Solana（Sol）是苦难最大的山寨币，原因不仅是市场

2025年2月被证明是SOL的价格（Solana的本地加密货币）的负数。

Solana (SOL) price has been on a downturn in February 2025, with a significant decline that may continue. Here's a closer look at the factors impacting SOL's price performance.

Solana（Sol）的价格在2025年2月一直处于低迷状态，可能会持续下降。这是影响SOL价格绩效的因素。

Solana's all-time high was $294 on January 19, coinciding with the launch of Trump's memecoin on the Solana blockchain. From $125 in September 2024, SOL's price surged rapidly, notching a +66% gain in 18 days of November. This growth was partly fueled by the "Trump trade," with Gary Gensler stepping down as SEC Chair and several key crypto cases closing.

1月19日，索拉纳（Solana）的历史最高高点为294美元，与特朗普（Trump）的Memecoin在Solana区块链上的推出相吻合。从2024年9月的125美元起，索尔的价格迅速飙升，在11月18天内获得了 +66％的收益。 “特朗普贸易”部分推动了这种增长，加里·加斯勒（Gary Gensler）辞去了SEC主席和几个关键加密案件结束。

However, Solana's boom was also driven by the massive success of Pump.fun and memecoins on the network.

但是，索拉纳（Solana）的繁荣也受到网络上的泵和成员的巨大成功的驱动。

Solana's troubles began with Trump's memecoin launch, with its token price initially surging to $70 but crashing to $30 three days later. By the second week post-launch, the token's price had dropped below $20. In recent weeks, it has hovered around $15, showing a descending lateralization that may still be unfolding.

索拉纳（Solana）的麻烦始于特朗普（Memecoin）的成员发行，其代币价格最初飙升至70美元，但三天后坠毁至30美元。发出后第二周，令牌的价格已降至20美元以下。最近几周，它徘徊在15美元左右，显示出可能仍在展开的下侧向化。

President Milei's promotion of a scamcoin on Solana also contributed to the network's shitcoin hype.

麦莉（Milei）总统在索拉纳（Solana）上宣传史camcoin也有助于该网络的shitcoin炒作。

Solana's (SOL) price has been on a downturn, with a significant decline that may continue. Here's a closer look at the factors impacting SOL's price performance.

Solana（Sol）的价格一直处于低迷状态，可能会持续下降。这是影响SOL价格绩效的因素。

Solana's all-time high was $294 on January 19, coinciding with the launch of Trump's memecoin on the Solana blockchain. From $125 in September 2024, SOL's price surged rapidly, notching a +66% gain in 18 days of November. This growth was partly fueled by the "Trump trade," with Gary Gensler stepping down as SEC Chair and several key crypto cases closing.

1月19日，索拉纳（Solana）的历史最高高点为294美元，与特朗普（Trump）的Memecoin在Solana区块链上的推出相吻合。从2024年9月的125美元起，索尔的价格迅速飙升，在11月18天内获得了 +66％的收益。 “特朗普贸易”部分推动了这种增长，加里·加斯勒（Gary Gensler）辞去了SEC主席和几个关键加密案件结束。

However, Solana's boom was also driven by the massive success of Pump.fun and memecoins on the network.

但是，索拉纳（Solana）的繁荣也受到网络上的泵和成员的巨大成功的驱动。

Solana's troubles began with Trump's memecoin launch, with its token initially surging to $70 but crashing to $30 three days later. By the second week post-launch, the token's price had dropped below $20. In recent weeks, it has hovered around $15, showing a descending lateralization that may still be unfolding.

索拉纳（Solana）的麻烦始于特朗普（Memecoin）的成员发射，其代币最初飙升至70美元，但三天后坠毁至30美元。发出后第二周，令牌的价格已降至20美元以下。最近几周，它徘徊在15美元左右，显示出可能仍在展开的下侧向化。

President Milei's promotion of a scamcoin on Solana also contributed to the network's shitcoin hype. As of February 1st, SOL's price was above $220, but it began a decline that may not be over yet. On February 3rd, it dropped to nearly $180 before recovering briefly. By February 17th, it fell below that level and has since dropped under $160. Currently, it's down -47% from its all-time highs a month ago, with a -15% loss in the last seven days.

麦莉（Milei）总统在索拉纳（Solana）上宣传史camcoin也有助于该网络的shitcoin炒作。截至2月1日，Sol的价格高于220美元，但开始下降可能还没有结束。 2月3日，它跌至近180美元，然后短暂恢复。到2月17日，它低于该水平，此后已下跌至160美元。目前，它比一个月前的历史高点下降了-47％，过去七天的损失为-15％。

The problem is that not only is the entire sector of memecoins, and shitcoins in general, going through a really tough time, but the same thing applies to altcoins in general. Taking the last seven days as a reference, while BTC is essentially even, ETH is at -3%, XRP at -9%, BNB at -5%, and Dogecoin at -13%. The fact that SOL in recent days is losing more than all these altcoins clearly reveals that its decline is not solely linked to the general drop in altcoins.

问题在于，不仅是整个Memecoins和Shitcoins的整个领域，而且经历了一个非常艰难的时期，而且总体上也适用于AltCoins。将最后七天作为参考，而BTC本质上是-ETH的-3％，XRP为-9％，BNB为-5％，而Dogecoin则为-13％。 SOL最近几天损失的事实比所有这些山寨币都更加清楚地表明，其下降不仅与AltCoins的总体下降有关。

In these seven days, Bitcoin's dominance has risen from 60.7% to 61.6%, and for a metric like this, it is a significant increase in such a short time.

在这七天中，比特币的优势从60.7％提高到61.6％，对于这样的度量，这是在这种短时间内的显着增加。

In fact, the altseason index of CMC has dropped from 38 to 27 points, getting very close to those 25 points below which the Bitcoin season begins, that is, a period in which BTC performs significantly better than altcoins, on average.

实际上，CMC的季季指数从38分下降到27分，非常接近比特币季节开始的25分，即BTC平均表现要比AltCoins高得多的时期。

Furthermore, there is an ongoing slowdown in on-chain activity on Solana, and an imminent token unlock. In light of all this, there are those who believe that the price of SOL could drop even below $150 in the short term, but it is not certain that in the medium term it could then start to rise again.

此外，在Solana上的链链活动和即将来临的令牌解锁都在不断放缓。鉴于所有这些，有些人认为SOL的价格在短期内甚至低于150美元，但不确定在中期，它可能会再次上升。

It was also discovered that the whales have increased their bearish bets on SOL with options on Deribit. In fact, the majority of trades on SOL were about put options, precisely those used to protect against bear markets.

还发现，鲸鱼通过deribit上的选择增加了对Sol的看跌赌注。实际上，SOL上的大多数交易都是关于PROT选择的​​，正是用于防止熊市的产品。

Note that the trading volume on Solana was concentrated 80% on put contracts, while for example this percentage was only 40% for BTC and 37.5% for ETH.

请注意，Solana的交易量集中在POT合同上80％，例如，BTC的百分比仅为40％，而ETH的百分比仅为37.5％。

Moreover, on the first of March, there will be an important token unlocking event (11.2 million

此外，在3月1日，将有一个重要的令牌解锁活动（1,120万