Solana（Sol）代币上涨了8％，因为投资者在杰罗姆·鲍威尔（Jerome Powell）的讲话之前转向风险更高的资产

索拉纳（Solana）的原住民代币Sol（Sol）在3月19日上涨了8％，因为投资者在美国美联储主席杰罗姆·鲍威尔（Jerome Powell）的讲话之前转向风险更高的资产。

Solana's native token, SOL (SOL), saw a 7.8% surge on Monday, reaching a high of $150.28 by 08:15 ET (12:15 GMT). This rise came ahead of US Federal Reserve Chair Jerome Powell's remarks, which are expected to keep interest rates unchanged but offer a softer inflation outlook for 2025.

索拉纳（Solana）的本地代币Sol（Sol）周一飙升了7.8％，高达150.28美元，到08:15 ET（GMT 12:15）。这一上升是在美国美联储主席杰罗姆·鲍威尔（Jerome Powell）的言论领先的，预计将使利率保持不变，但为2025年提供了柔和的通货膨胀前景。

The cryptocurrency market mirrored intraday movements in the US stock market, suggesting SOL's gains were not driven by industry-specific news, such as reports that the US Securities and Exchange Commission may drop its lawsuit against Ripple after clinging to it for four years.

加密货币市场反映了美国股票市场的盘中运动，这表明SOL的收益不是由特定于行业的新闻驱动的，例如报道说，美国证券和交易委员会可能会在坚持四年后撤销其针对Ripple的诉讼。

Russell 2000 small-cap index futures (left) vs. SOL/USD (right). Source: TradingView / Cointelegraph

Russell 2000小型指数期货（左）与SOL/USD（右）。资料来源：TradingView / Cointelegraph

At the same time, futures tied to the Russell 2000 small-cap index soared to their highest level in twelve days.

同时，与Russell 2000小型股指数相关的期货在十二天内飙升至最高水平。

Solana stands out as DApp activity slows down

当Dapp活动减慢时，Solana脱颖而出

On Monday, onchain data showed a 47% drop in Solana's onchain volumes over two weeks. However, similar declines were seen across Ethereum, Arbitrum, Tron, and Avalanche, highlighting broader industry trends.

周一，OnChain数据显示Solana的Onchain量在两周内下降了47％。但是，在以太坊，仲裁，特隆和雪崩中也看到了类似的下降，突出了更广泛的行业趋势。

Solana network's total value locked (TVL), a measure of deposits, hit its highest level since July 2022, further supporting SOL's bullish momentum.

Solana Network的总价值锁定（TVL）是一项衡量标准的衡量标准，它达到了自2022年7月以来的最高水平，进一步支持Sol的Bullish势头。

Solana total value locked (TVL), SOL. Source: DefiLlama

Solana总价值锁定（TVL），Sol。资料来源：Defillama

By March 17, Solana's TVL reached 53.2 million SOL, showcasing a 10% increase from the previous month. In comparison, BNB Chain's TVL rose 6% in BNB terms, while Tron's deposits fell 8% in TRX terms over the same period. Despite weaker activity in decentralized applications (DApps), Solana continued to attract a steady flow of deposits, highlighting its resilience.

到3月17日，Solana的TVL达到了5320万Sol，比上个月增长了10％。相比之下，BNB Chain的TVL以BNB的等级上涨了6％，而TRON的存款则在同一时期以TRX为单位下降了8％。尽管在分散应用中的活动较弱（DAPP），但Solana仍继续吸引稳定的沉积物流动，突出了其弹性。

Solana saw strong momentum, driven by Bybit Staking, which surged 51% in deposits since Feb. 17, and Drift, a perpetual trading platform, with a 36% TVL increase. Restaking app Fragmentic also recorded a 65% rise in SOL deposits over 30 days. In nominal terms, Solana secured its second-place position in TVL at $6.8 billion, outperforming BNB Chain's $5.4 billion.

索拉纳（Solana）看到了强大的动力，这是由拜比特（Bybit）占用的驱动，自2月17日以来，该势头飙升了51％，而Drift是一个永久交易平台的Drift，TVL增长了36％。 Restaking App Fragmentic在30天内还记录了SOL沉积物的65％上升。从名义上，索拉纳将其在TVL中的第二名为68亿美元，表现优于BNB连锁店的54亿美元。

Despite the market downturn, several Solana DApps remain among the top 10 in fees, outperforming larger competitors like Uniswap and Ethereum's leading staking solutions.

尽管市场低迷，但几个索拉纳·达普（Solana Dapps）仍然是十大费用之一，表现优于诸如Uniswap和以太坊的领先Statiking Solutions等较大的竞争对手。

Ranking by 7-day fees, USD. Source: DefiLlama

按7天的费用排名，美元。资料来源：Defillama

Solana's memecoin launchpad Pump.fun, decentralized exchange Jupiter, automated market maker and liquidity provider Meteora, and staking platform Jito are among the leaders in fees. More notably, Solana's weekly base layer fees have surpassed Ethereum's, which holds the top position with $53.3 billion in TVL.

Solana的Memecoin Launchpad Pump.Fun，分散的交易木星，自动化的做市商和流动性提供商Meteora以及Staking Platform Jito是费用的领导者。更值得注意的是，Solana的每周基层费用超过了以太坊的费用，以太坊的费用以533亿美元的TVL持有最高位置。

SOL derivatives hold steady as token unlock fears subside

Sol衍生物保持稳定，因为令牌解锁恐惧消退

While SOL price slid 27% over 30 days, derivatives demand remained balanced between longs (buyers) and shorts (sellers), as evident in the futures funding rate.

尽管Sol Price在30天内滑行了27％，但衍生品的需求在渴望（买家）和短裤（卖方）之间保持平衡，这在期货融资率中很明显。

SOL futures 8-hour funding rate. Source: CoinGlass

Sol Futures 8小时的资金率。资料来源：小店

Periods of high demand for bearish bets typically pushed the 8-hour perpetual futures funding rate to -0.02%, which equals 1.8% per month. When the rate turns negative, shorts are the ones paying to maintain their positions. The opposite occurs when traders are optimistic about SOL's price, causing the funding rate to rise above 0.02%.

对看跌赌注的高需求时期通常将8小时永久期货融资率提高到-0.02％，每月等于1.8％。当费率变负值时，短裤是为了维持自己的位置而付出的短裤。当交易者对SOL的价格乐观时，就会发生相反的情况，从而导致融资率上升到0.02％以上。

The recent price weakness was not enough to instill confidence in bears, at least not to the extent of adding leveraged positions. One reason for this can be explained by the reduced growth in SOL supply going forward, similar to inflation. A total of 2.72 million SOL will be unlocked in April, but only 0.79 million are expected for May and June.

最近的价格弱点不足以灌输对熊的信心，至少不是增加杠杆位置的程度。造成这种情况的原因之一可以通过与通货膨胀相似的溶胶供应量的下降来解释。四月份总共将解锁272万辆溶胶，但预计5月和6月只有79万辆。

Ultimately, SOL is well-positioned to reclaim the $170 level last seen on March 3, given the resilience in deposits, the lack of leverage demand from bears, and the reduced supply increase in the coming months.

最终，鉴于存款的弹性，熊的缺乏杠杆需求以及未来几个月的供应量减少，SOL凭借良好的收回，以收回3月3日上次出现的170美元水平。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author’s alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出于一般信息目的，不打算被视为法律或投资建议。这里表达的观点，思想和观点是作者独自一人，不一定反映或代表Cointelegraph的观点和观点。