Solana (SOL) 现在值得买入吗？

自 2020 年春季推出以来，Solana（CRYPTO：SOL）加密货币一直处于疯狂状态。最初每枚代币的交易价格不到 1 美元

Solana (CRYPTO: SOL) has seen wild price swings since launching in the spring of 2020. It traded for less than $1 at first, soared to $259 in the crypto boom of 2021, then fell below $10 in December 2022. More recently, Solana tagged along with Bitcoin (CRYPTO: BTC) is 2024, matching the larger cryptocurrency's moves with eerie precision most of the time. On the evening of December 18, one Solana coin was worth $202.

Solana（加密货币：SOL）自 2020 年春季推出以来，价格波动剧烈。最初其交易价格不到 1 美元，在 2021 年加密货币繁荣时期飙升至 259 美元，然后在 2022 年 12 月跌破 10 美元。与比特币（加密货币：BTC）一起标记的是 2024 年，大多数时候都以令人毛骨悚然的精确度与更大的加密货币的走势相匹配。 12 月 18 日晚，一枚 Solana 币价值 202 美元。

That's all in the rearview mirror by now, and it's time to look forward into 2025 and beyond. Is Solana a good buy, an overvalued sell, or a reasonably priced cryptocurrency you should hold if it's already in your crypto portfolio?

现在这一切都已成为过去，是时候展望 2025 年及以后了。如果 Solana 已经在您的加密货币投资组合中，那么 Solana 是值得买入、值得高估的卖出还是价格合理的加密货币？

Solana's rocky history

Solana 的坎坷历史

The steep price swings in recent years had their reasons. When the FTX crypto-trading service broke down in a spectacular fashion, it held a significant amount of Solana tokens that became entangled in the collapse. Investors quickly lost trust in Solana, and it didn't help that the scandal was unveiled in the middle of an inflation crisis and a crypto winter.

近年来价格的剧烈波动是有其原因的。当 FTX 加密货币交易服务以惊人的方式崩溃时，它持有大量 Solana 代币，这些代币陷入了崩溃。投资者很快就失去了对 Solana 的信任，而且在通胀危机和加密货币寒冬期间揭露这一丑闻也于事无补。

It took time to rebuild that damaged investor trust, even though the cryptocurrency itself didn't break the FTX platform. However, Solana provides valuable features that still inspired many app developers to use its in new projects. The cryptocurrency supports smart contracts like Ethereum (CRYPTO: ETH), but can execute these contracts faster and with lower fees. That's one way to recover from the winter of FTX-based distrust.

尽管加密货币本身并没有破坏 FTX 平台，但重建受损的投资者信任仍需要时间。然而，Solana 提供的宝贵功能仍然激励许多应用程序开发人员在新项目中使用它。该加密货币支持以太坊（CRYPTO：ETH）等智能合约，但可以更快地执行这些合约并以更低的费用。这是从基于 FTX 的不信任冬天中恢复过来的一种方法。

The developer interest reached a bullish tipping point about a year ago, resulting in dramatically higher transaction volumes and usage fees. There was a brief slowdown over the summer, followed by another intense spike of Solana usage and a consistent boost to average daily transaction counts.

大约一年前，开发商的兴趣达到了看涨的临界点，导致交易量和使用费大幅上升。夏季出现了短暂的放缓，随后 Solana 使用量再次大幅飙升，日均交易量持续增加。

In other words, people appear to have forgiven Solana for its unfortunate FTX connection and moved on to use the token in blockchain-based apps. It's a popular back-end for stablecoins and non-fungible tokens (NFTs), and its quick transaction settlement makes Solana useful in everyday payment systems. You may not have seen these blockchain tools in action yet, but they are quietly growing in popularity as consumers, businesses, and regulators become more comfortable with cryptocurrencies.

换句话说，人们似乎已经原谅了 Solana 不幸的 FTX 连接，并继续在基于区块链的应用程序中使用该代币。它是稳定币和不可替代代币 (NFT) 的流行后端，其快速交易结算使 Solana 在日常支付系统中非常有用。您可能还没有看到这些区块链工具的实际应用，但随着消费者、企业和监管机构对加密货币越来越满意，它们正在悄然流行起来。

The Solana project's ambitions

Solana 项目的雄心

Often seen as a so-called "Ethereum killer," Solana can handle many projects based on smart contracts. The Solana Foundation sees the coin as an integral part of the oncoming Web3 vision, where individuals hold more power over the internet experience than social network operators.

Solana 通常被视为所谓的“以太坊杀手”，它可以处理许多基于智能合约的项目。 Solana 基金会将代币视为即将到来的 Web3 愿景不可或缺的一部分，在该愿景中，个人比社交网络运营商对互联网体验拥有更多的权力。

Instead of "killing" the original smart contracts system, Solana's backers hope to win a significant portion of next-generation app designs in fierce competition with Ethereum and others.

Solana 的支持者希望在与以太坊和其他系统的激烈竞争中赢得下一代应用程序设计的很大一部分，而不是“杀死”原始的智能合约系统。

The surging usage statistics suggest that Solana is well on its way to a long-term success story. There is no shortage of high-performance cryptocurrencies today, and even Ethereum has boosted its execution speed in recent years. Still, Solana's platform offers a proven combination of speed, security, and a collaborative developer community.

激增的使用统计数据表明 Solana 正在迈向长期成功的道路。如今不乏高性能的加密货币，甚至以太坊近年来也提高了其执行速度。尽管如此，Solana 的平台还是提供了经过验证的速度、安全性和协作开发者社区的组合。

Final verdict: You may want to buy Solana right now

最终结论：您可能想立即购买 Solana

This cryptocurrency is here to stay. Solana has already built a robust user community and a very large market footprint. According to CoinMarketCap data, Solana is the sixth most valuable cryptocurrency today with a $99 billion market cap. That's comparable to household-name stocks such as coffee giant Starbucks (NASDAQ: SBUX) or tobacco titan Altria (NYSE: MO). Not too shabby for a four-year-old project that already survived one massive value meltdown.

这种加密货币将继续存在。 Solana 已经建立了强大的用户社区和非常大的市场足迹。根据 CoinMarketCap 数据，Solana 是当今第六大最有价值的加密货币，市值为 990 亿美元。这与咖啡巨头星巴克（纳斯达克股票代码：SBUX）或烟草巨头奥驰亚（纽约证券交易所股票代码：MO）等家喻户晓的股票相当。对于一个已经经历了一次大规模价值崩溃并幸存下来的四年前的项目来说，这并不算太破烂。

Solana's price has doubled this year, trailing behind Bitcoin in recent weeks. The main reason behind this lagging performance is that investors are stepping away from risky high-growth assets these days. The artificial intelligence (AI) boom is cooling off and economic regulators are taking steps to avoid another inflation-based panic.

Solana 的价格今年翻了一番，最近几周落后于比特币。业绩落后的主要原因是投资者目前正在远离高风险的高增长资产。人工智能（AI）热潮正在降温，经济监管机构正在采取措施避免另一场基于通胀的恐慌。

These are real market concerns, and current or prospective Solana investors should not ignore them. That said, the bearish attitudes shouldn't last long and many crypto investors expect leading crypto names to keep rising in 2025. At the same time, web3 ideas look more relevant every day and Solana should benefit greatly if and when that simmering vision transforms into a few killer apps.

这些都是真正的市场担忧，当前或潜在的 Solana 投资者不应忽视它们。也就是说，看跌态度不会持续太久，许多加密货币投资者预计领先的加密货币名称将在 2025 年继续上涨。与此同时，web3 想法看起来每天都变得更加相关，如果当这种酝酿已久的愿景转变为现实时，Solana 应该会受益匪浅。一些杀手级应用程序。

Solana deserves your consideration these days, unless you're convinced that cryptocurrencies are inherently and hopelessly worthless. But then you probably wouldn't have read this far. So I recommend taking a closer look at Solana's technical features and its role in the cryptocurrency ecosystem. Those findings may inspire you to grab a couple of Solana tokens.

如今，Solana 值得您考虑，除非您确信加密货币本质上毫无价值。但你可能不会读到这里。因此我建议仔细了解 Solana 的技术特性及其在加密货币生态系统中的作用。这些发现可能会激发您购买一些 Solana 代币。