由于市场范围内的抛售、TVL 的减少和链上活动对价格造成压力，SOL 每周下跌 9%

Solana 的原生代币 SOL 在过去一周下跌了 9%，仅 12 月 19 日就下跌了 3%。截至今天，SOL 的交易价格为 210 美元，比其股价低 20%

Solana's native token, SOL, experienced a 9% decrease in value over the past week, with a 3% drop on December 19 alone. At the time of writing, SOL trades at $210, which is 20% lower than its all-time high of $264, reached on November 24. This downturn in SOL's price can be attributed to several factors, including market-wide sell-offs, declining total value locked (TVL), and reduced on-chain activity.

Solana 的原生代币 SOL 的价值在过去一周下跌了 9%，仅 12 月 19 日就下跌了 3%。截至撰写本文时，SOL 的交易价格为 210 美元，比 11 月 24 日达到的历史高点 264 美元低了 20%。SOL 价格的下跌可归因于多种因素，包括市场范围内的抛售、锁定总价值（TVL）下降，链上活动减少。

Solana's price has been heavily influenced by the broader cryptocurrency market sell-offs, which were triggered by Federal Reserve Chair Jerome Powell's hawkish comments on the 2025 economic outlook. As a result of these statements, Bitcoin (BTC) saw a 2.7% decrease in its price, while Ethereum (ETH) dropped by 4.6%, indicating a general bearish sentiment in the market.

Solana 的价格受到更广泛的加密货币市场抛售的严重影响，这是由美联储主席杰罗姆·鲍威尔对 2025 年经济前景的鹰派评论引发的。由于这些声明，比特币 (BTC) 价格下跌 2.7%，而以太坊 (ETH) 价格下跌 4.6%，表明市场普遍看跌情绪。

The Federal Reserve decided to cut rates by 25 basis points, but Powell's statements following the announcement revised the 2025 inflation outlook to 2.5%, indicating that there will be limited further rate cuts. This led to a 3.8% decrease in the total crypto market cap over 24 hours, with the market cap now resting at $3.53 trillion.

美联储决定降息25个基点，但鲍威尔在宣布降息后的声明中将2025年通胀前景修正为2.5%，表明进一步降息的幅度有限。这导致加密货币总市值在 24 小时内下跌 3.8%，目前市值为 3.53 万亿美元。

Solana's total value locked (TVL) also saw a decrease of 4.5% over the last seven days. According to data from DeFiLlama, the TVL dropped from $9.37 billion on December 12 to $8.9 billion. This decline can be observed in the decreasing TVL of layer 2 protocols like Jito and Sanctum, which indicates a diminishing interest in Solana-based decentralized finance (DeFi) applications.

Solana 的总锁定价值 (TVL) 在过去 7 天内也下降了 4.5%。根据 DeFiLlama 的数据，TVL 从 12 月 12 日的 93.7 亿美元下降至 89 亿美元。这种下降可以从 Jito 和 Sanctum 等第 2 层协议的 TVL 下降中观察到，这表明人们对基于 Solana 的去中心化金融 (DeFi) 应用程序的兴趣逐渐减弱。

The decline in TVL is also reflected in the decreasing SOL price, with technical analysis suggesting that this trend could continue. On-chain data from Dune shows a drastic reduction in daily transactions on Solana's network, which have nearly halved since November 20. Additionally, daily revenues also fell from a year-to-date high of 55,832 SOL ($12 million) on November 23 to 5,391 SOL ($1.13 million) on December 18.

TVL 的下降也反映在 SOL 价格的下降上，技术分析表明这种趋势可能会持续下去。 Dune 的链上数据显示，Solana 网络的每日交易量大幅减少，自 11 月 20 日以来几乎减少了一半。此外，每日收入也从 11 月 23 日的年初至今最高点 55,832 SOL（1200 万美元）下降至12 月 18 日，5,391 SOL（113 万美元）。

Solana's price action on the daily timeframe shows an inverted V-shape pattern. Resistance can be found at the $215–$230 supply zone, while the Relative Strength Index (RSI) below 50 indicates seller dominance. Immediate support lies between $190 and $200, which is reinforced by the 100-day and 200-day exponential moving averages (EMAs). A close below $190 could push SOL toward the $150 level.

Solana 的每日时间范围内的价格走势呈现倒 V 形模式。阻力位在 215 美元至 230 美元的供应区域，而相对强弱指数 (RSI) 低于 50 则表明卖方占据主导地位。直接支撑位于 190 至 200 美元之间，100 日和 200 日指数移动平均线 (EMA) 强化了该支撑位。收盘价低于 190 美元可能会将 SOL 推向 150 美元的水平。

On the other hand, holding above $200 could invalidate the bearish outlook. Some optimistic analysts, like Jelle, anticipate a breakout, considering Solana's formation of a falling wedge and higher lows on lower timeframes. "Still believe this one is back in price discovery before Christmas. Bring on $300,” Jelle noted on December 18.

另一方面，维持在 200 美元上方可能会使看跌前景失效。考虑到 Solana 形成的下降楔形以及在较短时间范围内更高的低点，一些乐观的分析师（例如 Jelle）预计会出现突破。 Jelle 在 12 月 18 日指出：“仍然相信这款产品会在圣诞节前重新出现价格发现。请购买 300 美元。”

These trends present significant challenges for Solana, including declining TVL, suppressed on-chain activity, and stiff market resistance at crucial levels. However, the community's resilience and potential recovery in broader market conditions may support SOL's price rebound, according to Cointelegraph.

这些趋势给 Solana 带来了重大挑战，包括 TVL 下降、链上活动受到抑制以及关键水平上的强劲市场阻力。然而，据 Cointelegraph 报道，社区的韧性和更广泛市场条件下的潜在复苏可能会支持 SOL 的价格反弹。