Solana Dapps，泵。FUN和流动性检查：什么是氛围？

Solana的Dapps在面团中耙开，但是流动性低迷和模因硬币争议让我们问：什么是真实的故事？

Solana DApps, Pump.fun, and a Liquidity Check: What's the Vibe?

Solana Dapps，泵。FUN和流动性检查：什么是氛围？

Solana's DeFi scene is buzzing, with DApps generating serious revenue. But beneath the surface, there's a liquidity slowdown and some meme coin drama brewing. Let's dive in, New York style, to see what's really going on.

Solana的Defi场景嗡嗡作响，Dapps带来了严重的收入。但是在表面下，流动性放缓和一些模因硬币戏剧酿造。让我们深入研究纽约风格，看看真正发生了什么。

Solana's DApp Dominance: Show Me the Money!

索拉纳（Solana）的Dapp主导地位：给我看钱！

Solana DApps are crushing it, pulling in over $22 million in a week, according to DefiLlama. Leading the charge? None other than Pump.fun, the meme coin launchpad, snagging a cool $9.65 million for its eighth week at the top. User activity on Solana-based trading protocols is clearly where it's at.

根据Defillama的说法，Solana Dapps正在粉碎它，每周赚取超过2200万美元。领导费用？ Meme Coin Launchpad除了Pump.Fun，其第八周在顶部获得了965万美元的凉爽。基于Solana的交易协议上的用户活动显然是其所在位置。

Other players like Axiom, Jupiter, and Phantom wallet are also contributing big time, showcasing Solana's robust DeFi ecosystem. Even staking protocols like Binance Staked SOL are getting in on the action, though they're getting outperformed.

Axiom，Jupiter和Phantom Wallet等其他玩家也在贡献大时的时间，展示了Solana强大的Defi生态系统。即使像Binance Stoled Sol这样的Straking协议也在采取效果，尽管它们表现优越。

TVL and Trading Volumes: Looking Healthy

TVL和交易量：看起来健康

The surge in revenue is backed by some solid fundamentals. Solana's Total Value Locked (TVL) recently topped $12 billion, a level not seen since the 2021 bull run. Trading volumes are also up, with DEX volumes hitting $4.44 billion in a single day. People are paying fees, too – a whopping $12.38 million in 24 hours. Not bad, right?

收入的激增得到了一些坚实的基本面的支持。索拉纳（Solana）的总价值锁定（TVL）最近超过了120亿美元，这是自2021年公牛奔跑以来未见的水平。交易量也增加了，DEX量在一天内达到44.4亿美元。人们也要支付费用 - 24小时内的费用高达1238万美元。还不错，对吧？

Liquidity Slump: Uh Oh, What's That?

流动性低迷：嗯，那是什么？

But here's where things get a little less rosy. Data from Dune Analytics reveals that bonding curve volumes, a key indicator of liquidity on meme-focused platforms, have dipped below $1 billion for the first time in six months. Total launchpad volume was $796.4 million, with Pump.fun grabbing the lion's share at $669.2 million. This decline suggests a cooling off of speculative momentum. Are the meme coins losing their mojo?

但是，这里的事情变得不那么乐观。 Dune Analytics的数据表明，粘合曲线量是以模因平台上流动性的关键指标，在六个月内首次降至10亿美元以下。发射板的总销量为7.964亿美元，泵。Fun抓住了狮子的份额，为6.692亿美元。这种下降表明投机势头的冷却。模因硬币是否失去了魔力？

Pump.fun: Still the King (or Queen) of Meme Coins?

泵。FUN：仍然是模因硬币的国王（或女王）？

Despite the slowdown, Pump.fun still reigns supreme. It's consistently captured the majority of liquidity since May, solidifying its position as the go-to launchpad for Solana's meme coin economy. BonkFun is trying to compete, but it's still a distant second.

尽管放缓，泵仍然占据至高无上的统治。自5月以来，它一直始终捕捉到大多数流动性，从而巩固了其作为Solana Meme Coin经济的首选发射台的地位。 Bonkfun试图竞争，但仍然遥不可及。

The Dark Side of Meme Coins: Offensive Tokens

模因硬币的阴暗面：进攻令牌

And here's where things get downright ugly. The emergence of meme coins with racist slurs on Pump.fun has sparked outrage and reignited the debate about regulation in the meme coin space. The ease with which these tokens can be created is facilitating the spread of malicious content. It is bad for the Solana community and bad for crypto as a whole.

这是事情变得彻底丑陋的地方。模因硬币的出现在泵上带有种族主义诽谤。FUN引起了愤怒，并重新点燃了有关模因硬币空间中监管的辩论。这些令牌可以创建的便利性正在促进恶意内容的传播。这对Solana社区不利，对整个加密货币有害。

Industry leaders like Vitalik Buterin have condemned these offensive tokens, and the Solana Foundation is exploring ways to filter them out. But it's a tough problem to solve on a decentralized exchange, where there's no central authority to police token names.

维塔克·布特林（Vitalik Buterin）等行业领导者谴责了这些进攻性令牌，索拉纳基金会（Solana Foundation）正在探索将它们滤出的方法。但是要解决分散的交易所，这是一个艰难的问题，在该交易中，警察名称没有中央权力。

Solana's Price Action: A Cautious Bull

索拉纳的价格行动：谨慎的公牛

Meanwhile, Solana (SOL) is trading around $206, up slightly but down over the past few weeks. Chart data shows it moving within an ascending channel, with potential support around $180-$185. Analysts are cautiously bullish, viewing pullbacks as part of a normal uptrend, but keeping a close eye on that $180 support level.

同时，Solana（Sol）的交易约为206美元，在过去几周中略有下跌，但下降了。图表数据显示，它在上升渠道内移动，潜在的支持约为180至185美元。分析师谨慎看涨，将回调视为正常上升趋势的一部分，但密切关注了180美元的支持水平。

The Takeaway: A Mixed Bag

外卖：一个混合的袋子

So, what's the bottom line? Solana's DApps are thriving, but a liquidity slump and meme coin controversies are casting a shadow. While Pump.fun dominates the launchpad scene, the rise of offensive tokens is a serious concern. And Solana's price action remains cautiously bullish. It's a mixed bag, folks.

那么，最重要的是什么？索拉纳（Solana）的小巴正在蓬勃发展，但是流动性低迷和模因硬币争议正在引起阴影。尽管pump.fun占据了发射台场景，但进攻令牌的兴起是一个严重的问题。索拉纳（Solana）的价格行动仍然谨慎看涨。伙计们，这是一个混合的袋子。

My Take: Solana has some serious potential, but it needs to address the dark side of its meme coin culture. Otherwise, it risks tarnishing its reputation and scaring away serious investors. Pump.fun might be making money, but at what cost?

我的看法：Solana具有一定的潜力，但它需要解决其模因硬币文化的阴暗面。否则，它有可能破坏其声誉并吓跑认真的投资者。 pump.fun可能正在赚钱，但是要花多少钱？

What's Next?

接下来是什么？

Keep an eye on Solana's TVL, trading volumes, and price action. And let's hope the community and the Solana Foundation can find a way to curb the spread of offensive meme coins. The future of Solana depends on it!

密切关注Solana的TVL，交易量和价格动作。我们希望社区和索拉纳基金会能够找到一种方法来遏制进攻性模因硬币的传播。 Solana的未来取决于它！

Until next time, stay classy, crypto world!

直到下一次，保持优雅，加密世界！