随着Solana网络活动的减少，溶胶价格下降了26％

索拉纳（Solana）的原住民代币索尔（Sol）在1月24日至1月27日之间的价格下跌了17.2％。在触摸了其10天内的最低水平后，价格降至235美元

Solana’s native token (SOL) experienced a 17.2% price decline from Jan. 24 to 27. After reaching its lowest point in 10 days, the price recovered to $235, which is still 26% lower than its Jan. 19 all-time high of $295.

Solana的本地令牌（SOL）的价格从1月24日至27岁下降了17.2％。在10天内达到其最低点后，价格恢复到235美元，仍然比1月19日的历史最高水平低26％ $ 295。

This recent downturn can be partially attributed to a 40% decrease in Solana’s network onchain trading activity. Despite this short-term weakness, SOL has the potential for further gains in 2025.

最近的低迷可能部分归因于Solana的网络OnChain交易活动减少了40％。尽管短期弱点，但SOL仍有在2025年进一步提高的潜力。

Solana’s competitors demonstrated more resilience. BNB Chain volumes decreased by only 1%, while Ethereum’s base layer experienced a 10% decline in activity over seven days. It’s worth noting that other competitors and Ethereum layer-2 solutions also reported 25% to 30% lower onchain volumes during the same period.

索拉纳的竞争对手表现出了更多的弹性。 BNB链量仅减少了1％，而以太坊的基层在7天内的活动下降了10％。值得注意的是，其他竞争对手和以太坊第2层解决方案在同一时期还报告了25％至30％的链链量。

Within Solana’s ecosystem, Meteora, Orca, and Lifinity experienced notable declines in volumes, with drops of 45%, 62%, and 53%, respectively. However, the Pump.fun memecoin launchpad saw a 24% increase in volume during the same timeframe. Solana's Raydium platform remained the leader, recording $35.1 billion in weekly onchain activity.

在Solana的生态系统中，Meteora，Orca和Life量的体积显着下降，下降了45％，62％和53％。但是，在同一时间范围内，泵。 Solana的Raydium Platform仍然是领导者，每周的OnChain活动记录了351亿美元。

Solana TVL rose 27%, outperforming Ethereum and BNB Chain

Solana TVL上升了27％，表现优于以太坊和BNB链

It would be insufficient to evaluate SOL’s potential upside based solely on Solana’s onchain activity, which is heavily driven by decentralized exchanges (DEXs). Activities like staking, lending, and real-world assets (RWA) applications often don’t generate consistent onchain volumes. Therefore, total value locked (TVL) provides a more comprehensive measure of network usage.

仅根据Solana的OnChain活动来评估SOL的潜在上行空间，这是不足的，Solana的OnChain活动受到分散交换（DEX）的驱动。诸如Staking，Lending和Real World Assets（RWA）应用程序之类的活动通常不会产生一致的OnChain量。因此，总价值锁定（TVL）提供了更全面的网络使用度量。

The TVL on Solana increased by 27% in the 30 days ending Jan. 28, significantly outperforming both Ethereum, which declined by 9%, and BNB Chain, which slipped by 1%. This growth solidified Solana’s second-place position in the market, widening the gap with Tron. Notable contributors include Jito and Raydium, which saw deposits rise by 29%, and Binance Staked SOL, which grew by an impressive 52% during the month.

在截至1月28日的30天内，有关Solana的TVL增长了27％，这两个以太坊的表现均高出9％，而BNB链下降了1％。这种增长巩固了Solana在市场上的第二名，从而扩大了Tron的差距。值得注意的贡献者包括Jito和Raydium，它们的沉积物增长了29％，而二元固定的Sol则在这个月内增长了52％。

Ethereum’s recent activity decline can be linked to weaker performances in Lido, EigenLayer, and Ether.fi. Notably, staking platform EigenLayer, launched in June 2023, holds $13.6 billion in total value locked (TVL), surpassing the entire Solana ecosystem’s deposits. This highlights Ethereum's dominance and shows that some investors are still willing to pay $5 or higher transaction fees.

以太坊最近的活动下降可能与Lido，Eigenlayer和Ether.fi的表现较弱有关。值得注意的是，Staking Platform Eigenlayer于2023年6月推出，持有总价值锁定（TVL）136亿美元，超过了整个Solana生态系统的存款。这突出了以太坊的统治地位，并表明一些投资者仍愿意支付5美元或更高的交易费用。

To understand Solana traders’ sentiment, it’s crucial to examine the monthly SOL futures contracts premium. Futures contracts typically trade at a 5% to 10% premium over spot markets to account for their longer settlement periods. A premium above 10% indicates strong bullish sentiment, while levels below 5% suggest weaker buyer confidence.

要了解Solana Traders的情感，检查每月的SOL Futures合同保费至关重要。期货合约通常比现货市场以5％至10％的溢价交易，以解决其更长的和解期。高于10％的溢价表明了强烈的看涨情绪，而低于5％的水平表明买家的信心较弱。

On Jan. 27, SOL futures briefly spiked to a 12% annualized premium but quickly dropped back to 6%. This relatively low premium, despite a 21% price rally over the past 30 days, suggests a lack of enthusiasm among investors. Some analysts argue that recent SOL price gains were largely driven by memecoins and the launch of the Official Trump (TRUMP) token.

1月27日，Sol Futures短暂飙升至12％的年度溢价，但迅速降至6％。尽管过去30天的价格有21％的价格集会，但这种相对较低的保费表明投资者缺乏热情。一些分析人士认为，最近的索尔价格上涨主要是由成人和官方​​特朗普（特朗普）代币推出的。

Regardless of whether risk aversion stems from uncertainties in global economies or stock markets, the odds of SOL reaching a new all-time high in the short term appear slim. Some analysts point out that recent SOL price gains were largely driven by memecoins and the Official Trump (TRUMP) launch.

无论风险厌恶是否源于全球经济或股票市场的不确定性，SOL在短期内达到新历史最高的几率显得苗条。一些分析师指出，最近的Sol价格上涨主要是由Memecoins和官方特朗普（Trump）推出的。

Potential drivers for SOL’s future price appreciation include the migration of stablecoins from Tron to Solana and the increasing adoption of Web3 applications, particularly in the artificial intelligence sector.

SOL未来价格升值的潜在驱动因素包括将Stablecoins从Tron迁移到Solana以及Web3应用程序的越来越多，特别是在人工智能领域。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出于一般信息目的，不打算被视为法律或投资建议。这里表达的观点，思想和观点是作者独自一人，不一定反映或代表Cointelegraph的观点和观点。