加密世界的领军人物 Arthur Hayes 做出了一个令人惊讶的选择：他现在青睐 Solana，将比特币退居幕后。随着美国大选的临近，这一战略转变背后的原因是什么？了解 Hayes 为何认为 Solana 可能成为投资者在高波动时期的关键资产。

比特币面临批评：它是否变得过于僵化？比特币通常被比作“数字黄金”，由于其稳定性和去中心化性质，其结构能够激发人们的信心。

Prominent crypto personality Arthur Hayes has made a surprising revelation: he now favors Solana over Bitcoin. As the US elections approach and بازار کریپتو continues to experience high volatility, Hayes believes Solana could emerge as the key asset for investors during these turbulent times.

著名的加密货币人物 Arthur Hayes 透露了一个令人惊讶的消息：他现在更喜欢 Solana，而不是比特币。随着美国大选的临近以及巴布亚新几内亚继续经历高度波动，Hayes 认为 Solana 可能会成为投资者在这个动荡时期的关键资产。

Bitcoin, which is often likened to “digital gold,” boasts a structure that inspires confidence thanks to its stability and decentralized nature. However, some investors might view this very rigidity as a weakness in a volatile market.

比特币通常被比作“数字黄金”，由于其稳定性和去中心化性质，其结构能够激发人们的信心。然而，一些投资者可能将这种僵化视为波动市场中的弱点。

Hayes highlights this point, stating that while Bitcoin remains a pillar of the ecosystem, its low relative volatility makes it less attractive in a context where assets like Solana exhibit much more dynamic growth potential.

Hayes 强调了这一点，他指出，虽然比特币仍然是生态系统的支柱，但其相对较低的波动性使其在 Solana 等资产表现出更具活力的增长潜力的背景下吸引力下降。

Solana, being lighter and more responsive, rides the market waves with a speed that Bitcoin cannot match. Hayes notes that the political uncertainty surrounding the elections will only have a transient effect, unlike the decisions of the Federal Reserve on interest rates.

Solana 更轻、反应更灵敏，以比特币无法比拟的速度驾驭市场浪潮。海耶斯指出，与美联储的利率决定不同，围绕选举的政治不确定性只会产生短暂的影响。

If monetary easing is on the horizon, assets like Solana, which quickly capture market fluctuations, offer a more direct exposure to potential gains. Bitcoin, with its “stable” positioning, risks not maximizing its potential during these exuberant phases.

如果货币宽松政策即将出台，像 Solana 这样能快速捕捉市场波动的资产将提供更直接的潜在收益。比特币以其“稳定”的定位，在这些繁荣阶段可能无法最大限度地发挥其潜力。

Hayes goes on to point out that even Ethereum struggles to compete with Solana, highlighting the burdens and lack of fluidity of Ethereum compared to Solana’s responsiveness.

Hayes 继续指出，即使是以太坊也难以与 Solana 竞争，他强调了与 Solana 的响应能力相比，以太坊的负担和缺乏流动性。

Solana, with its explosive growth from $7 to over $180 in a year, embodies the spirit of the new generation of digital assets: it is agile, fast, and capable of capturing investors' attention.

Solana 在一年内从 7 美元爆发式增长到 180 美元以上，体现了新一代数字资产的精神：敏捷、快速、能够吸引投资者的注意力。

Hayes refers to Solana as a “high beta” choice, implying a strong correlation with market increases.

Hayes 将 Solana 称为“高贝塔值”选择，这意味着与市场增长有很强的相关性。

In other words, when the market explodes, Solana is very likely to outpe rm. This view goes against the notion of a market dominated by Bitcoin and opens up a perspective where assets like Solana could eclipse Bitcoin during bullish movements.

换句话说，当市场爆发时，Solana 很有可能跑赢 rm。这种观点与比特币主导市场的概念背道而驰，并开辟了一种观点，即 Solana 等资产可能会在看涨走势中超越比特币。

This positioning from Hayes serves as a reminder that the crypto market is constantly evolving, and investors are now seeking more dynamic options. Solana embodies this quest for reactivity, a characteristic that Bitcoin, with its image as “digital gold,” seems to struggle to embody in an increasingly influenced market by external shocks and monetary policy decisions.

海耶斯的这一定位提醒人们，加密货币市场正在不断发展，投资者现在正在寻求更具活力的选择。 Solana 体现了这种对反应性的追求，而具有“数字黄金”形象的比特币似乎很难在日益受到外部冲击和货币政策决策影响的市场中体现这一特征。

To conclude, while Bitcoin retains its status as a safe haven in the crypto world, Hayes' preferences for Solana highlight a shift in attitude. Electoral volatility and monetary policy could present opportunities where Solana might take the lead.

总而言之，虽然比特币保持了其作为加密货币世界避风港的地位，但海耶斯对 Solana 的偏好凸显了态度的转变。选举波动和货币政策可能为索拉纳提供带头的机会。