可以為134美元的集會鋪平道路。但是，未能維持這些水平可能會導致進一步的下行壓力，尤其是在更廣泛的市場狀況仍然搖搖欲墜的情況下。

Key Highlights:

關鍵亮點：

* A Solana (SOL) whale liquidated 108,688 SOL for $12.2 million in USD Coin (USDC) at approximately $112.3 per token on Friday, nearly touching the day’s lowest price.

*索拉納（Sol）鯨魚以1,220萬美元的價格（USDC）清算了108,688舊金山（USDC），週五以每勤幣約112.3美元，幾乎觸及了當天的最低價格。

* The move, which resulted in a staggering $7.48 million loss for the whale, saw the tokens being sold on Coinbase Pro at around

*此舉導致鯨魚損失了748萬美元，使令牌在Coinbase Pro上被出售在附近