索拉納（Sol）價格在3月19日上漲8％，因為投資者轉向風險較高的資產

在美國美聯儲主席杰羅姆·鮑威爾（Jerome Powell）的講話之前

Solana's native token, SOLSOLUSD, surged 8% on March 19 as investors shifted towards riskier assets following US Federal Reserve Chair Jerome Powell's remarks. While interest rates are expected to remain unchanged, analysts anticipate a softer inflation outlook for 2025.

索拉納（Solana）的原住民代幣索爾索魯斯（Solsolusd）在3月19日飆升了8％，因為在美國美聯儲主席杰羅姆·鮑威爾（Jerome Powell）的講話之後，投資者轉向風險較高的資產。雖然預計利率將保持不變，但分析師預計2025年的通貨膨脹前景更柔和。

Moreover, key onchain and derivatives metrics for Solana suggest further upside for SOL price.

此外，Solana的關鍵Onchain和衍生品指標提出了Sol Price的進一步上漲空間。

The cryptocurrency market mirrored the movements in the US stock market during the Asian trading session, indicating that SOL's gains were not driven by industry-specific news. For instance, the SEC may drop its lawsuit against Ripple after four years of litigation.

加密貨幣市場反映了亞洲交易會期間美國股票市場的變動，這表明SOL的收益不是由特定於行業的新聞驅動的。例如，SEC在四年訴訟後可能會對Ripple提起訴訟。

Tracking US-listed small-cap companies, the Russell 2000 index futures soared to their highest level in twelve days.

追踪美國上市的小型公司，羅素2000指數期貨在十二天內飆升至最高水平。

Despite a broader slowdown in decentralized application (DApp) activity, Solana stands out. For instance, on March 19, onchain analytics firm Glassnode pointed out that Solana's TVL continues to rise despite weaker DApp trends.

儘管分散應用程序（DAPP）活動的放緩較大，但Solana還是突出的。例如，3月19日，Onchain Analytics公司GlassNode指出，儘管DAPP趨勢較弱，Solana的TVL仍在繼續上升。

Solana’s onchain volumes dropped 47% over two weeks, but similar declines were seen across Ethereum, Arbitrum, Tron, and Avalanche, highlighting industry-wide trends rather than Solana-specific issues. The Solana network's total value locked (TVL), a measure of deposits, hit its highest level since July 2022, further supporting SOL's bullish momentum.

Solana的Onchain量在兩週內下降了47％，但在以太坊，仲裁，Tron和雪崩中也下降了類似的下降，突出了整個行業趨勢，而不是特定於Solana的問題。 Solana Network的總價值鎖定（TVL）是一項衡量標準的衡量標準，即自2022年7月以來達到了最高水平，進一步支持Sol的Bullish勢頭。

As of March 17, Solana's TVL increased to 53.2 million SOL, showcasing a 10% rise over the past month. In comparison, BNB Chain's TVL grew by 6% in BNB terms, while Tron's deposits decreased by 8% in TRX terms over the same period. Despite weaker activity in decentralized applications (DApps), Solana continued to attract a steady flow of deposits, highlighting its resilience.

截至3月17日，索拉納（Solana）的TVL增加到了5320萬Sol，在過去一個月中增長了10％。相比之下，BNB Chain的TVL在BNB方面增長了6％，而TRON的沉積物在同一時期內以TRX術語減少了8％。儘管在分散應用中的活動較弱（DAPP），但Solana仍繼續吸引穩定的沉積物流動，突出了其彈性。

Solana saw strong momentum, driven by Bybit Staking, which surged 51% in deposits since Feb. 17, and Drift, a perpetual trading platform, with a 36% TVL increase. Restaking app Fragmentic also recorded a 65% rise in SOL deposits over 30 days.

索拉納（Solana）看到了強大的動力，這是由拜比特（Bybit）佔用的驅動，自2月17日以來，該勢頭飆升了51％，而Drift是一個永久交易平台的Drift，TVL增長了36％。 Restaking App Fragmentic在30天內還記錄了SOL沉積物的65％上升。

In nominal terms, Solana secured its second-place position in TVL at $6.8 billion, exceeding BNB Chain's $5.4 billion.

從名義上，索拉納將其在TVL中的第二名為68億美元，超過了BNB連鎖店的54億美元。

Despite the market downturn, several Solana DApps remain among the top 10 in fees, outperforming larger competitors like Uniswap and Ethereum's leading staking solutions.

儘管市場低迷，但幾個索拉納·達普（Solana Dapps）仍然是十大費用之一，表現優於諸如Uniswap和以太坊的領先Statiking Solutions等較大的競爭對手。

Solana's memecoin launchpad Pump.fun, decentralized exchange Jupiter, automated market maker and liquidity provider Meteora, and staking platform Jito are among the leaders in fees. More notably, Solana's weekly base layer fees have surpassed Ethereum's, which holds the top position with $53.3 billion in TVL.

Solana的Memecoin Launchpad Pump.Fun，分散的交易木星，自動化的做市商和流動性提供商Meteora以及Staking Platform Jito是費用的領導者。更值得注意的是，Solana的每週基層費用超過了以太坊的費用，以太坊的費用以533億美元的TVL持有最高位置。

SOL derivatives hold steady as token unlock fears subside

Sol衍生物保持穩定，因為令牌解鎖恐懼消退

Despite a 27% decline in SOL's price over 30 days, demand for leveraged positions remains evenly balanced between longs (buyers) and shorts (sellers), as indicated by the futures funding rate.

儘管SOL的價格在30天內下降了27％，但在期貨融資率表明的渴望（買家）和短褲（買家）和短褲（賣方）之間，對槓桿頭寸的需求仍然平均。

Periods of high demand for bearish bets typically push the 8-hour perpetual futures funding rate to -0.02%, which equals 1.8% per month. When the rate turns negative, shorts are the ones paying to maintain their positions. The opposite scenario occurs when traders are optimistic about SOL's price, leading to a rise in the funding rate above 0.02%.

對看跌賭注的高需求時期通常將8小時的永久期貨融資率提高到-0.02％，每月等於1.8％。當費率變負值時，短褲是為了維持自己的位置而付出的短褲。當交易者對SOL的價格樂觀時，情況發生了相反的情況，這導致資金率上升到0.02％以上。

However, the recent price weakness did not translate into a greater preference for bearish bets, at least not to the extent of accumulating leveraged positions.

但是，最近的價格弱點並未轉化為對看跌賭注的偏好，至少不是累積槓杆位置的程度。

One factor contributing to this dynamic can be explained by the decreasing growth in SOL supply in the coming months, similar to how inflation is measured. A total of 2.72 million SOL will be unlocked in April, but only 0.79 million are expected for May and June.

導致這種動態的一個因素可以通過接下來幾個月的溶膠供應量的下降來解釋，類似於計量通貨膨脹的方式。四月份總共將解鎖272萬輛溶膠，但預計5月和6月只有79萬輛。

Overall, considering the resilience in deposits, the lack of leverage demand from bears, and the reduced supply increase in the coming months, SOL appears well-positioned to reclaim the $170 level last seen on March 3.

總體而言，考慮到存款的韌性，熊的缺乏槓桿需求以及未來幾個月的供應減少，SOL似乎有良好的位置，可以收回3月3日上次出現的170美元水平。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author's alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出於一般信息目的，不打算被視為法律或投資建議。這裡表達的觀點，思想和觀點是作者獨自一人，不一定反映或代表Cointelegraph的觀點和觀點。