索拉纳（Sol）价格在整个市场的低迷中都暴跌，但网络基本面仍然很强

加密货币市场是一个以其波动而闻名的领域，最近因全球经济不确定性的寒风所吸引

The cryptocurrency market has been largely snared by the wind of global economic uncertainty, largely credited to new tariffs that are impacting investors.

全球经济不确定性的风在很大程度上被加密货币市场所吸引，这在很大程度上归功于影响投资者的新关税。

Solana (SOL) has not been immune to this market-wide downturn. While its price action has taken a significant hit, retracing much of its March gains and retesting a critical support level, the underlying strength of the Solana network, particularly its Total Value Locked (TVL), tells a different story.

Solana（Sol）尚未不受这种整个市场的低迷感。尽管它的价格动作受到了重大打击，重新培训了其三月的大部分收益并重新测试了关键的支持水平，但Solana网络的基本优势，尤其是其总价值锁定（TVL）（TVL），都讲述了一个不同的故事。

This article delves into the intricate dynamics of Solana’s recent performance, exploring the factors driving its price decline, the resilience of its network metrics, and the potential implications for its future trajectory.

本文深入研究了Solana最近表现的复杂动态，探索了推动其价格下降的因素，其网络指标的弹性以及对未来轨迹的潜在影响。

What Happened: The cryptocurrency market, along with other asset classes, has been grappling with the repercussions of newly imposed tariffs, which have triggered a wave of investor anxiety.

发生的事情：加密货币市场以及其他资产类别一直在努力应对新强加的关税的影响，这些关税引发了一波投资者的焦虑。

Solana, a high-performance blockchain platform, has experienced a substantial price correction, sliding by as much as 24% from its Tuesday peak last week.

高性能区块链平台索拉纳（Solana）经历了大量的价格校正，比上周的星期二峰值下滑多达24％。

This sharp decline pushed SOL’s price as low as $112.24 in the last 24 hours, effectively erasing the gains achieved during the first half of March.

这种急剧下降使Sol的价格在过去24小时内的低至112.24美元，从而有效地消除了3月上半年所取得的收益。

The rapid retracement from the March 15th high also drew attention, as did the implications of this price action on a 12-month chart.

3月15日高的迅速回撤也引起了人们的关注，这一价格动作在12个月的图表上的影响也引起了人们的注意。

The broader cryptocurrency market has been particularly sensitive to macroeconomic developments. With the threat of escalating trade tensions and potential economic instability looming large, investors have adopted a risk-off approach.

更广泛的加密货币市场对宏观经济发展特别敏感。随着贸易紧张局势升级和潜在的经济不稳定的威胁，投资者采取了一种冒险方法。

This has resulted in widespread sell-offs across various asset classes, including cryptocurrencies, and saw traders gravitate towards safe-haven assets like the U.S. dollar and Japanese yen.

这导致了包括加密货币在内的各种资产类别中的广泛抛售，并且使交易员倾向于美元和日元等安全资产。

As the bears continue to exert dominance, presenting a formidable challenge to bulls, the brutal market conditions are testing the limits of cryptocurrencies’ resilience.

随着熊继续发挥主导地位，对牛队提出了巨大的挑战，残酷的市场条件正在测试加密货币弹性的局限性。

This brought us to the critical juncture of an 12-month support level at $112. A breach of this support could have significant consequences for SOL’s price trajectory, potentially paving the way for a slide towards the $100 mark.

这使我们达到了12个月的支持水平的关键，$ 112。违反这种支持可能会对SOL的价格轨迹产生重大影响，这有可能为滑行100美元的滑动铺平道路。

What To Know: The market environment is characterized by an abundance of FUD (Fear, Uncertainty, and Doubt), which is likely to further erode investor sentiment.

知道的是：市场环境的特征是大量的FUD（恐惧，不确定性和怀疑），这可能会进一步侵蚀投资者的情绪。

This prevailing pessimism could exacerbate the downward pressure on SOL’s price, potentially leading to a breach of the critical support level.

这种盛行的悲观主义可能会加剧对Sol价格的下降压力，这可能导致违反关键支持水平。

The formation of a bullish price-RSI divergence, even as the price edges towards $100, suggests a potential for a rebound.

看涨的价格 - rsi差异的形成，即使价格边缘为100美元，也表明有反弹的可能性。

A bullish divergence occurs when the price makes lower lows while the Relative Strength Index (RSI), a momentum indicator, makes higher lows. This divergence can signal a weakening of bearish momentum and a potential reversal of the downtrend.

当价格降低低点而相对强度指数（RSI）（动量指示器）造成较高的低点时，就会出现看涨的分歧。这种差异可以表明看跌动量的弱和下降趋势的潜在逆转。

However, despite this potential bullish signal, SOL spot flows have remained predominantly negative over the past four weeks.

然而，尽管有潜在的看涨信号，但在过去的四个星期中，SOL斑点流量仍然是负面的。

The lack of significant spot inflows, even during the recent support retest, indicates a lack of strong buying interest. This absence of buying pressure could further exacerbate the downward pressure on SOL’s price.

即使在最近的支持重新测试期间，缺乏大量的景点流入也表明缺乏强烈的购买兴趣。缺乏购买压力可能会进一步加剧索尔价格的下降压力。

What’s Next For Solana?: While SOL’s price action may suggest bearish dominance, the underlying strength of the Solana network, as evidenced by its Total Value Locked (TVL), presents a contrasting narrative.

Solana的下一步是什么？：尽管Sol的价格行动可能暗示看跌统治地位，但Solana网络的基本优势是其总价值锁定（TVL）证明的，但它表现出了对比的叙述。

Despite the price downtrend, the amount of SOL tokens locked in the network has been steadily increasing since late November.

尽管价格下降趋势，但自11月下旬以来，网络中锁定的SOL代币数量一直在稳步增加。

As of April 2nd, Solana’s TVL stood at an impressive 65.04 million SOL. This figure represents a nearly fourfold increase from the 16.61 million SOL locked in November.

截至4月2日，Solana的TVL站在令人印象深刻的6504万杆。这个数字比11月锁定的1661万杆近增加了近四倍。

This surge in TVL can be interpreted as a sign of long-term confidence in the Solana network.

TVL的这种激增可以解释为对Solana网络的长期信心的迹象。

A higher TVL indicates greater user adoption and confidence in the network’s long-term prospects. In contrast, a low TVL can be a sign of low demand for the network’s services.

较高的TVL表明用户对网络的长期前景的采用和信心更大。相比之下，较低的TVL可能表明对网络服务的需求低。

Solana’s TVL is approaching its all-time high (ATH) of 67.69 million SOL, which was reached in mid-June 2022. The fact that the network is nearing its record levels of coins locked, despite the prevailing bearish market conditions, underscores the resilience and strength of the Solana network.

Solana的TVL正在2022年6月中旬达到其历史最高（ATH）6769万杆。

In addition to its TVL, Solana’s network performance also shows resilience. The number of transactions on the Solana network reached a peak of 76.75 million on January 23rd.

除了其TVL外，Solana的网络性能还显示出弹性。 1月23日，Solana网络上的交易数量达到了7675万。

This peak in transactions coincided with the peak of SOL’s price on January 11th. However, in line with the subsequent bearish dominance, daily transactions have since declined and fell below 50 million. On April 2nd, the network registered 47.72 million transactions.

交易中的这个高峰与1月11日的Sol价格高峰相吻合。但是，根据随后的看跌优势，每天的交易自此下降，低于5000万。 4月2日，该网络注册了4772万笔交易。

Despite this, the volume of transactions on the Solana network remains at an all-time high, which is a testament to the strength of the network, even during a bearish

尽管如此，Solana网络上的交易量仍然保持到历史最高的高度，这证明了网络的强度，即使在看跌期间