聰明的錢修剪溶膠？索拉納（Solana）如何看著引擎蓋下方

儘管索拉納（Solana）在過去一年中成為零售業最喜歡的區塊鏈，但它的運行可能會逐漸結束，因為智能貨幣jeets sol usd hype hype。

While Solana has emerged as retail’s favorite blockchain over the past year, its run could be over as smart money jeets SOL USD for HYPE.

儘管索拉納（Solana）在過去一年中成為零售業最喜歡的區塊鏈，但它的運行可能會逐漸結束，因為智能貨幣jeets sol usd hype hype。

Solana’s spring rally just collided with a wall of institutional repositioning

Solana的春季集會只是與機構重新定位的牆相撞

On-chain data pulled at 10:00 UTC shows a net 1.2 million SOL (≈ $175 million) leaving exchange cold wallets in 48 hours, and trading desks are whispering the same source: a single multi-strategy fund.

UTC 10:00的鍊鍊數據顯示，淨120萬Sol（約1.75億美元）在48小時內將交換冷錢包留下，而交易桌正在竊竊私語：一個多策略基金。

That flow matches a public call from market maker Flood (@ThinkingUSD), who flagged the desk’s exit from SOL and simultaneous build in HYPE, Hyperliquid’s native governance token.

該流程與市政洪水（@thinkingusd）的公開電話相匹配，後者標記了桌子從Sol的退出，並同時建立了Hypliquid的本地治理令牌。

Why it matters: Solana is still the headline Layer-1 growth story—TVL has clawed back to $9.4 billion, stable-coin float is up 145% QoQ, and developer telemetry from Milk Road shows Solana added more net devs in 2024 than Ethereum.

它為何重要：Solana仍然是標題1層增長故事 - TVL恢復至94億美元，穩定的coin float量增長了145％QOQ，而來自牛奶路的開發人員遙測顯示Solana在2024年增加了淨DEV，而不是Ethereum。

But smart money is trimming exposure as the chain inches toward its psychological $10 billion TVL milestone.

但是，隨著連鎖店朝著其100億美元的TVL里程碑式的鏈條，聰明的錢正在修剪曝光。

Liquidity tells the story. Over the last 24 hours, SOL USD spot volume hit $2.3 billion, but half of that was aggressive sells, pushing price through the 50-day MA at $148.50 and leaving RSI south of 45.

流動性講述了這個故事。在過去的24小時內，Sol USD現貨量達到了23億美元，但其中一半是積極的賣出，將價格推高了50天的MA，為148.50美元，將RSI以45左右的位置離開。

By contrast, the HYPE/USDT volume on Hyperliquid exploded 50% to $200 million, with the price hitting a new local high of $0.89.

相比之下，超流動式的炒作/USDT數量爆炸了50％至2億美元，價格達到了新的本地高點0.89美元。

Hyperliquid’s TVL just crossed $400 million (+12% week-on-week), underscoring the fund’s bet on niche DeFi micro-structure rather than broad Layer-1 beta.

Hyperliquid的TVL剛剛闖入了4億美元（每週+12％），強調了該基金對NICHE DEFI微型結構而不是寬1層Beta的賭注。

There are some upshots, developers are still pouring in, 5.4 million daily transactions, Metamask’s Solana integration live, Raydium and Jupiter capturing $4.6 billion in combined TVL: but the question traders are asking now is whether congestion flashbacks will derail bullish momentum if volumes spike like January.

有一些取景，開發人員仍在湧入，每天540萬筆交易，Metamask的Solana Integration Live，Raydium和Jupiter捕獲了46億美元的TVL：但是交易者現在問的問題是，交易者現在問的是擁塞閃回是否會破壞Bullish Momentum Momentum Inform Momentum If Bolish Momentum If Bungim nif toblem nif tig nif lif toblem spike像一月一樣。

The last time SOL TVL hit eight figures, the network’s failure rate jumped to 40%, Coinbase paused withdrawals, and arbitrage desks retreated.

上次SOL TVL擊中了八個數字，該網絡的故障率躍升至40％，Coinbase暫停了撤回，並撤退了套利。

(Source)

（來源）

In short, fundamentals point up, order flow turns, and volatility is back on the tape.

簡而言之，基本面指向，訂單流動和波動率又回到了磁帶上。

Below, I break down the key support zones, liquidity pockets, and upside targets in a full SOL / USD price map—plus how to trade the fund rotation without getting front-run.

在下面，我在完整的SOL / USD價格圖中分解了關鍵支持區，流動性口袋和上行目標 - 此外，如何在不進行前進的情況下進行基金輪換交易。

While HYPE price soars, Solana is slipping into an acutely bearish pattern on a technical level, with SOL currently trading at a market price of $169 (representing a 24-hour change of -3.67%).

儘管炒作價格飆升，但索拉納（Solana）在技術層面上逐漸降至急性看跌模式，目前SOL以169美元的價格交易（佔24小時的變化為-3.67％）。

This arrives as SOL USD is rejected from a double-rejection at the upper trendline, spelling disaster in the local trading channel and heralding the dreaded ‘Golden McDonalds’ pattern that signals a bearish outlook to prevail in the short-term frame.

這是因為Sol USD在上層潮流中的雙重拒絕中被拒絕，在當地交易渠道拼寫災難，並預示了可怕的“ Golden McDonalds”模式，該模式標誌著在短期框架中佔上風的看法。

(SOLUSDT)

（solusdt）

However, a small foothold could save the day as the drop leaves SOL USD now in a direct retest of lower trendline support—a critical moment that, if well defended by Solana bulls, could prime a coiled spring launch to the upside.

但是，小立足點可以節省一天，因為落下的索爾美元現在直接重新重新進行了較低的趨勢支持，這一關鍵時刻，如果索拉納·牛（Solana Bulls）良好的防禦能力，可以將盤繞的春季發射推向上升。

Some positivity surrounds this possibility, not least of all the RSI, which is showing reduced bearish divergence amid the decline at a near-neutral 54.

某些陽性圍繞著這種可能性，尤其是所有RSI中的可能性，這表明在近乎中立的54中下降的情況下，看跌差異降低。

But it’s not withstanding that Solana double-rejected the 200DMA – a technical downturn is likely, especially as Trump once again damages crypto fundamentals with further trade tariff doom-bringer messages.

但是，儘管索拉納（Solana）雙重拒絕了200DMA，但可能並沒有承受技術的衰退，尤其是當特朗普再次以進一步的貿易關稅毀滅戰士的信息損害加密基礎知識時。

Every time Solana spikes in usage, the cracks begin to show. From wallet outages and validator stress to gas surges and DeFi blackouts, January’s congestion debacle reminded the market of one thing: Solana has scale, but no overflow valve.

每次使用Solana的使用情況時，裂縫就會開始顯示。從錢包的停電和驗證器壓力到煤氣潮流和Defi停電，一月份的擁塞崩潰使市場想起了一件事：Solana具有規模，但沒有溢出閥。

With institutional ETF filings stacking up and mobile-first dApp expansion underway through the Solana Seeker phone, that pressure is building again.

隨著機構ETF文件堆疊起來，通過Solana Seeker手機進行了移動優先的DAPP擴展，這一壓力再次增加。

Enter Solaxy, the first proper Layer-2 solution purpose-built for Solana. While the base chain barrels toward another $10 billion TVL peak, Solaxy lays the foundation to handle what comes next.

輸入Solaxy，這是第一個適用於Solana的專用2層解決方案。雖然基本鏈桶朝著另外100億美元的TVL峰朝上，但Solaxy奠定了基礎，以處理接下來的事情。

The infrastructure is already shipping. A Hyperlane-powered bridge connects Solaxy to the Solana mainnet. The block explorer is live. The Igniter protocol, which allows $SOLX holders to launch native rollup tokens, is operational. Ethereum compatibility is next.

基礎設施已經運輸。一座超車手驅動的橋將溶劑連接到Solana Mainnet。 Block Explorer是直播的。 IGNITER協議允許$ SOLX持有者啟動本機匯總令牌。接下來是以太坊兼容性。

This is not a vaporware roadmap; it’s an active build-out, happening in real time, with a serious and credible dev team.

這不是蒸氣軟件路線圖；這是一個積極的建築，實時發生，由一支認真而可信的開發團隊進行。

Solaxy isn’t some future dream. It’s a functioning Layer-2 ecosystem in the making, ready to defuse the time bomb of congestion before it detonates again.

Solaxy不是未來的夢想。這是一個運轉良好的第2層生態系統，準備在再次引爆之前將交通擁堵的定時炸彈變質。

But here’s the window: the $SOLX pres

但這是窗口：$ solx pres