索拉纳（Sol）价格在3月19日上涨8％，因为投资者转向风险较高的资产

在美国美联储主席杰罗姆·鲍威尔（Jerome Powell）的讲话之前

Solana's native token, SOLSOLUSD, surged 8% on March 19 as investors shifted towards riskier assets following US Federal Reserve Chair Jerome Powell's remarks. While interest rates are expected to remain unchanged, analysts anticipate a softer inflation outlook for 2025.

索拉纳（Solana）的原住民代币索尔索鲁斯（Solsolusd）在3月19日飙升了8％，因为在美国美联储主席杰罗姆·鲍威尔（Jerome Powell）的讲话之后，投资者转向风险较高的资产。虽然预计利率将保持不变，但分析师预计2025年的通货膨胀前景更柔和。

Moreover, key onchain and derivatives metrics for Solana suggest further upside for SOL price.

此外，Solana的关键Onchain和衍生品指标提出了Sol Price的进一步上涨空间。

The cryptocurrency market mirrored the movements in the US stock market during the Asian trading session, indicating that SOL's gains were not driven by industry-specific news. For instance, the SEC may drop its lawsuit against Ripple after four years of litigation.

加密货币市场反映了亚洲交易会期间美国股票市场的变动，这表明SOL的收益不是由特定于行业的新闻驱动的。例如，SEC在四年诉讼后可能会对Ripple提起诉讼。

Tracking US-listed small-cap companies, the Russell 2000 index futures soared to their highest level in twelve days.

追踪美国上市的小型公司，罗素2000指数期货在十二天内飙升至最高水平。

Despite a broader slowdown in decentralized application (DApp) activity, Solana stands out. For instance, on March 19, onchain analytics firm Glassnode pointed out that Solana's TVL continues to rise despite weaker DApp trends.

尽管分散应用程序（DAPP）活动的放缓较大，但Solana还是突出的。例如，3月19日，Onchain Analytics公司GlassNode指出，尽管DAPP趋势较弱，Solana的TVL仍在继续上升。

Solana’s onchain volumes dropped 47% over two weeks, but similar declines were seen across Ethereum, Arbitrum, Tron, and Avalanche, highlighting industry-wide trends rather than Solana-specific issues. The Solana network's total value locked (TVL), a measure of deposits, hit its highest level since July 2022, further supporting SOL's bullish momentum.

Solana的Onchain量在两周内下降了47％，但在以太坊，仲裁，Tron和雪崩中也下降了类似的下降，突出了整个行业趋势，而不是特定于Solana的问题。 Solana Network的总价值锁定（TVL）是一项衡量标准的衡量标准，即自2022年7月以来达到了最高水平，进一步支持Sol的Bullish势头。

As of March 17, Solana's TVL increased to 53.2 million SOL, showcasing a 10% rise over the past month. In comparison, BNB Chain's TVL grew by 6% in BNB terms, while Tron's deposits decreased by 8% in TRX terms over the same period. Despite weaker activity in decentralized applications (DApps), Solana continued to attract a steady flow of deposits, highlighting its resilience.

截至3月17日，索拉纳（Solana）的TVL增加到了5320万Sol，在过去一个月中增长了10％。相比之下，BNB Chain的TVL在BNB方面增长了6％，而TRON的沉积物在同一时期内以TRX术语减少了8％。尽管在分散应用中的活动较弱（DAPP），但Solana仍继续吸引稳定的沉积物流动，突出了其弹性。

Solana saw strong momentum, driven by Bybit Staking, which surged 51% in deposits since Feb. 17, and Drift, a perpetual trading platform, with a 36% TVL increase. Restaking app Fragmentic also recorded a 65% rise in SOL deposits over 30 days.

索拉纳（Solana）看到了强大的动力，这是由拜比特（Bybit）占用的驱动，自2月17日以来，该势头飙升了51％，而Drift是一个永久交易平台的Drift，TVL增长了36％。 Restaking App Fragmentic在30天内还记录了SOL沉积物的65％上升。

In nominal terms, Solana secured its second-place position in TVL at $6.8 billion, exceeding BNB Chain's $5.4 billion.

从名义上，索拉纳将其在TVL中的第二名为68亿美元，超过了BNB连锁店的54亿美元。

Despite the market downturn, several Solana DApps remain among the top 10 in fees, outperforming larger competitors like Uniswap and Ethereum's leading staking solutions.

尽管市场低迷，但几个索拉纳·达普（Solana Dapps）仍然是十大费用之一，表现优于诸如Uniswap和以太坊的领先Statiking Solutions等较大的竞争对手。

Solana's memecoin launchpad Pump.fun, decentralized exchange Jupiter, automated market maker and liquidity provider Meteora, and staking platform Jito are among the leaders in fees. More notably, Solana's weekly base layer fees have surpassed Ethereum's, which holds the top position with $53.3 billion in TVL.

Solana的Memecoin Launchpad Pump.Fun，分散的交易木星，自动化的做市商和流动性提供商Meteora以及Staking Platform Jito是费用的领导者。更值得注意的是，Solana的每周基层费用超过了以太坊的费用，以太坊的费用以533亿美元的TVL持有最高位置。

SOL derivatives hold steady as token unlock fears subside

Sol衍生物保持稳定，因为令牌解锁恐惧消退

Despite a 27% decline in SOL's price over 30 days, demand for leveraged positions remains evenly balanced between longs (buyers) and shorts (sellers), as indicated by the futures funding rate.

尽管SOL的价格在30天内下降了27％，但在期货融资率表明的渴望（买家）和短裤（买家）和短裤（卖方）之间，对杠杆头寸的需求仍然平均。

Periods of high demand for bearish bets typically push the 8-hour perpetual futures funding rate to -0.02%, which equals 1.8% per month. When the rate turns negative, shorts are the ones paying to maintain their positions. The opposite scenario occurs when traders are optimistic about SOL's price, leading to a rise in the funding rate above 0.02%.

对看跌赌注的高需求时期通常将8小时的永久期货融资率提高到-0.02％，每月等于1.8％。当费率变负值时，短裤是为了维持自己的位置而付出的短裤。当交易者对SOL的价格乐观时，情况发生了相反的情况，这导致资金率上升到0.02％以上。

However, the recent price weakness did not translate into a greater preference for bearish bets, at least not to the extent of accumulating leveraged positions.

但是，最近的价格弱点并未转化为对看跌赌注的偏好，至少不是累积杠杆位置的程度。

One factor contributing to this dynamic can be explained by the decreasing growth in SOL supply in the coming months, similar to how inflation is measured. A total of 2.72 million SOL will be unlocked in April, but only 0.79 million are expected for May and June.

导致这种动态的一个因素可以通过接下来几个月的溶胶供应量的下降来解释，类似于计量通货膨胀的方式。四月份总共将解锁272万辆溶胶，但预计5月和6月只有79万辆。

Overall, considering the resilience in deposits, the lack of leverage demand from bears, and the reduced supply increase in the coming months, SOL appears well-positioned to reclaim the $170 level last seen on March 3.

总体而言，考虑到存款的韧性，熊的缺乏杠杆需求以及未来几个月的供应减少，SOL似乎有良好的位置，可以收回3月3日上次出现的170美元水平。

This article is for general information purposes and is not intended to be and should not be taken as legal or investment advice. The views, thoughts, and opinions expressed here are the author's alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

本文是出于一般信息目的，不打算被视为法律或投资建议。这里表达的观点，思想和观点是作者独自一人，不一定反映或代表Cointelegraph的观点和观点。