聪明的钱修剪溶胶？索拉纳（Solana）如何看着引擎盖下方

尽管索拉纳（Solana）在过去一年中成为零售业最喜欢的区块链，但它的运行可能会逐渐结束，因为智能货币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.

尽管索拉纳（Solana）在过去一年中成为零售业最喜欢的区块链，但它的运行可能会逐渐结束，因为智能货币jeets sol usd hype hype。

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

Solana的春季集会只是与机构重新定位的墙相撞

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的链链数据显示，净120万Sol（约1.75亿美元）在48小时内将交换冷钱包留下，而交易桌正在窃窃私语：一个多策略基金。

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.

该流程与市政洪水（@thinkingusd）的公开电话相匹配，后者标记了桌子从Sol的退出，并同时建立了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.

它为何重要：Solana仍然是标题1层增长故事 - TVL恢复至94亿美元，稳定的coin float量增长了145％QOQ，而来自牛奶路的开发人员遥测显示Solana在2024年增加了净DEV，而不是Ethereum。

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

但是，随着连锁店朝着其100亿美元的TVL里程碑式的链条，聪明的钱正在修剪曝光。

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.

流动性讲述了这个故事。在过去的24小时内，Sol USD现货量达到了23亿美元，但其中一半是积极的卖出，将价格推高了50天的MA，为148.50美元，将RSI以45左右的位置离开。

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，超流动式的炒作/USDT数量爆炸了50％至2亿美元，价格达到了新的本地高点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刚刚闯入了4亿美元（每周+12％），强调了该基金对NICHE DEFI微型结构而不是宽1层Beta的赌注。

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，开发人员仍在涌入，每天540万笔交易，Metamask的Solana Integration Live，Raydium和Jupiter捕获了46亿美元的TVL：但是交易者现在问的问题是，交易者现在问的是拥塞闪回是否会破坏Bullish Momentum Momentum Inform Momentum If Bolish Momentum If Bungim nif toblem nif tig nif lif toblem spike像一月一样。

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击中了八个数字，该网络的故障率跃升至40％，Coinbase暂停了撤回，并撤退了套利。

(Source)

（来源）

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

简而言之，基本面指向，订单流动和波动率又回到了磁带上。

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价格图中分解了关键支持区，流动性口袋和上行目标 - 此外，如何在不进行前进的情况下进行基金轮换交易。

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%).

尽管炒作价格飙升，但索拉纳（Solana）在技术层面上逐渐降至急性看跌模式，目前SOL以169美元的价格交易（占24小时的变化为-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.

这是因为Sol USD在上层潮流中的双重拒绝中被拒绝，在当地交易渠道拼写灾难，并预示了可怕的“ Golden McDonalds”模式，该模式标志着在短期框架中占上风的看法。

(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，小立足点可以节省一天，因为落下的索尔美元现在直接重新重新进行了较低的趋势支持，这一关键时刻，如果索拉纳·牛（Solana Bulls）良好的防御能力，可以将盘绕的春季发射推向上升。

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.

某些阳性围绕着这种可能性，尤其是所有RSI中的可能性，这表明在近乎中立的54中下降的情况下，看跌差异降低。

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，尽管索拉纳（Solana）双重拒绝了200DMA，但可能并没有承受技术的衰退，尤其是当特朗普再次以进一步的贸易关税毁灭战士的信息损害加密基础知识时。

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的使用情况时，裂缝就会开始显示。从钱包的停电和验证器压力到煤气潮流和Defi停电，一月份的拥塞崩溃使市场想起了一件事：Solana具有规模，但没有溢出阀。

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

随着机构ETF文件堆叠起来，通过Solana Seeker手机进行了移动优先的DAPP扩展，这一压力再次增加。

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.

输入Solaxy，这是第一个适用于Solana的专用2层解决方案。虽然基本链桶朝着另外100亿美元的TVL峰朝上，但Solaxy奠定了基础，以处理接下来的事情。

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.

基础设施已经运输。一座超车手驱动的桥将溶剂连接到Solana Mainnet。 Block Explorer是直播的。 IGNITER协议允许$ SOLX持有者启动本机汇总令牌。接下来是以太坊兼容性。

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

这不是蒸气软件路线图；这是一个积极的建筑，实时发生，由一支认真而可信的开发团队进行。

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不是未来的梦想。这是一个运转良好的第2层生态系统，准备在再次引爆之前将交通拥堵的定时炸弹变质。

But here’s the window: the $SOLX pres

但这是窗口：$ solx pres