Solana 在市场复苏、监管批准和网络增强中飙升

市场复苏后，由于网络升级、比特币 ETF 在香港获得批准以及比特币减半的预期等积极发展，Solana (SOL) 的价格出现飙升。尽管取得了这些收益，Solana 的链上指标仍然看跌，表明抛售压力持续存在。

Solana's Resurgence Amidst Broader Market Recovery

Solana 在更广泛的市场复苏中复苏

Hong Kong's Regulatory Greenlight and Network Enhancements Drive Solana's Ascent

香港的监管绿灯和网络增强推动 Solana 的崛起

Solana's price has witnessed a significant resurgence, buoyed by a robust recovery in the cryptocurrency market. This rebound follows a prolonged period of bearishness, triggered by Iran's drone attack on Israel over the weekend. However, a recent network upgrade on the SOL blockchain, coupled with the approval of spot Bitcoin and Ether exchange-traded funds (ETFs) by the Hong Kong regulatory body, has propelled Solana to regain buying dominance.

在加密货币市场强劲复苏的推动下，Solana 的价格大幅回升。此次反弹是在伊朗周末对以色列发动无人机袭击引发的长期看跌之后出现的。然而，最近 SOL 区块链的网络升级，加上香港监管机构批准现货比特币和以太币交易所交易基金 (ETF)，推动 Solana 重新占据购买主导地位。

Green Lights for Spot Bitcoin ETFs Spur Market Confidence

现货比特币 ETF 的开绿灯刺激了市场信心

A key factor fueling Solana's recovery is the recent regulatory approval of spot Bitcoin ETFs in Hong Kong. This follows the green light given to nine spot Bitcoin ETFs in the United States on January 11. These approvals have boosted investor confidence, reflecting optimism that they could attract institutional investors and pave the way for ETF approvals for other cryptocurrencies, such as Solana.

推动 Solana 复苏的一个关键因素是香港监管机构最近批准现货比特币 ETF。此前，美国于 1 月 11 日批准了 9 只现货比特币 ETF。这些批准提振了投资者的信心，反映出人们对它们可以吸引机构投资者并为 Solana 等其他加密货币 ETF 批准铺平道路的乐观情绪。

Solana Network Upgrade Addresses Congestion Concerns

Solana 网络升级解决拥塞问题

Further contributing to Solana's resurgence is a recent network upgrade focused on addressing the blockchain's persistent congestion problems. In March, the SOL blockchain experienced a 75% transaction failure rate, primarily due to an influx of memecoin launches and increased user activity. Transaction volumes surged to $4 billion, far exceeding the daily average of $500 million observed in 2023. The latest update, version 1.17.31, represents the first in a series of planned upgrades aimed at alleviating Solana's network congestion. As a result, Solana-based memecoins, such as WIF, BONK, and MEW, have witnessed a surge in value over the past 24 hours.

最近的网络升级进一步促进了 Solana 的复兴，该升级的重点是解决区块链持续存在的拥塞问题。 3 月份，SOL 区块链的交易失败率高达 75%，这主要是由于 memecoin 的大量发行和用户活动的增加。交易量激增至 40 亿美元，远远超过 2023 年观察到的日均 5 亿美元。最新更新版本 1.17.31 是旨在缓解 Solana 网络拥塞的一系列计划升级中的第一个。因此，基于 Solana 的 memecoin，例如 WIF、BONK 和 MEW，在过去 24 小时内价值飙升。

On-Chain Metrics Remain Bearish Despite Price Surge

尽管价格飙升，链上指标仍然看跌

Despite Solana's price surge, its on-chain metrics continue to reflect bearish sentiment. Total fees on the network have declined and recently dipped below the $1 million mark. Additionally, the total value moved on-chain has decreased by $3 billion, as open interest in the SOL network has continued to decline over the past week.

尽管 Solana 的价格飙升，但其链上指标继续反映出看跌情绪。网络总费用有所下降，最近跌破 100 万美元大关。此外，由于 SOL 网络的未平仓合约在过去一周持续下降，链上转移的总价值减少了 30 亿美元。

Technical Analysis Points to Potential Short-Term Volatility

技术分析指出潜在的短期波动

Technical analysis of Solana's price action reveals a recent recovery from a low of $125, fueled by bullish news that triggered a surge in buying interest. As a result, SOL's price broke above several Fibonacci levels and regained the $150 mark. At the time of writing, SOL trades at $147.5, representing a gain of over 7% over the past 24 hours.

对 Solana 价格走势的技术分析显示，在利好消息引发购买兴趣激增的推动下，Solana 价格近期从 125 美元的低点回升。结果，SOL 的价格突破了几个斐波那契水平并重新回到 150 美元大关。截至撰写本文时，SOL 交易价格为 147.5 美元，过去 24 小时内涨幅超过 7%。

Buyers are currently attempting to push the price above the EMA20 trend line; however, if SOL fails to hold above $150, it could trigger a short-term sell-off. Resistance at the $150 level remains strong, further complicating the price action.

买家目前正试图将价格推至 EMA20 趋势线上方；然而，如果 SOL 未能守住 150 美元上方，可能会引发短期抛售。 150 美元水平的阻力仍然强劲，使价格走势进一步复杂化。

Both moving averages are trending downward, and the Relative Strength Index (RSI) is hovering below the midline, indicating a bearish bias. A sharp downturn and a close below the support line of $125 for the SOL/USDT pair could result in a strong defensive response from buyers, potentially leading to a rebound.

两条移动平均线均呈下降趋势，相对强弱指数（RSI）徘徊在中线下方，表明看跌倾向。 SOL/USDT 货币对的急剧下跌和收盘价低于 125 美元的支撑线可能会导致买家强烈的防御反应，从而可能导致反弹。

However, a drop below $125 could drag SOL's price towards the $100 mark. To prevent such a decline, buyers must hold the price above $160 and initiate a retest of the descending resistance line.

然而，跌破 125 美元可能会将 SOL 的价格拖向 100 美元大关。为了防止这种下跌，买家必须将价格维持在 160 美元以上，并重新测试下行阻力线。