随着FTX和Alameda继续清算资产，Solana（Sol）价格下跌125美元以下

随着FTX和Alameda Research继续清算资产以偿还债权人，Solana的价格已低于125美元的成绩。

The price of Solana (SOL) fell below $125 on Monday as FTX and Alameda Research continue to liquidate crypto assets to repay creditors.

周一，FTX和Alameda Research继续清算加密资产以偿还债权人，Solana（Sol）的价格下跌低于125美元。

The recent price drop comes as large transactions from wallets linked to these entities were spotted. According to Arkham Intelligence, Alameda unstaked over $23 million in SOL tokens and distributed them across 38 different addresses on Sunday.

最近的价格下跌是因为发现了与这些实体相关的钱包的大型交易。根据阿卡姆情报公司（Arkham Intelligence）的说法，阿拉米达（Alameda）在周日的38个不同地址中未存储超过2300万美元的SOL令牌。

ARKHAM ALERT: ALAMEDA ADDRESS JUST UNSTAKED $23M SOL TO 38 NEW ADDRESSES

Arkham Alert：Alameda地址刚刚未固定的2300万美元SOL到38个新地址

An FTX/Alameda Staking address received $22.9M SOL from a staking address unlock and has just distributed these funds to 37 addresses that have previously received SOL from this address.

FTX/Alameda Staging地址从Staking Admet Unlock中获得了2290万美元的SOL，并将这些资金分配给了37个以前从该地址收到SOL的地址。

These addresses… pic.twitter.com/9eWuKAY4na

这些地址…pic.twitter.com/9ewukay4na

— Arkham (@arkham) March 12, 2025

- 阿卡姆（@arkham）2025年3月12日

This action has added to the selling pressure on SOL. As these funds are potentially being moved to exchanges, market participants have become wary.

该动作增加了SOL的销售压力。由于这些资金可能会转移到交流，因此市场参与者变得警惕。

The distribution of tokens to multiple addresses suggests preparations for market sales, while buyers are hesitant due to the possibility of further price drops.

代币到多个地址的分布表明，为市场销售做准备，而买家由于可能进一步下跌而犹豫。

The liquidation of FTX and Alameda Research assets has been closely followed by crypto traders and analysts. Since November 2023, FTX and Alameda Research have unstaked approximately 8 million SOL tokens, valued at nearly $1 billion.

FTX和Alameda研究资产的清算紧随其后的是加密交易者和分析师。自2023年11月以来，FTX和Alameda Research已将约800万个SOL令牌固定在价值近10亿美元。

A significant portion of these tokens has already been sold through major exchanges like Coinbase (NASDAQ:COIN) and Binance. These sales have steadily pushed the price of Solana downwards over recent months.

这些代币中的很大一部分已经通过Coinbase（Nasdaq：Coin）和Binance等重大交易所出售。这些销售在最近几个月内稳步推动了Solana的价格。

A key unstaking event occurred in early March when FTX unlocked over 3 million SOL tokens, worth approximately $432 million at that time.

一项关键的脱节事件发生在3月初，当时FTX解锁了超过300万个SOL令牌，当时价值约4.32亿美元。

While other cryptocurrencies displayed positive momentum, Solana’s price remained sluggish in response. This lag compared to other altcoins like XRP and ADA highlights the impact of FTX’s continuous liquidations.

尽管其他加密货币表现出积极的势头，但索拉纳的价格仍然迟钝。与XRP和ADA（ADA）相比，这一滞后突出了FTX连续清算的影响。

The market is keeping an eye on 5.5 million SOL tokens, valued around $693 million, still held by FTX and Alameda. These assets could be unstaked or sold at any moment.

该市场正在关注550万个SOL令牌，价值约6.93亿美元，仍然由FTX和Alameda持有。这些资产可以随时不可存放或出售。

This overhanging supply creates a cloud over Solana’s price recovery chances. Even with broader market conditions improving, Solana may struggle to gain upward momentum.

这种悬垂的供应造成了Solana的价格恢复机会的云。即使市场状况更广泛，Solana也可能难以获得向上的动力。

Despite positive economic indicators like cooling U.S. inflation data, traders appear unwilling to accumulate Solana while the risk of further selling persists. Many are waiting for clarity on when the FTX liquidation process might conclude.

尽管有积极的经济指标，例如冷却美国通货膨胀数据，但交易者似乎不愿积累Solana，而进一步销售的风险仍然存在。许多人正在等待FTX清算过程何时结束。

From a technical perspective, Solana’s price action shows weakness. After briefly reclaiming the $131 level, SOL quickly reversed as bears took control.

从技术角度来看，索拉纳的价格动作表现出弱点。在短暂地收回了131美元的水平之后，Sol随着熊的控制而迅速逆转。

The fall below the $125 support level is a concerning signal for traders. This price point is now viewed as a critical level for SOL’s future direction.

低于$ 125的支持水平的下跌是交易者的信号。现在，这个价格点被视为SOL未来方向的关键水平。

Some analysts point to an Elliott Wave pattern suggesting a potential reversal around $112. This technical formation could provide temporary support if reached.

一些分析师指出，埃利奥特（Elliott）波浪模式表明，潜在的逆转约为112美元。如果达到的话，这种技术形成可以提供临时支持。

According to crypto analyst CryptoUB, the $127 level has seen multiple rejections. This level now serves as a key decision point for trading strategies.

根据加密分析师Cryptoub的说法，这笔127美元的级别已有多次拒绝。现在，此级别是交易策略的关键决策点。

Another market observer, CW8900, noted a strong sell wall around $180. However, a buy wall at current prices may provide some support and prevent further sharp declines.

另一位市场观察家CW8900指出，卖出的墙壁大约是$ 180。但是，以当前价格的购买墙可能会提供一些支持，并防止进一步的急剧下降。

In other news, a major governance proposal for Solana failed to pass. The proposal, known as SIMD-228, aimed to change Solana’s inflation system.

在其他新闻中，索拉纳的一项主要治理提案未能通过。该提案被称为SIMD-228，旨在改变Solana的通货膨胀系统。

The proposal would have reduced inflation by up to 80% according to some estimates. It would have replaced the fixed inflation schedule with a dynamic model based on staking participation.

根据一些估计，该提案将使通货膨胀率最高多达80％。它将用基于积分参与的动态模型代替固定的通货膨胀计划。

Despite gathering the largest voter turnout in crypto governance history, the proposal fell short, receiving 43.6% votes in favor, below the required 66.67% threshold.

尽管收集了加密治理历史上最大的选民投票率，但该提案不足，获得了43.6％的选票，低于所需的66.67％的门槛。

Solana’s current inflation rate stands at 4.66%. The existing model starts at 8% annually and decreases by 15% each year until reaching 1.5%.

Solana目前的通货膨胀率为4.66％。现有模型每年从8％开始，每年下降15％，直到达到1.5％。

The high inflation rate can increase selling pressure on SOL tokens, adding another factor besides FTX liquidations that may affect price performance.

高通货膨胀率可以增加对SOL令牌的销售压力，增加了可能影响价格性能的FTX清算以外的另一个因素。

Despite the proposal’s failure, Multicoin Capital co-founder Tushar Jain called it a victory for Solana’s governance process. The vote demonstrated high community engagement with around 74% of the staked supply participating.

尽管提案失败了，但Multicoin Capital联合创始人Tushar Jain称这是Solana治理过程的胜利。投票表明社区参与度很高，约有74％的固定供应参与。

The price of SOL showed limited reaction to the governance vote results. The token dipped just 1.5% following the announcement of the proposal’s failure.

SOL的价格对治理投票结果的反应有限。在宣布该提案失败之后，令牌仅下降了1.5％。

However, Solana has seen a steep decline of nearly 60% over the past two months. This drop coincided with the end of the memecoin trading boom on the network.

但是，在过去的两个月中，索拉纳（Solana）的急剧下降了近60％。该下降与网络上的Memecoin交易繁荣的结束相吻合。

Network revenue has also dropped by over 90% as memecoin activity has slowed. This reduction in network activity adds another headwind to Solana’s price recovery.

由于Memecoin活动减慢，网络收入也下降了90％以上。网络活动的减少增加了Solana的价格恢复。