Arbitrum (ARB)、Polygon (MATIC) 和 MultiversX (EGLD)：2025 年有卷土重来的希望吗？

对于许多加密货币来说，2024 年是充满挑战的一年，一些代币经历了大幅下跌。受打击最严重的是 Arbitrum (ARB)、Polygon (MATIC) 和 MultiversX (EGLD)，它们都是 2024 年表现最差的加密货币，年初至今 (YTD) 价值缩水超过 64%。

Cryptocurrency markets have faced a challenging 2024, with several tokens experiencing significant declines. Among the hardest hit are Arbitrum (ARB), Polygon (MATIC), and MultiversX (EGLD), each shedding over 64% of their value year-to-date (YTD). As these tokens scramble to find their footing, investors can’t help but wonder: is there any hope for a comeback in 2025, or will they keep slipping on the crypto banana peel?

加密货币市场面临充满挑战的 2024 年，多种代币出现大幅下跌。受打击最严重的是 Arbitrum (ARB)、Polygon (MATIC) 和 MultiversX (EGLD)，今年迄今 (YTD) 的价值均下跌了 64% 以上。当这些代币争先恐后地站稳脚跟时，投资者不禁想知道：2025 年是否有卷土重来的希望，还是会继续在加密货币香蕉皮上滑倒？

Arbitrum’s (ARB) Challenges in 2024

Arbitrum (ARB) 2024 年面临的挑战

Arbitrum, a prominent layer-2 solution for Ethereum, has joined the ranks of the worst performing cryptocurrencies of 2024. Currently priced at $0.5489, with a market cap of $2.18 billion and a 24-hour trading volume of $152 million, ARB has dropped 64.72% since the start of the year.

Arbitrum 是以太坊著名的 Layer 2 解决方案，已跻身 2024 年表现最差的加密货币行列。目前价格为 0.5489 美元，市值为 21.8 亿美元，24 小时交易量为 1.52 亿美元，ARB 已下跌 64.72自年初以来的百分比。

According to AltCryptoTalk, a pseudonymous analyst, the token is caught in a prolonged correction phase, held down by a descending trend channel. Analysts see the $0.587 resistance level as critical—if ARB breaks above it, it could signal a bullish reversal.

据匿名分析师 AltCryptoTalk 称，该代币陷入了长期修正阶段，受到下降趋势通道的压制。分析师认为 0.587 美元的阻力位至关重要，如果 ARB 突破该阻力位，则可能预示着看涨逆转。

Since reaching an all-time high of $9.86 in March 2023, ARB has lost a staggering 94.4% of its value. It briefly hit a low of $0.434 in Aug. 2024, recovering 26.4% since then. Moving into 2025, Arbitrum’s future depends on its ability to break this bearish cycle and rebuild market confidence.

自 2023 年 3 月达到 9.86 美元的历史高点以来，ARB 的价值已惊人地缩水了 94.4%。它在 2024 年 8 月短暂触及 0.434 美元的低点，此后反弹了 26.4%。进入 2025 年，Arbitrum 的未来取决于其打破这一看跌周期并重建市场信心的能力。

Polygon (MATIC) Faces Investor Concerns as Market Interest Fades

随着市场兴趣减弱，Polygon (MATIC) 面临投资者担忧

Polygon (MATIC) has struggled throughout 2024, trading at $0.3494 with a $915 million market cap. This marks a 64.00% year-to-date decline. Nonetheless, the blockchain boasts a robust ecosystem. However, the token has failed to maintain the investors’ interest with daily trading volume plummeting to $14.4 million, a factor that shows declining interest.

Polygon (MATIC) 在 2024 年一直举步维艰，交易价格为 0.3494 美元，市值为 9.15 亿美元。这标志着今年迄今下降了 64.00%。尽管如此，区块链拥有强大的生态系统。然而，该代币未能维持投资者的兴趣，每日交易量暴跌至 1440 万美元，这表明投资者的兴趣正在下降。

On chain data from IntoTheBlock reveals that nearly 98% of all of the MATIC holders are in a net negative position, with only 1% in the green at these prices.” This compares to open interest on MATIC derivatives which has significantly declined to $110 million, a level not seen in many months.

IntoTheBlock 的链上数据显示，近 98% 的 MATIC 持有者处于净负头寸，按这些价格计算，只有 1% 处于绿色头寸。”相比之下，MATIC 衍生品的未平仓合约已大幅下降至 1.1 亿美元，这是几个月来未见的水平。

Furthermore, exchange netflow shows a -$665.42k, which shows that people are withdrawing their tokens from exchanges more than depositing them, implying retreated investor sentiment.

此外，交易所净流量显示为 - 665.42k 美元，这表明人们从交易所提取代币的数量多于存入代币的数量，这意味着投资者情绪回落。

MATIC is hovering near a critical support level at $0.350 after months of decline. The RSI is at 36.33, signaling oversold conditions, but it doesn’t guarantee an immediate bounce. Sellers still dominate, with the Balance of Power (BoP) at -0.47. A drop below this support could lead MATIC toward $0.300. For a recovery, the token needs to break above $0.400 with increased buying interest. Without this, the downward trend could persist into 2025.

经过几个月的下跌后，MATIC 目前徘徊在 0.350 美元的关键支撑位附近。 RSI 位于 36.33，表明超卖状况，但并不能保证立即反弹。卖方仍占主导地位，权力平衡 (BoP) 为 -0.47。跌破该支撑位可能导致 MATIC 跌至 0.300 美元。为了实现复苏，代币需要突破 0.400 美元并增加购买兴趣。如果没有这一点，下降趋势可能会持续到 2025 年。

MultiversX (EGLD) at Risk: Could the Bearish Trend Push It to $17?

MultiversX (EGLD) 面临风险：看跌趋势能否将其推至 17 美元？

MultiversX (EGLD) has also faced steep losses in 2024, currently trading at $25.20 with a YTD decline of 64.56%. Analyst @s3kee recently highlighted a concerning development: EGLD has broken out of a symmetrical triangle pattern, which typically signals potential downside. If EGLD fails to hold support at $22.32, it could slide further to $17.

MultiversX (EGLD) 在 2024 年也面临巨额亏损，目前交易价格为 25.20 美元，年初至今下跌 64.56%。分析师 @s3kee 最近强调了一个令人担忧的事态发展：EGLD 已经突破了对称三角形模式，这通常预示着潜在的下行趋势。如果 EGLD 未能守住 22.32 美元的支撑位，则可能进一步下滑至 17 美元。

Adding to the negative sentiment, EGLD recently dropped out of the top 100 cryptocurrencies on CoinMarketCap, a sign of declining market interest.

EGLD 最近跌出了 CoinMarketCap 上的前 100 名加密货币，这表明市场兴趣下降，这加剧了负面情绪。

Adding to concerns, the MultiversX team is reportedly selling from its treasury and has canceled future events. This, combined with new allegations of instability within the ecosystem, such as the $BFY rug pull accusation, has rattled confidence in the project.

更令人担忧的是，据报道 MultiversX 团队正在从其财务中出售资产，并取消了未来的活动。再加上生态系统内部不稳定的新指控，例如 $BFY 地毯拉动指控，已经动摇了对该项目的信心。

Looking toward 2025, EGLD’s path to recovery depends on whether the team can regain trust and stimulate new interest. Without clear steps forward, EGLD could remain pressured in the year ahead, holding its place among cryptocurrencies that underperformed in 2024.

展望2025年，EGLD的复苏之路取决于团队能否重新获得信任并激发新的兴趣。如果没有明确的进展，EGLD 在未来一年可能会继续面临压力，在 2024 年表现不佳的加密货币中保持其地位。