Solana 的 TVL 在低活動期間暴跌

Solana 的總鎖定價值 (TVL) 已跌至本月最低點，反映出 Layer-1 網路活動的下降。

Solana’s total value locked (TVL) has dropped to its lowest point this month, indicating a decline in activity on the Layer-1 network. Over $1 billion has been withdrawn from Solana’s DeFi ecosystem since the beginning of the month.

Solana 的總鎖定價值 (TVL) 已降至本月最低點，顯示第 1 層網路的活動有所下降。自本月初以來，已有超過 10 億美元從 Solana 的 DeFi 生態系統中撤出。

The sharp fall in TVL can be attributed to a drop in daily active addresses on the network. This indicates a dwindling user base and reduced on-chain activity.

TVL 的急劇下降可歸因於網路上每日活躍地址的下降。這顯示用戶群不斷減少，鏈上活動減少。

Solana’s TVL Plummets Amid Low Activity

Solana 的 TVL 在低活動期間暴跌

According to DeFiLlama, Solana’s Total Value Locked (TVL) currently sits at $8.01 billion, reflecting a 12% decline since December 1. This equates to $1.1 billion exiting the ecosystem. The network’s leading DeFi protocol, Jito, has been hit particularly hard, recording a 28% drop in TVL over the past month. At the time of writing, Jito’s TVL is $2.66 billion.

據 DeFiLlama 稱，Solana 的總鎖定價值 (TVL) 目前為 80.1 億美元，自 12 月 1 日以來下降了 12%。該網路領先的 DeFi 協定 Jito 受到的打擊尤其嚴重，過去一個月的 TVL 下降了 28%。截至撰寫本文時，Jito 的 TVL 為 26.6 億美元。

Solana’s TVL decline mirrors the broader drop in usage during the period under review. According to Artemis, user activity on Solana has been on a downward trend since the start of the month. Over the past 21 days, 5.37 million unique addresses have completed at least one transaction on the L1, marking a 7% decline in activity on the chain.

Solana 的 TVL 下降反映了審查期間使用量的更廣泛下降。據 Artemis 稱，自本月初以來，Solana 上的用戶活動一直呈下降趨勢。在過去 21 天裡，537 萬個唯一地址在 L1 上完成了至少一筆交易，標誌著鏈上活動下降了 7%。

Moreover, due to Solana’s low usage, its network revenue has also decreased. This decline has been further worsened by SOL’s performance, with its value dropping by 28% over the past 30 days. According to Artemis’ data, the network’s revenue has plunged by 24% since December began.

此外，由於Solana的使用率較低，其網路收入也有所下降。 SOL 的表現進一步加劇了這種下跌，其價值在過去 30 天內下跌了 28%。根據 Artemis 的數據，自 12 月開始，該網路的收入已暴跌 24%。

Solana Price Analysis: Key Levels To Watch For In December

Solana 價格分析：12 月值得關注的關鍵水平

An assessment of the SOL/USD one-day chart has revealed the coin’s negative Chaikin Money Flow (CMF), which confirms its low demand. As of this writing, this indicator is at -0.04.

對 SOL/USD 一日圖表的評估顯示，該代幣的 Chaikin 資金流 (CMF) 為負值，這證實了其需求較低。截至撰寫本文時，該指標為-0.04。

An asset’s CMF measures its accumulation or distribution over a specified period, combining price and volume data. When the CMF value is negative, it indicates more market distribution (selling pressure) than accumulation (buying pressure), hinting at a sustained price decline. If SOL selloffs persist, its price may fall to $168.83.

資產的 CMF 結合價格和數量資料來衡量其在指定期間內的累積或分佈。當CMF值為負值時，表示市場分配（賣出壓力）多於累積（買進壓力），暗示價格持續下跌。如果 SOL 的拋售持續下去，其價格可能會跌至 168.83 美元。

However, this bearish projection will be invalidated if market sentiment shifts from negative to positive and buying activity recommences. In that scenario, SOL’s price will break above resistance at $187 and attempt to surge past $200.

然而，如果市場情緒從負面轉為正面並且購買活動重新開始，這種看跌預測將會失效。在這種情況下，SOL 的價格將突破 187 美元的阻力位，並試圖突破 200 美元。