Solana DEX 交易量飙升至 $16B，挑战以太坊的统治地位

Solana 的去中心化交易所 (DEX) 连续三天创下了前所未有的日交易量超过 50 亿美元的纪录，标志着市场动态发生了重大转变。

Solana (CRYPTO: SOL) is emerging as a strong contender in the decentralized finance (DeFi) space, evident in the record-breaking trading volumes on its decentralized exchanges (DEXs).

Solana（加密货币：SOL）正在成为去中心化金融（DeFi）领域的有力竞争者，其去中心化交易所（DEX）破纪录的交易量就证明了这一点。

Over a three-day period, Solana DEXs experienced unprecedented daily trading volumes, surpassing $5 billion. This marks a significant shift in market dynamics, with Solana posing a challenge to Ethereum’s (CRYPTO: ETH) dominance in the DEX landscape.

在三天的时间里，Solana DEX 的日交易量达到了前所未有的水平，超过了 50 亿美元。这标志着市场动态的重大转变，Solana 对以太坊（加密货币：ETH）在 DEX 领域的主导地位构成了挑战。

According to data from DeFiLlama, Solana DEX trading volumes reached $5.14 billion on November 11, $6.88 billion on November 12, and $7.03 billion on November 13. This brings the total trading volume to approximately $16 billion over three consecutive days.

根据 DeFiLlama 的数据，Solana DEX 交易量在 11 月 11 日达到 51.4 亿美元，11 月 12 日达到 68.8 亿美元，11 月 13 日达到 70.3 亿美元。这使得连续三天的总交易量达到约 160 亿美元。

During the week spanning November 10 to 16, aggregate DEX trading activity on Solana amounted to over $30 billion, reflecting a substantial 123% increase compared to the previous week.

11 月 10 日至 16 日一周内，Solana 上的 DEX 交易活动总额超过 300 亿美元，较前一周大幅增长 123%。

Key players driving this growth include Raydium and Orca. Raydium accounted for 62% of the total trading volume, contributing over $19 billion across seven days, while Orca captured 22%, achieving a weekly trading volume of $6.42 billion.

推动这一增长的主要参与者包括 Raydium 和 Orca。 Raydium 占总交易量的 62%，7 天贡献超过 190 亿美元，而 Orca 占 22%，每周交易量达到 64.2 亿美元。

These platforms' user-friendly interfaces and deep liquidity pools have been pivotal in fostering rapid adoption.

这些平台的用户友好界面和深厚的流动性池对于促进快速采用至关重要。

Memecoins have played a central role in fueling Solana’s DeFi resurgence. Platforms like Pump.fun, which launched several popular tokens such as PNUT and GOAT, have attracted significant traction.

Memecoin 在推动 Solana 的 DeFi 复兴中发挥了核心作用。 Pump.fun 等平台推出了 PNUT 和 GOAT 等多种流行代币，吸引了巨大的关注。

Pump.fun alone generated $348 million in annual revenue, underscoring its role as a leading app in the ecosystem.

仅 Pump.fun 就创造了 3.48 亿美元的年收入，凸显了其作为生态系统中领先应用程序的地位。

Beyond retail speculation, institutional investment in Solana-based decentralized applications (DApps) reached $173 million in Q3 2024, marking a 54% increase from the previous quarter. This growth underscores the ecosystem’s broad appeal, with capital inflows hitting their highest level since Q2 2022.

除了散户投机之外，2024 年第三季度机构对基于 Solana 的去中心化应用程序 (DApp) 的投资达到 1.73 亿美元，较上一季度增长 54%。这一增长凸显了该生态系统的广泛吸引力，资本流入达到 2022 年第二季度以来的最高水平。

Solana's Edge Over Ethereum

Solana 相对于以太坊的优势

Solana's performance is increasingly overshadowing Ethereum in DEX trading volumes. For several consecutive days in November, Solana’s DEX ecosystem consistently outpaced Ethereum’s, with trading volumes nearly doubling on November 9.

在 DEX 交易量中，Solana 的表现日益超越以太坊。 11 月份连续几天，Solana 的 DEX 生态系统持续超过以太坊，11 月 9 日交易量几乎翻倍。

Solana's appeal lies in its high-speed, low-cost infrastructure, attracting both retail and institutional users seeking efficient alternatives.

Solana 的吸引力在于其高速、低成本的基础设施，吸引了寻求高效替代方案的零售和机构用户。

Key metrics further highlight Solana’s rising prominence. In October 2024, Solana’s real economic value (REV) and total application revenue (TAR) reached 111% and 109% of Ethereum’s respective figures, marking a dramatic rise from just 1% in 2023.

关键指标进一步凸显了 Solana 日益提升的知名度。 2024 年 10 月，Solana 的实际经济价值 (REV) 和应用程序总收入 (TAR) 分别达到以太坊的 111% 和 109%，从 2023 年的仅为 1% 大幅上升。

These metrics reflect the network’s ability to generate substantial transaction fees and application revenue, reinforcing its growing footprint in DeFi.

这些指标反映了该网络产生大量交易费用和应用程序收入的能力，从而加强了其在 DeFi 领域不断增长的足迹。

Solana's impact extends beyond DeFi into decentralized physical infrastructure networks (DePIN). Projects like Hivemapper, which has mapped 28% of global roads, and Helium, supporting over 20,000 devices for U.S. carriers, demonstrate the network’s scalability and utility. Such ventures leverage on-chain settlements to optimize costs and efficiency.

Solana 的影响超出了 DeFi 范围，延伸到了去中心化物理基础设施网络 (DePIN)。 Hivemapper 等项目绘制了全球 28% 的道路地图，而 Helium 则为美国运营商支持超过 20,000 台设备，这些项目展示了该网络的可扩展性和实用性。此类企业利用链上结算来优化成本和效率。

Solana Nears $220 Amid Bullish Sentiment and Strong Technicals

在看涨情绪和强劲技术面的推动下，Solana 接近 220 美元

Solana (SOL) price chart. Source: Brave New Coin

Solana (SOL) 价格图表。来源：勇敢新币

Solana price recently experienced a surge to $219.10, indicating a 4.28% gain in 24 hours, according to the Brave New Coin data.

根据 Brave New Coin 的数据，Solana 价格最近飙升至 219.10 美元，24 小时内上涨 4.28%。

SOL is trading near the upper Bollinger Band at $227.06, signaling strong upward momentum and heightened volatility. This aligns with a bullish MACD crossover, showcasing positive histogram values and reinforcing the likelihood of sustained gains.

SOL 的交易价格接近布林带上轨，价格为 227.06 美元，表明强劲的上涨动力和波动性加剧。这与看涨的 MACD 交叉相一致，显示出正的柱状图值并增强了持续上涨的可能性。

Despite the technical strength, mixed sentiment indicators introduce a layer of caution. Social volume has significantly dropped, from 1,289 to 527, hinting at reduced retail engagement. However, this decline does not overshadow Solana’s bullish outlook.

尽管技术面强劲，但喜忧参半的情绪指标带来了一层谨慎。社交量大幅下降，从 1,289 条降至 527 条，这表明零售参与度有所下降。然而，这种下降并没有掩盖 Solana 的看涨前景。

With a balanced long/short ratio of 1.0222, showing 50.55% long positions, traders exhibit cautious optimism about Solana’s trajectory.

多空比率为 1.0222，多头持仓比例为 50.55%，交易者对 Solana 的走势表现出谨慎乐观的态度。