Solana（Sol）價格在五天內集會25％，增長的Defi生態系統提示更多上升

Solana（Sol）價格在短短五天內就漲到了近25％，從5月6日的147美元上升到5月10日的183美元​​。拉力賽緊隨比特幣的突破超過$ 100,000

Key Insights

關鍵見解

* Solana (SOL) price has rallied nearly 25% in just five days, rising from $147 on May 6 to $183 by May 10. The rally followed Bitcoin’s breakout above $100,000 and helped fuel altcoin market momentum.

* Solana（Sol）的價格在短短五天內就增加了近25％，從5月6日的147美元上升到5月10日的183美元​​。拉力賽之後比特幣的突破突破超過100,000美元，並幫助助長了Altcoin市場勢頭。

* While SOL has since hovered near the $180 mark, growing on-chain activity and derivatives data hint at more upside ahead.

*雖然SOL徘徊在$ 180大關之後，但在鏈上活動和衍生品數據的增長提示提示。

* But not everyone remains bullish. Analysts like CryptoBullet warn that Ethereum may soon outperform Solana based on key technical breakdowns in the SOL/ETH pair.

*但不是每個人仍然看好。像Cryptobullet這樣的分析師警告說，以太坊可能很快根據SOL/ETH對中的關鍵技術細分勝過Solana。

* Solana’s DeFi ecosystem now surpasses the combined TVL of Arbitrum, Base, and Avalanche, according to the latest data from DefiLlama.

*根據Defillama的最新數據，Solana的Defi生態系統現在超過了仲裁，基礎和雪崩的組合。

* At present, Solana’s ecosystem holds $10.9 billion in locked value.

*目前，Solana的生態系統持有109億美元的鎖定價值。

* Raydium DEX saw a 78% increase in TVL over 30 days, while Jito's liquid staking solution posted a 41% gain.

* Raydium Dex在30天內的TVL增長了78％，而Jito的Liquid Staking解決方案的增長率為41％。

* Another staking platform, Marinade Finance, saw a 56% rise in TVL. These developments point to expanding user engagement across SOL’s decentralized finance (DeFi) sector.

*另一個Staking平台Marinade Finance的TVL增長了56％。這些發展指出，在SOL的分散財務（DEFI）領域擴大用戶參與度。

* In other news, Solana generated $43.3 million in base layer fees over the past 30 days, trailing only Tron’s $51.9 million and beating Ethereum's $24.9 million.

*在其他新聞中，Solana在過去30天內產生了4,330萬美元的基本層費用，僅落後於Tron的5190萬美元，擊敗了以太坊的2490萬美元。

Solana’s DApps revenue and chain fees are also approaching their three-month highs. This trend adds demand for SOL, the native token, as users need it to pay for transactions and interact with apps. Meanwhile, over 65% of the SOL supply remains staked, limiting available supply on the open market and setting a bullish tone for the token. The combined effect of higher DApp revenue and locked token supply has set a bullish tone for SOL.

Solana的DAPP收入和連鎖費也接近了三個月的高點。這種趨勢增加了對Sol的需求，即用戶需要支付交易並與應用程序進行交互的需求。同時，超過65％的SOL供應量仍固定，限制了公開市場上的可用供應，並為代幣設定了看漲的基調。較高的DAPP收入和鎖定令牌供應的綜合效果為SOL創造了看漲的基調。

Solana’s perpetual futures funding rate stands at 8%, falling within the neutral range of 5%–10%, according to Laevitas. A positive funding rate indicates traders are leaning long, but the modest percentage suggests restrained optimism.

根據Laevitas的數據，Solana的永久期貨融資率為8％，中立範圍在5％–10％的範圍內。正面的融資率表明貿易商傾向很長，但是不小的百分比表明了束縛的樂觀情緒。

At present, SOL still trades about 40% below its January 2025 high of $295. With no clear breakout catalyst, bulls remain cautious. However, sentiment could shift quickly if narratives like a potential Solana spot ETF approval or integration into state-level digital asset reserves gain traction. Tokenization of traditional assets on Solana is another area that could bring institutional interest.

目前，SOL仍低於其2025年1月高點295美元的交易。沒有明確的突破性催化劑，公牛仍然謹慎。但是，如果諸如潛在的Solana Spot ETF批准或集成到州級數字資產儲備的增益牽引力之類的敘述，情緒可能會迅速轉移。在索拉納（Solana）上進行傳統資產的象徵化是另一個可以帶來機構利益的領域。

Analyst Warns Ethereum Will ‘Crush’ Solana Price Soon

分析師警告以太坊很快就會“粉碎”索拉納價格

Not all market observers are convinced that SOL will lead the next leg of the altcoin cycle. In a May 10 post, trader CryptoBullet flagged a possible breakdown in the SOL/ETH weekly chart.

並非所有的市場觀察者都堅信SOL將領導Altcoin週期的下一個工作。在5月10日的帖子中，Trader Cryptobullet在SOL/ETH每週圖表中標記了可能的故障。

“People ask me why I think $SOL will underperform for the rest of the year. Just look at this chart $SOL/ETH 1W… In the next few months, #Ethereum will crush #Solana.”

“人們問我為什麼我認為$ sol在今年剩餘的時間裡都會表現不佳。只要看這張圖表$ sol/eth 1W…在接下來的幾個月中，#Ethereum會粉碎#Solana。”

He noted that the pair appears to be breaking down from a rising wedge—a pattern often viewed as bearish. If Ethereum starts outperforming SOL, it could shift capital flows back toward ETH, especially if Ethereum’s ETF narrative continues to gain steam.

他指出，這對夫婦似乎正在從上升的楔子中崩潰，這種模式通常被視為看跌。如果以太坊開始優於SOL，它可能會將資本流向ETH，尤其是如果以太坊的ETF敘述繼續獲得動力。

Solana continues to post strong on-chain fundamentals, from DApp revenue to staking and TVL growth. However, it faces competitive pressure from Ethereum as macro and technical factors converge.

索拉納（Solana）繼續發布強大的鏈基本面，從DAPP收入到Stating and TVL增長。但是，隨著宏觀和技術因素融合，它面臨著以太坊的競爭壓力。

SOL’s attempt to reclaim the $200 level may succeed in the short term. However, the broader question remains: Can Solana maintain its momentum if Ethereum reclaims the spotlight?

索爾（Sol）試圖在短期內取得200美元的恢復水平。但是，更廣泛的問題仍然存在：如果以太坊恢復了人們的關注，Solana能否維持其動力？

The network’s metrics paint a bullish picture, but traders are watching the SOL/ETH pair closely for what comes next.

該網絡的指標描繪了看漲的圖片，但交易者正在密切關注Sol/Eth對下一步。