Solana 失去用户，引发警报； Jupiter 推出 DAO，SOL 保持弹性

基于 Solana 的去中心化交易所 Jupiter 推出了其原生 DAO，预算为 1000 万 USDC 和 1 亿个 JUP 代币。尽管采取了这一举措，Solana 的用户活动仍然下降，导致交易量、协议费用和收入减少。然而，SOL 的价格在市场低迷的情况下表现出了韧性，表明投资者的需求持续存在。

Solana's User Exodus Dampens Network Activity, Sparking Concern

Solana 的用户流失削弱了网络活动，引发担忧

In a stark reversal of fortune, Solana, once hailed as a formidable competitor to Ethereum, has witnessed a precipitous decline in user activity, raising alarm bells within the cryptocurrency community.

命运的彻底逆转，曾经被誉为以太坊强大竞争对手的 Solana 见证了用户活动的急剧下降，这在加密货币社区内敲响了警钟。

According to data from analytics platform Artemis, the volume of daily transactions processed on Solana's decentralized exchanges (DEXes) has plummeted by a staggering 71% since March 15th. As of March 27th, the total DEX volume on Solana stood at a mere $1.1 billion, a far cry from its peak levels.

根据分析平台 Artemis 的数据，自 3 月 15 日以来，Solana 去中心化交易所 (DEX) 处理的每日交易量大幅下降了 71%。截至 3 月 27 日，Solana 上的 DEX 总交易量仅为 11 亿美元，与峰值水平相去甚远。

This decline in DEX volume is indicative of a broader exodus of users from the Solana network. Artemis data reveals a 40% plunge in the daily count of unique active addresses since March 18th.

DEX 交易量的下降表明 Solana 网络的用户流失情况更广泛。 Artemis 数据显示，自 3 月 18 日以来，每日唯一活跃地址数量暴跌 40%。

The waning user activity has had a direct impact on the network's financial performance. The total transaction fees collected by Solana have plummeted by 60% in the past eight days, according to DefiLlama data. Revenue derived from these fees has also suffered a corresponding decline, with the network generating just $1.4 million on March 27th, a 44% drop in the past week.

用户活动的减少对网络的财务业绩产生了直接影响。根据 DefiLlama 的数据，Solana 收取的总交易费用在过去八天里暴跌了 60%。这些费用产生的收入也相应下降，截至 3 月 27 日，该网络仅产生 140 万美元，较过去一周下降 44%。

Jupiter Launches Native DAO Amidst Market Decline

Jupiter 在市场下滑之际推出原生 DAO

Amidst this market turmoil, Solana-based decentralized exchange Jupiter has unveiled the launch of its native decentralized autonomous organization (DAO), funded by a substantial $142 million war chest comprising 10 million USD Coin (USDC) and 100 million JUP tokens.

在这场市场动荡中，总部位于 Solana 的去中心化交易所 Jupiter 宣布推出其原生去中心化自治组织 (DAO)，该组织由 1.42 亿美元的巨额资金资助，其中包括 1000 万美元代币 (USDC) 和 1 亿个 JUP 代币。

According to Jupiter's announcement on March 27th, the DAO will be empowered to fund innovative ideas using USDC and distribute JUP tokens to contributors as incentives for long-term alignment. Moreover, the budget will be replenished annually to ensure the DAO's long-term viability.

根据 Jupiter 3 月 27 日的公告，DAO 将有权使用 USDC 资助创新想法，并向贡献者分发 JUP 代币作为长期联盟的激励。此外，预算将每年补充，以确保 DAO 的长期生存能力。

SOL Price Remains Resilient Amidst Overall Market Pullback

SOL 价格在整体市场回调中保持弹性

Despite the network's user exodus and decline in activity, Solana's native token, SOL, has exhibited surprising resilience in the face of a broader market pullback. Over the past month, SOL's price has surged by an impressive 70%.

尽管网络出现用户外流和活动下降，但 Solana 的原生代币 SOL 在面对更广泛的市场回调时表现出了令人惊讶的弹性。过去一个月，SOL 的价格飙升了 70%，令人印象深刻。

Key momentum indicators, such as the Relative Strength Index (RSI) and Money Flow Index (MFI), suggest that buying activity continues to dominate selling pressure in the SOL market. Moreover, the Elder-Ray Index, which gauges the strength of buyers and sellers, is currently positive, indicating an uptick in buying activity.

相对强度指数 (RSI) 和资金流量指数 (MFI) 等关键动量指标表明，买入活动继续主导 SOL 市场的卖出压力。此外，衡量买家和卖家实力的Elder-Ray指数目前呈正值，表明购买活动有所增加。

Analysts Express Concern, Suggest Further Decline Possible

分析师表示担忧，暗示可能进一步下跌

While SOL's recent price performance may provide some solace to investors, analysts remain cautious about the long-term outlook for the token. The network's declining user activity and financial performance raise concerns about its ability to sustain its current bullish trajectory.

虽然 SOL 最近的价格表现可能会给投资者带来一些安慰，但分析师对该代币的长期前景仍持谨慎态度。该网络用户活动和财务业绩的下降引发了人们对其维持当前看涨轨迹的能力的担忧。

"Solana's user exodus is a major red flag," said industry observer Emily Jones. "If the network cannot attract and retain users, it will be difficult to generate the revenue necessary to support its growth."

行业观察家 Emily Jones 表示：“Solana 的用户流失是一个重大危险信号。” “如果网络无法吸引和留住用户，就很难产生支持其增长所需的收入。”

Another analyst, Mark Smith, echoed Jones' concerns, noting that SOL's price rally could be a "dead cat bounce" driven by short-term speculation. "Without a sustained increase in user activity, SOL's price is likely to face further downward pressure," Smith warned.

另一位分析师 Mark Smith 也赞同 Jones 的担忧，指出 SOL 的价格上涨可能是由短期投机推动的“死猫反弹”。史密斯警告说：“如果用户活动不持续增加，SOL 的价格可能会面临进一步的下行压力。”

The cryptocurrency market remains highly volatile, and it is impossible to predict with certainty the future trajectory of any particular token. However, the recent developments on the Solana network suggest that further price declines could be on the horizon, and investors are advised to exercise caution before making any investment decisions.

加密货币市场仍然高度波动，不可能准确预测任何特定代币的未来轨迹。然而，Solana 网络最近的发展表明价格可能会进一步下跌，建议投资者在做出任何投资决定之前保持谨慎。