Solana在每日分散交易中超过了整个以太坊生态系统

索拉纳（Solana

Solana (SOL) has overtaken the entire Ethereum ecosystem in daily decentralized-exchange trading, moving more value in the last 24 hours than Ethereum and all of its Layer-2 networks combined.

Solana（Sol）在每日分散交易交易中超过了整个以太坊生态系统，在过去的24小时内，与以太坊及其所有第2层网络的总和相比，在过去的24小时内移动更多的价值。

The surge helped Solana capture 39.6 percent of all DEX volume during the first quarter of 2025. At its January height, the network pulled in 52% of the DEX trading volume, beating every rival chain.

激增帮助Solana在2025年第一季度捕获了所有DEX量的39.6％。在1月的高度上，该网络占据了DEX交易量的52％，击败了每个竞争对手的链条。

Crypto markets spent most of the quarter in defensive mode, rattled by tariff disputes and a flight from speculative tokens. Even so, Solana posted the strongest DeFi figures for any smart-contract platform.

加密市场在整个季度的大部分时间内都以防御模式度过，这是由于关税纠纷和投机令牌的飞行而震撼。即便如此，Solana还是为任何智能合同平台发布了最强的Defi数字。

Much of the volume that lifted Solana through 2024 and early 2025 came from meme-coin trading. The meme tokens fueled some of its busiest days, but analysts now wonder whether that wave is losing steam as traders look for deeper utility.

在2024年和2025年初，将Solana提升的数量大部分来自Meme-Coin Trading。模因标记为最繁忙的日子加油，但是分析师现在想知道，随着交易者寻求更深层次的公用事业，该浪潮是否失去了动力。

6/ Spot trading volume on CEXs dropped 16.3% to $5.4T 📉

6/ CEXS的现货交易量下降了16.3％至$ 5.4T📉

• @binance remained the largest CEX, ending March with a 40.7% share.

•@Binance仍然是最大的CEX，结束了3月，份额为40.7％。

• After @Bybit_Official's hack in Feb 2025, its trading volume fell month-on-month from $178.2B to $84.7B. pic.twitter.com/1frxN6qH04— CoinGecko (@coingecko) April 16, 2025

•在2025年2月的 @bybit_official的黑客攻击之后，其交易量从月经数量从178.2B美元下降到84.7B美元。 pic.twitter.com/1frxn6qh04- coingecko（@coingecko）2025年4月16日

There are signs the shift has begun. Solana ceded the top spot for DEX revenue in February when Ethereum briefly reclaimed the crown. Solana volume had peaked after mid-January, hitting $35.89 billion on 18 January, before sliding to under $1 billion by mid-March.

有迹象表明转变已经开始。索拉纳（Solana）在2月以太坊短暂地收回了王室时割让了DEX收入的头号。索拉纳（Solana）的量在1月中旬之后达到了顶峰，1月18日达到358.9亿美元，然后到3月中旬下滑至10亿美元。

In the last two weeks, volumes have climbed again, topping $2.5 billion a day and running close to Ethereum. The rebound narrows, but does not erase, the gap that opened when meme-coin hype decreased.

在过去的两个星期中，卷又攀升了，每天超过25亿美元，靠近以太坊。反弹变窄，但没有消除，当模因炒作减少时，漏洞却张开了。

Fees earned by the chain reached a record $17.77 million on 20th January, then fell sharply. By mid-March, daily revenue was below $470,000 and has hovered near that mark since, reflecting lighter speculative traffic.

该连锁店赚取的费用在1月20日达到了创纪录的1,777万美元，然后急剧下降。到3月中旬，每日收入低于470,000美元，此后已徘徊在该商标附近，反映了较轻的投机性流量。

Stablecoin market cap is increasing.

Stablecoin市值正在增加。

By contrast, the stablecoin market cap keeps rising. Liquidity in dollar-pegged tokens on Solana stood at $12.65 billion on 17 April, suggesting users are parking funds while waiting for clearer signals. A rising stablecoin base gives the network a pool of assets if activity revives.

相比之下，Stablecoin稳定性稳定性不断上升。 4月17日，索拉纳（Solana）的美元流动性在索拉纳（Solana）的售价为126.5亿美元，这表明用户在等待更清晰的信号时是停车资金。如果活动恢复，稳定的稳定基础基础为网络提供了资产库。

The softer risk appetite explains why meme coins have slipped from view. Whether the niche can stage a comeback once macro conditions settle is an open question. For now, Solana’s hopes rest on stablecoins and new applications.

柔和的风险食欲解释了为什么模因硬币从视图中滑落。一旦宏观条件解决，利基市场是否可以卷土重来是一个悬而未决的问题。目前，Solana的希望依赖于Stablecoins和新应用程序。

Price action in SOL, the network’s native coin, mirrors the broader swing. The token almost broke $300 during January’s rally, then dipped below $100 earlier this month. A pause in the tariff standoff sparked a 42% bounce, lifting SOL to $138 at press time and making it the best performer among the ten largest cryptocurrencies over the past fortnight.

该网络的本地硬币Sol中的价格动作反映了更广泛的挥杆。在一月份的集会上，令牌几乎打破了300美元，然后在本月早些时候下跌低于100美元。关税对峙中的停顿引发了42％的反弹，在发稿时提高了SOL至138美元，并使其成为过去两周中十大加密货币中表现最好的人。

This outcome has already had a massive impact on Solana in terms of revenue and perceived utility. With chain income down and stability coins climbing, the market appears to be shifting from speculation toward preservation.

就收入和可感知的公用事业而言，这种结果已经对Solana产生了巨大影响。随着连锁收入的降低和稳定硬币的攀登，市场似乎正在从投机转移到保存。

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