Solana 在穩定幣交易中超越以太坊，展現出市場彈性

面對市場挑戰，Solana (SOL) 在穩定幣領域中展現韌性。鏈上數據顯示，Solana 區塊鏈上的穩定幣交易量穩定成長，超過了以太坊的每日交易量。這一增長歸因於 MEV 機器人和去中心化交易所 Phoenix 的活動，顯示 Solana 在穩定幣領域的持續採用。儘管來自 FTX 資產的 4,100 萬個 SOL 代幣進入市場可能產生影響，但交易活動表明 SOL 的前景樂觀，價格有可能升值至 200 美元甚至更高。

Amidst Market Volatility, Solana Exhibits Resilience, Surpassing Ethereum in Stablecoin Transactions

在市場波動中，Solana 表現出韌性，穩定幣交易量超越以太坊

Solana's recent market performance has been marked by an inability to consistently break above the $200 mark, largely attributed to the impending sale of a significant portion of FTX's Solana holdings at a substantial discount. However, on-chain data unveils a contrasting narrative, highlighting Solana's growing strength within the stablecoin sector.

Solana 最近的市場表現是無法持續突破 200 美元大關，這主要是由於 FTX 即將以大幅折扣出售大部分 Solana 資產。然而，鏈上數據卻揭示了相反的情況，突顯了 Solana 在穩定幣領域日益增強的實力。

Unveiling Stablecoin Supremacy on Solana

揭開 Solana 穩定幣霸主地位

Artemis, a reputable on-chain analytics platform, has shed light on the escalating utilization of stablecoins on the Solana blockchain. Daily stablecoin trading volume on Solana has surpassed that of Ethereum for the majority of March, with a particularly notable surge from March 9th onwards. The disparity in trading volume has become increasingly pronounced over the past week.

Artemis 是一個著名的鏈上分析平台，它揭示了 Solana 區塊鏈上穩定幣的使用不斷升級。在 3 月的大部分時間裡，Solana 上的每日穩定幣交易量都超過了以太坊，特別是從 3 月 9 日開始激增。過去一周，交易量的差異變得越來越明顯。

For instance, on March 30th, Solana recorded a staggering $97.5 billion in stablecoin trading volume, dwarfing Ethereum's $9.3 billion. The widest margin was observed on March 28th, with Solana registering an astonishing $112.9 billion in trading volume, an overwhelming $95.3 billion more than Ethereum's $17.6 billion. As a result, Solana now accounts for over 80% of the global stablecoin market trading volume.

例如，3 月 30 日，Solana 的穩定幣交易量達到驚人的 975 億美元，使以太坊的 93 億美元相形見絀。 3 月 28 日，Solana 的交易量達到了驚人的 1,129 億美元，比以太坊的 176 億美元高出 953 億美元。因此，Solana 目前佔據全球穩定幣市場交易量的 80% 以上。

Deciphering the Surge in Stablecoin Transactions

解讀穩定幣交易的激增

Artemis' analysis pinpoints a significant contribution from MEV bots and Phoenix, a decentralized crypto exchange, to Solana's impressive stablecoin volume. MEV (maximum extractable value) bots are automated programs that scour blockchain networks for potentially profitable transactions, which they then execute swiftly. These bots have been particularly active on Solana, relentlessly seeking arbitrage opportunities.

Artemis 的分析指出，MEV 機器人和去中心化加密貨幣交易所 Phoenix 對 Solana 令人印象深刻的穩定幣交易量做出了重大貢獻。 MEV（最大可提取價值）機器人是一種自動化程序，可以在區塊鏈網路中搜尋潛在有利可圖的交易，然後快速執行。這些機器人在 Solana 上尤其活躍，不斷尋求套利機會。

Bullish Momentum: Solana Nears $200 Threshold

看漲勢頭：Solana 接近 200 美元門檻

The Solana ecosystem continues to expand at a rapid pace, as evidenced by price gains and positive on-chain metrics. SOL, Solana's native token, has experienced a notable uptick in the past seven days, reversing last week's downtrend.

Solana 生態系統持續快速擴張，價格上漲和正面的鏈上指標證明了這一點。 Solana 的原生代幣 SOL 在過去 7 天內經歷了顯著上漲，扭轉了上週的下跌趨勢。

At the time of this writing, SOL is trading at $195, representing a 13% gain over the past week, and has reached an intraday high of $198. Solana's price had previously touched $208 on March 18th, but the bullish momentum proved insufficient to sustain the price appreciation, leading to a decline to $167 on March 20th.

截至撰寫本文時，SOL 的交易價格為 195 美元，較過去一周上漲 13%，並已達到 198 美元的盤中高點。 Solana 的價格此前曾在 3 月 18 日觸及 208 美元，但看漲勢頭不足以維持價格升值，導致 3 月 20 日跌至 167 美元。

Roadblocks to $200 and Beyond

200 美元及以上的障礙

Despite the positive indicators, fundamental challenges may deter Solana from regaining the $200 mark. The impending release of approximately 41 million SOL tokens from the bankrupt FTX estate looms over the market. Such a large-scale sale could exert significant selling pressure, potentially reversing the recent price gains.

儘管有積極的指標，但基本面的挑戰可能會阻止 Solana 重返 200 美元大關。破產的 FTX 財產即將釋放約 4,100 萬個 SOL 代幣，這一消息籠罩著市場。如此大規模的出售可能會產生巨大的拋售壓力，並有可能扭轉近期的價格上漲。

Conversely, trading activity suggests a heightened likelihood of price appreciation, indicating that Solana may be poised to breach the $200 barrier and continue its upward trajectory.

相反，交易活動表明價格升值的可能性增加，表明 Solana 可能準備突破 200 美元大關並繼續其上漲軌跡。