當鯨魚堆積並尖峰時，Sol的突破懸掛在線路上

Solana網絡上正在釀造大型東西。長期以來的以太坊競爭對手的1層區塊鏈現在正站在一個關鍵的十字路口。

The narrative on Solana is heating up as the layer-1 blockchain stands at a critical crossroads.

索拉納（Solana）的敘述正在加熱，因為第1層區塊鏈位於關鍵的十字路口。

After weeks of building strength and notching a monthly gain of over 40%, SOL has finally clawed its way to the $145 resistance level. But what happens next could define its short-term future.

經過數週的建立力量並獲得超過40％的每月增益，Sol終於將其推向了145美元的阻力水平。但是接下來發生的事情可以定義其短期未來。

Whales are piling in, on-chain activity is booming, and traders are circling—but there’s one catch. Unless SOL can decisively close above $145, this rally could still unravel.

鯨魚正在堆積，鏈上的活動正在蓬勃發展，交易者在盤旋 - 但有一個漁獲物。除非Sol可以果斷地超過145美元，否則該集會仍然可以解開。

Here’s a closer look at what’s unfolding on the Solana network.

這是對Solana網絡上正在發生的事情的仔細研究。

Solana Whales Are Making A Move As Interest In The Network Soars

隨著對網絡的興趣飆升，索拉納鯨正在採取行動

SOL recently broke free from a descending channel that had capped its momentum for several weeks. Now trading around $138, the coin is pressing up against a historically stubborn supply zone between $138 and $145—a level that has rejected bulls several times before.

索爾（Sol）最近擺脫了一個降落的頻道，該頻道已經限制了數週的勢頭。現在，這枚硬幣的交易額約為138美元，正朝著歷史上頑固的供應區施壓，在138美元至145美元之間，這一水平在幾次之前拒絕了公牛。

However, this time the narrative feels different.

但是，這次敘事感覺與眾不同。

Price action is showing higher lows and rising volume—a classic signal of a potential reversal. But the market needs confirmation—a clean daily close above $145—to fully flip the script. If that happens, analysts believe SOL could shoot toward $180, the next major resistance. But a failure here could invite a swift rejection, dragging the coin back toward its previous support levels.

價格動作顯示出更高的低點和增加的量，這是潛在逆轉的經典信號。但是，市場需要確認（每天都在145美元以上的清潔收盤價）才能完全翻轉腳本。如果發生這種情況，分析師認為SOL可以向180美元射擊，這是下一個主要阻力。但是，這裡的失敗可能會迅速拒絕，將硬幣拖回以前的支持水平。

Behind the scenes, whales are making bold moves. Galaxy Digital recently withdrew 606,000 SOL worth nearly $80 million from exchanges and staked 462,000 SOL ($60M)—a strong signal of institutional confidence.

在幕後，鯨魚正在大膽舉動。 Galaxy Digital最近從交易所中撤回了606,000美元，價值近8000萬美元，並將462,000 SOL（6000萬美元）投入使用，這是機構信心的強烈信號。

It’s not just about price speculation either. Solana’s fundamentals are heating up. The network just logged 29 million active addresses, a 17% spike, and over 374 million total transactions, besting every other chain.

這也不只是價格投機。 Solana的基本面正在加熱。該網絡剛剛記錄了2900萬個活動地址，17％的峰值和超過3.74億的總交所，擊敗了其他所有鏈條。

Solana's DEX volume also hit $2.27 billion, outperforming Ethereum, and transaction fees rose 42%, signaling strong user demand and expanding utility across DeFi, NFTs, and more.

Solana的DEX數量也達到了22.7億美元，表現優於以太坊，交易費用上漲了42％，這表明用戶需求強勁並擴大了跨DEFI，NFT等的效用。

Solana Network Activity Surges As Interest In The Chain Heats Up

隨著對鏈條的興趣，Solana網絡活動激增

But despite the bullish signals, the derivatives market is showing signs of hesitation.

但是，儘管有看漲的信號，但衍生品市場仍顯示出猶豫的跡象。

While Open Interest is up over 10%, and Options Volume surged nearly 165%, total volume actually dropped, and Options Open Interest declined 15%. This tells us that while interest is growing, traders are being selective—likely waiting to see if this breakout truly sticks before going all in.

雖然開放利息上漲了10％以上，並且期權量增加了近165％，總量實際下降，而期權開放興趣下降了15％。這告訴我們，雖然興趣正在增長，但交易者正在選擇性，很可能在等待這一突破是否真正粘住，然後才能全力以赴。

Meanwhile, a recent short squeeze wiped out $5.57 million in short positions, but Funding Rates remain neutral to slightly negative. Translation? There’s upward pressure—but not enough conviction for a full-blown bullish frenzy.

同時，最近的短暫擠壓票價為557萬美元，但資金率仍然中立至略有負數。翻譯？有向上的壓力 - 但信念不足以使成熟的看漲狂熱。

Solana Surpasses Ethereum In Derivatives Volume As Interest Booms

作為興趣繁榮

Ultimately, the fate of this rally rests on whether bulls can decisively claim the $145 zone and convert it into support.

最終，這次集會的命運取決於公牛是否可以果斷地要求145美元的區域並將其轉換成支持。

If that happens, a fast move to $180 is certainly on the table. But until then, Solana remains in limbo—loaded with potential, but still waiting for that spark to ignite the next leg up.

如果發生這種情況，那麼快速搬到180美元肯定會在桌子上。但是直到那時，索拉納仍然處於困境 - 充滿了潛力，但仍在等待那個火花點燃下一個腿。