趋势

Solana Futures在CME上的交易第一周不可或缺。紧随其后的首次亮相，周四推出了两个交易所交易的资金跟踪Sol Futures。

Institutions are slowly but surely setting their sights on Solana now that the dust has settled on the CME futures launch.

由于尘埃已经落在CME Futures Punain中，因此机构正在缓慢但肯定地对Solana的目光投向。

The Solana futures had a rather uneventful first week of trading on the CME.

Solana Futures在CME上的交易第一周相当顺利。

To put it mildly, the lackluster debut was followed by the launch of two exchange-traded funds tracking SOL futures. Volatility Shares unveiled the first SOL ETFs in the U.S., including a futures product and another offering designed to deliver two times (2x) the daily returns of SOL.

坦率地说，首次亮相的首次亮相之后，推出了两个交易所交易的资金，跟踪了Sol Sol Futures。波动率股票揭示了美国的第一个SOL ETF，包括期货产品和另一项产品，旨在提供两次（2倍）SOL的每日回报。

On day one, CME's Solana futures saw around $12 million in trading volume, a far cry from the launches of Bitcoin and Ethereum futures on the same platform. Breaking down the launch, the micro contract (representing 25 SOL) saw more activity than the larger contract (500 SOL), signaling a lack of substantial interest from institutional investors at this time.

在第一天，CME的Solana Futures的交易数量约为1200万美元，与在同一平台上的比特币和以太坊期货的推出相去甚远。分解发射时，微型合同（代表25个SOL）的活动比较大的合同（500 SOL）更多，这表明此时机构投资者缺乏重大利益。

However, there was more product-related news for SOL later in the week, which could have a larger impact on the asset going forward. Reports suggest that Fidelity could be preparing to file for a SOL ETF Trust.

但是，本周晚些时候，SOL与产品相关的新闻有更多的新闻，这可能会对未来的资产产生更大的影响。报告表明，富达可以准备为SOL ETF信托提出申请。

SOL wasn't the only token issuers were keen to create structured products around. Ripple Labs announced that the SEC has dropped its case against the firm, previously a major hurdle for XRP, the native token of the Ripple Ledger. Following the news, XRP soared over 13%, and the probability of ETF approval increased on prediction markets.

SOL并不是唯一的代币发行人渴望在周围创建结构化产品。 Ripple Labs宣布，SEC已将其针对该公司的案件放弃，这是Ripple Ledger的原住民XRP的重大障碍。新闻之后，XRP飙升了13％以上，而预测市场的ETF批准可能性也有所增加。

Earlier, SOL dominated spot trading with a 70-80% share relative to XRP, but this trend has reversed, with XRP now holding over 50% of the volume. The futures launch this week didn't shift this pattern as traders focused more on XRP.

早些时候，相对于XRP，SOL以70-80％的份额占据了现货交易，但这种趋势已经逆转，XRP现在持有超过50％的数量。本周期货推出并没有改变这种模式，因为交易者更多地关注XRP。

The extensive activity in XRP markets isn't surprising. Higher volumes were met with improved liquidity for XRP as the average 1% market depth rose steadily, now outpacing SOL.

XRP市场的广泛活动不足为奇。 XRP的流动性提高了，由于平均1％的市场深度稳定增长，现在已经超过SOL，XRP的流动性得到了提高。

Liquidity begets more liquidity, and with the regulatory obstacle removed, we might see similar product launches for XRP in the coming months. In January, the CME mistakenly released a mock webpage for both SOL and XRP futures. With one product launched and the second emerging from its regulatory stardust, we could soon witness more crypto futures products. XRP futures on the CME could see heightened demand if the underlying spot market is anything to go by.

流动性会带来更多的流动性，并且随着监管障碍的消除，我们可能会在未来几个月内看到XRP的类似产品。一月份，CME错误地发布了SOL和XRP期货的模拟网页。随着一种产品的推出，第二次产品从其监管星尘开始出现，我们很快就可以目睹更多的加密期货产品。如果基本现货市场需要实现，CME上的XRP期货可能会增加需求。

How much BTC trades on the weekend?

周末有多少BTC交易？

Bitcoin liquidity on weekends is showing signs of recovery in 2025, hinting at a possible reversal of the years-long decline. So far this year, Bitcoin's average daily 1% depth has been weakest midweek, particularly on Tuesdays and Wednesdays, and strongest on Fridays.

周末的比特币流动性显示了2025年恢复的迹象，暗示可能逆转了多年的下降。今年到目前为止，比特币的平均每日1％深度是最弱的星期中，尤其是在星期二和星期三，在星期五最强。

This marks a shift from last year when Saturdays and Sundays saw the weakest liquidity. Trade volumes on weekends, especially Sundays, have also increased, potentially drawing in more market makers.

这标志着与去年周六和周日流动性最弱的转变。周末，尤其是周日的贸易量也有所增加，有可能吸引更多的做市商。

What is driving this trend? A closer look at the hourly trading volumes reveals that the most significant surge in Sunday volumes occurred around 23:00 UTC, which coincides with the start of CME Futures trading. This suggests the shift is likely driven by institutional investors.

是什么推动了这一趋势？仔细观察每小时的交易量表明，周日卷中最重要的激增发生在23:00 UTC左右，这与CME Futures Trading的开始相吻合。这表明这种转变可能是由机构投资者驱动的。

Demand for continuous trading by traditional investors has been growing, pushing two of the biggest U.S. stock exchanges, Nasdaq and the NYSE, to offer round-the-clock trading.

传统投资者对持续交易的需求一直在增长，推动了美国最大的纳斯达克股票和纽约证券交易所最大的证券交易所，以提供全天候的交易。

WEMIX hack triggers liquidty crisis and price divergence.

Wemix Hack触发了液体危机和价格差异。

On February 28, Wemade's WEMIX blockchain platform suffered a $6.1 million exploit, with hackers stealing 8.65 million tokens from the Wemix Foundation's 'play bridge vault' wallet. The breach was only announced on March 3, after most of the stolen funds had been sold.

2月28日，Wemade的Wemix区块链平台的利用为610万美元，黑客从Wemix基金会的“ Play Bridge Bridge Vault”钱包中窃取了865万个令牌。大多数被盗资金被出售后，违规行为才于3月3日宣布。

The delayed announcement helped avoid immediate panic but allowed hackers to sell tokens in optimal liquidity conditions. WEMIX prices dropped 16% between 1:00 and 6:00 AM UTC immediately after the exploit on February 28 before stabilizing.

延迟的公告有助于避免立即恐慌，但允许黑客在最佳流动性条件下出售令牌。在2月28日剥削之前，Wemix的价格在UTC立即降低了1:00至6:00，然后稳定下来。

The market impact of the official announcement on March 3 was more severe as market makers, especially on unregulated platforms outside South Korea, pulled out of the market. WEMIX offshore 1% market depth dried up, reaching a record low of just $14K by March 5. As a result, between March 3 and 4, less than 24 hours, WEMIX prices plummeted an additional 27%.

由于做市商，尤其是在韩国以外的不受监管的平台上，官方宣布的市场影响更加严重，因此退出了市场。 Wemix Offshore 1％的市场深度枯竭，到3月5日到3月5日达到了创纪录的低至14,000美元。因此，在3月3日至4日之间，不到24小时，Wemix Price额外降低了27％。

This liquidity crunch has led to significant price disparities in WEMIX-USDT markets, with KuCoin and HTX showing over 20% price discrepancies. KuCoin's price is still 10% higher due to ongoing liquidity issues.

这种流动性紧缩导致了Wemix-USDT市场的重大价格差异，Kucoin和HTX的价格差异超过20％。由于持续的流动性问题，Kucoin的价格仍然上涨10％。

Following the hack, the Wemix Foundation announced a buyback plan to mitigate the damage and restore market confidence, kicking off on March 13. Considering the sharp decline in liquidity, the buyback could have a substantial impact on prices.

在黑客攻击之后，Wemix基金会宣布了一项回购计划，以减轻损失和恢复市场信心，并于3月13日开始。考虑到流动性的急剧下降，回购可能会对价格产生重大影响。

Turkish traders flock into Bitcoin amid political turmoil.

土耳其商人在政治动荡中涌入比特币。

Last week, Bitcoin saw increased demand in the Turkish

上周，比特币的需求增加了土耳其语