Solana（Sol）鲸鱼转储108688 SOL，以1,220万美元的价格在USDC中

索拉纳（Sol）鲸鱼以1.22亿美元的价格清算了108688 SOL（USDC），每个令牌为112.3美元，几乎与当天的最低价格相匹配。

A Solana (SOL) whale liquidated 108,688 SOL for $12.2 million in USD Coin (USDC) at $112.3 per token, almost touching the day’s lowest price.

索拉纳鲸（Sol）鲸鱼以1,220万美元的币（USDC）销售了108,688元，以每个令牌为112.3美元，几乎触及了当天的最低价格。

The move, which resulted in a staggering $7.48 million loss for the whale, saw the tokens being sold on Coinbase Pro at around 03:30 Coordinated Universal Time (UTC).

此举导致了鲸鱼的748万美元损失，使代币在Coinbase Pro上出售，大约在03:30协调的环球时间（UTC）。

The whale had initially withdrawn these tokens from Coinbase 11 months earlier when SOL traded at $181.

鲸鱼最初在11个月前从Coinbase中撤回了这些代币，当时Sol的交易价格为181美元。

The sale comes amid broader market uncertainty as Solana’s price fluctuated. The asset, known for its speed and low transaction fees, briefly dipped to $113—the lowest level in over a year—before rebounding to $123.

随着Solana的价格波动，更广泛的市场不确定性，此次销售是出售的。该资产以其速度和低交易费用而闻名，短暂降至113美元，这是一年以上的最低水平，然后反弹至123美元。

Solana Battles Key Levels as Market Struggles

随着市场斗争，索拉纳（Solana）与关键水平作斗争

SOL’s price action remains volatile despite reclaiming $123. The asset, currently the sixth-largest cryptocurrency with a market capitalization of $63.3 billion, saw a 24-hour trading volume surge of 48.6% to $6.3 billion, according to CoinMarketCap.

尽管收回了123美元，但Sol的价格行动仍然波动。根据CoinMarketCap的数据，该资产目前是目前的第六大加密货币，市值为633亿美元，其24小时交易量增长量为48.6％，至63亿美元。

This suggests renewed interest in the token, but analysts warn that key technical levels are still in play. A potential ‘death cross’—where the 50-day moving average crosses below the 200-day moving average in a bearish chart pattern—is forming.

这表明对代币产生了兴趣，但分析师警告说，关键的技术水平仍在起作用。潜在的“死亡交叉”是形成的50天移动平均线以低于200天的移动平均值的情况形成。

Historically, Solana’s last death cross in September 2024 preceded a rally to $294 within two months. If this trend repeats, a rebound could follow, though broader market conditions remain uncertain.

从历史上看，索拉纳（Solana）于2024年9月的最后一次死亡十字架在两个月内集会至294美元之前。如果这种趋势重复，尽管更广泛的市场状况仍然不确定，但可能会反弹。

SOL Price Falls Below Realized Price, Raising Bearish Concerns

索尔价格低于实现的价格，引起了看跌的关注

According to Glassnode data, on March 11, SOL fell below its realized price of $134 for the first time in almost three years.

根据GlassNode数据，3月11日，SOL在近三年来首次达到了其实现的价格低于134美元。

The realized price, which represents the average purchase price of all Solana tokens in circulation, is a critical technical indicator. When an asset trades below this level, it signals that many holders are at a loss, potentially increasing the pressure for further selling.

已实现的价格代表了所有流通中所有Solana代币的平均购买价格，这是一个关键的技术指标。当资产交易低于此级别时，它表明许多持有人正在亏本，可能会增加进一步销售的压力。

The last time SOL breached this price point was in March 2022, which coincided with the beginning of a prolonged downtrend. Although the asset eventually recovered to new highs in November 2023, similar breaches in 2020 and 2022 led to months of price weakness before any recovery commenced.

索尔（Sol）上一次违反这个价格点的时间是在2022年3月，这与长期下降趋势的开始相吻合。尽管该资产最终在2023年11月恢复到新的高点，但在2020年和2022年的类似违规行为导致了几个月的价格疲软，然后才能恢复。

Further complicating matters, Solana’s on-chain revenue and total value locked (TVL) have plummeted.

更复杂的事情，Solana的链收入和总价值锁定（TVL）暴跌。

DefiLlama data reveals that Solana’s network revenue has collapsed by 93% since January, falling from a record of $55.3 million to just $4 million last week. TVL has also declined significantly, decreasing by 50% over the same period, dropping from over $12 billion to $6.4 billion.

Defillama数据显示，自1月份以来，Solana的网络收入已崩溃了93％，从上周的5530万美元创下了400万美元的创造力。 TVL也大大下降，同期下降了50％，从超过120亿美元下降到64亿美元。

Memecoin Mania Fades, Weakening Solana’s Ecosystem

Memecoin Mania逐渐消失，削弱了Solana的生态系统

Solana’s recent price turbulence comes as memecoin trading—once the blockchain’s primary revenue driver—declines sharply.

Solana最近的价格动荡是因为Memecoin Trading（一旦是区块链的主要收入推动力），就急剧地限制了。

The platform’s memecoin frenzy peaked in January, fueled by the launch of tokens tied to former President Donald Trump and his wife Melania.

该平台的Memecoin Frenzy在一月份达到顶峰，这是由于与前总统唐纳德·特朗普（Donald Trump）和他的妻子梅拉尼亚（Melania）绑定的代币的推动。

According to VanEck, memecoin trading accounted for nearly 80% of Solana’s revenues at its peak. However, since Trump’s TRUMP token and MELANIA coin launched, both have collapsed, with TRUMP falling 86% from its peak and MELANIA plummeting 95%.

根据Vaneck的说法，Memecoin交易占Solana收入达到顶峰的近80％。但是，自从特朗普的特朗普代币和梅拉尼亚·硬币启动以来，两者都崩溃了，特朗普的高峰下降了86％，梅拉尼亚下降了95％。

Daily revenue on Pump.fun, Solana’s top memecoin trading platform, decreased by 95% from $15 million in January to just $800,000 in early March, as per Dune Analytics.

根据Dune Analytics，Solana最高的Memecoin交易平台的每日收入从1月份的1500万美元下降到3月初的800,000美元。

As memecoin trading slows, Solana’s reliance on this revenue stream is becoming more apparent.

随着Memecoin交易的减速，Solana对这一收入来源的依赖变得越来越明显。

With Solana’s on-chain fundamentals weakening and technical risks increasing, traders are closely monitoring key price levels. The descending channel in SOL’s price action has resistance at $134 and $130, while support levels lie at $120 and $115.

随着Solana的链基本面减弱和技术风险的增加，交易者正在密切监视关键价格水平。 SOL价格行动中的下降渠道的阻力为134美元和130美元，而支持水平为120美元和115美元。

If SOL manages to hold above $120 and then breaks past $128 with strong volume, it could pave the way for a rally toward $134. However, failure to maintain these levels could result in further downside pressure, especially if broader market conditions remain shaky.

如果索尔设法持有超过120美元，然后以强劲的数量中断了$ 128，则可以为134美元的集会铺平道路。但是，未能维持这些水平可能会导致进一步的下行压力，尤其是在更广泛的市场状况仍然摇摇欲坠的情况下。

Key Highlights:

关键亮点：

* A Solana (SOL) whale liquidated 108,688 SOL for $12.2 million in USD Coin (USDC) at approximately $112.3 per token on Friday, nearly touching the day’s lowest price.

*索拉纳（Sol）鲸鱼以1,220万美元的价格（USDC）清算了108,688旧金山（USDC），周五以每勤币约112.3美元，几乎触及了当天的最低价格。

* The move, which resulted in a staggering $7.48 million loss for the whale, saw the tokens being sold on Coinbase Pro at around

*此举导致鲸鱼损失了748万美元，使令牌在Coinbase Pro上被出售在附近