当鲸鱼堆积并尖峰时，Sol的突破悬挂在线路上

Solana网络上正在酿造大型东西。长期以来的以太坊竞争对手的1层区块链现在正站在一个关键的十字路口。

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

索拉纳（Solana）的叙述正在加热，因为第1层区块链位于关键的十字路口。

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.

经过数周的建立力量并获得超过40％的每月增益，Sol终于将其推向了145美元的阻力水平。但是接下来发生的事情可以定义其短期未来。

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.

鲸鱼正在堆积，链上的活动正在蓬勃发展，交易者在盘旋 - 但有一个渔获物。除非Sol可以果断地超过145美元，否则该集会仍然可以解开。

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

这是对Solana网络上正在发生的事情的仔细研究。

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

随着对网络的兴趣飙升，索拉纳鲸正在采取行动

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.

索尔（Sol）最近摆脱了一个降落的频道，该频道已经限制了数周的势头。现在，这枚硬币的交易额约为138美元，正朝着历史上顽固的供应区施压，在138美元至145美元之间，这一水平在几次之前拒绝了公牛。

However, this time the narrative feels different.

但是，这次叙事感觉与众不同。

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.

价格动作显示出更高的低点和增加的量，这是潜在逆转的经典信号。但是，市场需要确认（每天都在145美元以上的清洁收盘价）才能完全翻转脚本。如果发生这种情况，分析师认为SOL可以向180美元射击，这是下一个主要阻力。但是，这里的失败可能会迅速拒绝，将硬币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.

在幕后，鲸鱼正在大胆举动。 Galaxy Digital最近从交易所中撤回了606,000美元，价值近8000万美元，并将462,000 SOL（6000万美元）投入使用，这是机构信心的强烈信号。

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.

这也不只是价格投机。 Solana的基本面正在加热。该网络刚刚记录了2900万个活动地址，17％的峰值和超过3.74亿的总交所，击败了其他所有链条。

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数量也达到了22.7亿美元，表现优于以太坊，交易费用上涨了42％，这表明用户需求强劲并扩大了跨DEFI，NFT等的效用。

Solana Network Activity Surges As Interest In The Chain Heats Up

随着对链条的兴趣，Solana网络活动激增

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

但是，尽管有看涨的信号，但衍生品市场仍显示出犹豫的迹象。

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.

虽然开放利息上涨了10％以上，并且期权量增加了近165％，总量实际下降，而期权开放兴趣下降了15％。这告诉我们，虽然兴趣正在增长，但交易者正在选择性，很可能在等待这一突破是否真正粘住，然后才能全力以赴。

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.

同时，最近的短暂挤压票价为557万美元，但资金率仍然中立至略有负数。翻译？有向上的压力 - 但信念不足以使成熟的看涨狂热。

Solana Surpasses Ethereum In Derivatives Volume As Interest Booms

作为兴趣繁荣

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

最终，这次集会的命运取决于公牛是否可以果断地要求145美元的区域并将其转换成支持。

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.

如果发生这种情况，那么快速搬到180美元肯定会在桌子上。但是直到那时，索拉纳仍然处于困境 - 充满了潜力，但仍在等待那个火花点燃下一个腿。