Sol Price等待SEC判决为SOLANA（SOL）网络活动弹性计数器看跌情绪

索拉纳（Solana）的本地代币SOL最终在2月1日收于220美元以上，目前从1月19日起，其历史最高点的交易高于其历史最高水平295美元。

Solana’s native token, SOL, has been trading below a key technical level for over two weeks, and onchain metrics now suggest that traders have become more pessimistic about the cryptocurrency's price.

Solana的本地令牌SOL已在关键技术水平以上的交易已经超过两个星期，而OnChain指标现在表明，交易者对加密货币的价格变得更加悲观。

 

SOL’s price last closed above $220 on Feb. 1, and it has since dropped by 32% from its all-time high of $295 on Jan. 19. The cryptocurrency currently trades at $200, according to Binance.

索尔的价格最终收于2月1日的220美元，此后从1月19日的历史最高高点下降了32％。根据Binance的数据，加密货币目前的交易价格为200美元。

Traders’ sentiment has worsened, according to SOL derivatives metrics, while the latest decline in Solana network activity could further dampen the odds of reclaiming bullish momentum.

根据SOL衍生品指标的说法，商人的情绪恶化了，而Solana网络活动的最新下降可能会进一步削弱收回Bullish势头的几率。

Solana onchain activity drops by 28%

Solana Onchain活动下降了28％

Onchain transaction volumes for Solana declined by 28% in the seven days ending Feb. 10, totaling $31.8 billion, according to DefiLlama data.

根据Defillama的数据，截至2月10日的7天，Solana的OnChain交易量下降了28％，总计318亿美元。

 

The slowdown in decentralized exchange (DEX) activity likely signals the end of the recent memecoin frenzy, which peaked with the Official Trump (TRUMP) token launch on Jan. 19.

分散交易所（DEX）活动的放缓可能标志着最近的Memecoin Frenzy的结束，该纪念因在1月19日与官方特朗普（特朗普）的达到顶峰。

Solana’s onchain volumes drop 28% in the past 7 days, closely tracking declines in BNB Chain, Ethereum, Sui, and Polygon total volumes. (Dune Analytics)

Solana的OnChain量在过去7天中下降了28％，在BNB链，以太坊，SUI和Polygon总体积中紧密跟踪的下降。 （沙丘分析）

Memecoin trading slump and declining fees weigh on SOL price

MEMECOIN交易低迷和费用下降的重量

The drop in trading interest has also weighed on token prices, creating a negative feedback loop for SOL as lower fees reduce incentives for staking.

交易兴趣的下降也使代币的价格有所压力，由于较低的费用降低了积累的激励措施，因此造成了SOL的负反馈循环。

 

In the memecoin sector, Dogwifhat (WIF) is down 160% over 30 days, Goatseus Maximus (GOAT) corrected 67%, MooDeng (MOODENG) lost 69%, Peanut the Squirrel (PNUT) dropped 72%, and Just a Chill Guy (CHILLGUY) declined 75%. For comparison, Bitcoin (BTC) gained 2% over the same period.

在Memecoin行业中，Dogwifhat（WIF）在30天内下跌了160％，山羊马克西姆斯（Goatseus Maximus）（山羊）纠正了67％，Moodeng（Moodeng）损失了69％，松鼠（Pnut）降低了72％，只是一个冷酷的家伙（只是一个冷酷的家伙）（ Chillguy）下降了75％。为了进行比较，比特币（BTC）在同一时期获得了2％。

Among Solana’s decentralized applications, notable declines include a 47% drop in trading volumes on Orca and Phoenix and a 27% decrease in Raydium activity over the seven days ending Feb. 10.

在索拉纳（Solana）的分散应用中，值得注意的下降包括在2月10日截至2月10日的7天中，Orca和Phoenix上的交易量下降了47％，Raydium活动减少了27％。

However, it would be inaccurate to single out Solana as similar trends were observed across other blockchains.

但是，由于在其他区块链中观察到类似的趋势，因此不准确。

The 28% drop in Solana’s onchain volumes aligns closely with declines in competing networks, including BNB Chain, Ethereum, Sui, and Polygon.

Solana的OnChain量的28％下降与包括BNB链，以太坊，SUI和Polygon在内的竞争网络的下降紧密相吻合。

This suggests that the correction in memecoin prices and reduced DEX activity were not exclusive to Solana.

这表明，Memecoin价格的更正和DEX活动降低并非Solana独有。

Solana’s onchain transaction volumes closely follow those of BNB Chain, Ethereum, Sui, and Polygon. (Dune Analytics)

Solana的OnChain交易量非常遵循BNB链，以太坊，SUI和多边形的交易。 （沙丘分析）

Solana’s funding rate remains negative

Solana的资金率仍然为负

To assess whether SOL traders have turned more bearish, the perpetual futures funding rate serves as a key indicator, reflecting leverage demand imbalances.

为了评估溶胶交易者是否变得更加看跌，永久的期货融资率是关键指标，反映了杠杆需求不平衡。

Typically, long positions (buyers) pay funding fees for leverage, and a negative rate signals a more pessimistic market outlook for SOL.

通常，较长的头寸（买家）支付杠杆率的资金费用，负利率标志着SOL的更悲观的市场前景。

Data shows that SOL’s funding rate has remained mostly negative since Feb. 2, following its price drop below $220. This indicates weak demand from leveraged buyers.

数据表明，自2月2日以来，Sol的筹资率一直在$ 220以来一直是负面的。这表明杠杆买家的需求较弱。

However, this is not necessarily a bearish signal for SOL, as investors appear to be reacting to lower network activity and fees rather than betting against the token or anticipating a major negative event.

但是，这不一定是SOL的看跌信号，因为投资者似乎对较低的网络活动和费用做出了反应，而不是对代币或预期重大负面事件的押注。

Solana’s perpetual futures funding rate has been mostly negative since Feb. 2, indicating weaker demand from leveraged buyers. (Coinglass)

自2月2日以来，索拉纳（Solana）永久的期货融资率主要是负面的，表明杠杆买家的需求较弱。 （小店）

Solana’s TVL remains steady

Solana的TVL保持稳定

Solana’s total value locked (TVL) remains at 46.5 million SOL, largely unchanged from the previous month.

Solana的总价值锁定（TVL）仍为4650万SOL，与上个月相比几乎没有变化。

In comparison, Ethereum’s TVL grew 9% in ETH (ETH) terms over the past 30 days, while BNB Chain saw a 4% decline in BNB-denominated (BNB) deposits.

相比之下，以太坊的TVL在过去30天中以ETH（ETH）的术语增长了9％，而BNB链的BNB负债率（BNB）沉积物下降了4％。

This suggests that Solana is holding its ground relative to its competitors.

这表明索拉纳（Solana）与竞争对手相对于其竞争对手保持了自己的立场。

Solana’s total value locked has remained steady over the past 30 days, while Ethereum’s TVL grew by 9% and BNB Chain saw a 4% decline. (DeFiLlama)

在过去的30天中，索拉纳的总价值锁定一直保持稳定，而以太坊的TVL增长了9％，而BNB连锁店下降了4％。 （Defillama）

Solana second to Ethereum in key metrics

索拉纳在关键指标中以太坊第二

Alex Svanevik, CEO of blockchain analytics firm Nansen, noted that Solana has surpassed Ethereum in several key metrics, including active addresses, transactions, volumes, and fees.

区块链分析公司Nansen的首席执行官Alex Svanevik指出，Solana已超过了几个关键指标的以太坊，包括主动地址，交易，数量，数量和费用。

He pointed out that TVL remains the only area where Solana lags, though the gap has narrowed significantly over the past year.

他指出，TVL仍然是Solana滞后的唯一领域，尽管过去一年的差距大大缩小。

Despite new entrants like Aptos and Sui, Solana has consolidated its position as the second-largest blockchain ecosystem.

尽管新进入者像Aptos和Sui这样的新进入者，但Solana还是将其作为第二大区块链生态系统的地位合并。

Additionally, investors speculate that SOL could attract further institutional inflows if the US Securities and Exchange Commission approves a Solana spot exchange-traded fund (ETF).

此外，投资者推测，如果美国证券交易委员会批准了Solana现货交易所交易基金（ETF），SOL可能会吸引进一步的机构流入。

Reportedly, Bloomberg analysts currently assign a 70% probability of

据报道，彭博分析师目前分配了70％的概率