Polygon Price Plunge：是​​​​否存在加密貨幣風險？

多邊形（Matic）價格下跌，引發了風險的關注。我們深入研究了推動下降的因素以及是否可以恢復。

Yo, crypto fam! Polygon (MATIC) has been taking a beating lately, and folks are starting to sweat about a potential plunge. Let's break down what's happening with the Polygon price, the risks involved, and what it all means for the broader cryptocurrency scene.

喲，加密貨幣。 Polygon（Matic）最近一直在進行毆打，人們開始對潛在的暴跌出汗。讓我們分解多邊形價格，涉及的風險以及對更廣泛的加密貨幣現場的意義。

Polygon Price: A Deep Dive

多邊形價格：深度潛水

Polygon's price has been on a downward spiral, hitting its lowest point since April 21. As the broader crypto sell-off gains momentum, Polygon (POL) dropped to $0.1915, down 32% from its highest point in May and a whopping 74% below its 2024 peak. This crash has slashed its market cap from $5.68 billion to a mere $2 billion today. Ouch!

Polygon的價格一直處於下降螺旋狀的速度，達到了自4月21日以來的最低點。隨著更廣泛的加密拋售增長勢頭，Polygon（POL）降至0.1915美元，比5月份的最高點下降了32％，低於其2024峰值的74％下降了74％。這次撞車事故已將市值從今天的56.8億美元削減到今天的20億美元。哎喲!

Why the Plunge? Competition Heats Up

為什麼要暴跌？競爭升溫

Polygon's underperformance is partly due to increased competition in the Layer-2 sector. Data shows Polygon holds a total value locked (TVL) of $1.17 billion and $2.3 billion in stablecoin supply. Compare that to Base, the Coinbase-backed Layer-2, which boasts $5.14 billion in TVL and $4.16 billion in stablecoins. Even Arbitrum (ARB) is ahead, holding over $3 billion in assets and $3.5 billion in stablecoins. And let's not forget Unichain, launched by Uniswap (UNI), which has quickly amassed $1.12 billion in assets and $316 million in stablecoins.

多邊形的表現不佳部分是由於第2層部門的競爭增加。數據顯示，Polygon的總價值鎖定（TVL）為11.7億美元和23億美元的Stablecoin Supply。將其與基礎相比，Coinbase支持的第2層（擁有51.4億美元的TVL和41.6億美元的Stablecoins）。即使是仲裁（ARB），持有超過30億美元的資產和35億美元的Stablecoins。而且，我們不要忘記由UNISWAP（UNI）推出的Unichain，該公司迅速積累了11.2億美元的資產和3.16億美元的Stablecoins。

The zkEVM Shutdown: Another Blow

ZKEVM關閉：另一個打擊

The Polygon token also took a hit following the shutdown of Polygon zkEVM, which was originally acquired as Hermes for $250 million. The CEO cited delayed technical execution, lack of product-market fit, and overly ambitious goals as the reasons for the decision. Not a good look, folks.

多邊形代幣在Polygon Zkevm關閉後也受到了轟動，最初以2.5億美元的價格收購了愛馬仕。首席執行官認為延遲的技術執行，缺乏產品市場契合以及過於雄心勃勃的目標是決定的原因。伙計們，這不是一個好看。

Silver Linings: Network Activity is Up

銀色襯裡：網絡活動已升起

It's not all doom and gloom, though. Nansen data indicates that Polygon's network activity is actually growing. The number of transactions jumped 33% over the past 30 days to 85.6 million, while active addresses rose 23% to 6.49 million. These numbers are even higher than Ethereum (ETH) in some metrics. Ethereum's active addresses rose by 5.5%, while its transactions rose to over 34 million. So, people are still using Polygon, which is a plus.

不過，這並不是厄運和憂鬱。 Nansen數據表明多邊形的網絡活動實際上正在增​​長。在過去的30天中，交易數量增長了33％，至8560萬，而活動地址則增長了23％至649萬。在某些指標中，這些數字甚至高於以太坊（ETH）。以太坊的活躍地址增長了5.5％，而其交易上漲至3400萬。因此，人們仍在使用多邊形，這是一個加號。

Technical Analysis: More Downside Ahead?

技術分析：未來的方面還有更多缺點？

Looking at the charts, things aren't too rosy. The POL token peaked at $0.7672 in December and has since plunged below the 23.6% Fibonacci retracement level at $0.2950. It's also fallen below its 50-day moving average, and both the MACD and Relative Strength Index are declining. Technical analysis suggests the token will likely continue dropping, with sellers targeting the year-to-date low of $0.1487—around 26% below the current level. A move above the 50% retracement level at $0.2195 would invalidate this bearish outlook.

看圖表，事情並不樂觀。 POL代幣在12月達到0.7672美元的峰值，此後一直低於23.6％的斐波那契回撤水平，為0.2950美元。它也降至其50天的移動平均水平，MACD和相對強度指數都在下降。技術分析表明，令牌可能會繼續下降，而賣方的目標低於0.1487美元，低26％。高於50％回撤水平（0.2195美元）的移動將使這種看跌前景無效。

The Meme Coin Mania: A Distraction?

模因硬幣躁狂症：分散注意力？

While Polygon is battling its issues, the meme coin market continues to buzz. Dogewifhat (WIF) on Solana has seen decreasing daily performance, while newcomers like Little Pepe ($LILPEPE) are gaining traction with their Layer 2 solutions and presales. While meme coins can be fun, they often distract from the serious developments in the crypto space.

當多邊形與其問題作鬥爭時，模因硬幣市場繼續嗡嗡作響。 Solana上的Dogewifhat（WIF）的日常表現降低，而Little Pepe（$ lilpepe）等新移民正在通過其2層的解決方案和預售獲得吸引力。儘管模因硬幣可能很有趣，但它們通常會分散加密空間中嚴重發展的注意力。

Final Thoughts: Is Polygon a Buy or a Bail?

最終想法：多邊形是購買還是保釋？

So, what's the verdict? Polygon is facing some serious headwinds, but it's not dead yet. The increased network activity is a positive sign, but the competition in the Layer-2 space and the zkEVM shutdown are weighing it down. Whether it's a buying opportunity depends on your risk tolerance and belief in Polygon's long-term potential.

那麼，判決是什麼？多邊形面臨一些嚴重的逆風，但還沒有死。增加的網絡活動是一個積極的跡象，但是第2層空間和ZKEVM關閉的競爭正在降低。購買機會是否取決於您對Polygon長期潛力的風險承受能力和信念。

In the meantime, keep an eye on those charts, stay informed, and don't bet the farm on any single crypto. After all, in the wild world of crypto, anything can happen!

同時，請密切關注這些圖表，了解情況，並且不要在任何單個加密貨幣上敢打賭。畢竟，在加密世界的野生世界中，任何事情都可能發生！