由于竞争日益增长的竞争和网络漏洞，Solana的（SOL/USD）迅速上升，因为高性能区块链受到抑制

分析强调了诸如竞争对手第1层和第2层网络，有限的权力下放以及对投机交易的依赖，这是索拉纳统治地位的关键风险。

Solana's (CRYPTO: SOL) rapid ascent as a high-performance blockchain, marked by a staggering 30 days return of 80% for SOL/USD and a staggering $364 billion transaction volume in early 2025, has slowed, according to a new 21Shares report.

根据新的21Shares报告，Solana的（加密：SOL）的快速上升为高性能区块链，标志着SOL/USD的30天回报率惊人的30天回报率为80％，而2025年初的3640亿美元交易量已放缓。

What Happened: The analysis attributes this slowdown to several key challenges facing the network, including:

发生的事情：分析将这种放缓归因于网络面临的几个关键挑战，包括：

Rival Layer 1 and Layer 2 networks are presenting a growing competitive threat due to their strong technical performance and increasing adoption. For instance, Layer 2 solutions like Base and newer Layer 1 networks such as Sui (SUI/USD), TON (TON/USD), and Monad are posing a significant threat to Solana's dominance.

竞争对手第1层和第2层网络由于其强大的技术性能和提高的采用而呈现竞争威胁的日益增长。例如，第2层解决方案（例如基本和较新的第1层网络），例如SUI（SUI/USD），TON（TON/USD）和MONAD，对Solana的主导地位构成了重大威胁。

With only 1,314 validators, Solana pales in comparison to Ethereum's 1,064,480 validators, raising concerns about decentralization. To improve decentralization, Solana may need to reduce the cost of onboarding validators, which could be achieved through foundation subsidies.

与以太坊的1,064,480个验证者相比，Solana只有1,314个验证器，引起了人们对权力下放的担忧。为了改善权力下放，Solana可能需要降低入门验证者的成本，这可以通过基础补贴来实现。

The network's heavy reliance on meme coins is evident in the staggering $30 billion DEX volume generated during a 48-hour frenzy. This volume was largely driven by President Donald Trump's Official Trump (TRUMP/USD) token, highlighting the potential for volatility in crypto.

在48小时疯狂期间产生的惊人的300亿美元的DEX量中，该网络对模因硬币的严重依赖是显而易见的。这一卷很大程度上是由唐纳德·特朗普（Donald Trump）的官方特朗普（特朗普/美元）代币驱动的，强调了加密货币中波动的潜力。

To diversify network usage and reduce reliance on speculative trading, the foundation and related venture capital firms are investing in more fundamentally sound sectors, such as DePIN and AI.

为了使网络使用多样化并减少对投机性交易的依赖，基金会及相关风险投资公司正在投资于更根本的声音领域，例如迪普林和AI。

Past network outages, though reduced, remain a concern. Further resilience can be achieved by accelerating the development and adoption of alternative validator clients, such as FireDancer.

过去的网络中断虽然减少了，但仍然是一个问题。通过加速替代验证者客户（例如Firedancer）的开发和采用，可以实现进一步的弹性。

Solana's ecosystem is well-equipped, boasting partnerships with major brands like Visa (NYSE:V), PayPal (NASDAQ:PYPL), and Shopify (NYSE:SHOP), a throughput of 3,000 transactions per second, and a stablecoin supply of $12 billion.

Solana的生态系统设备齐全，与签证（NYSE：V），PayPal（NASDAQ：PYPL）和Shopify（NYSE：SHOP）等主要品牌建立合作伙伴关系，每秒3,000次交易的吞吐量，以及稳定的120亿美元供应。

However, competitors like Sui, with its minimal transaction fees of $0.006, and TON, with its integration into Telegram, are presenting stiff competition.

但是，像Sui这样的竞争对手，其最低交易费用为0.006美元，而Ton和Ton和Telegram融入电报的竞争者正在呈现激烈的竞争。

At a lower discount rate, the report predicts a potential 1080% upside for SOL's price, which could reach up to $1,000.

该报告以较低的折现率预测，SOL的价格可能有1080％的上涨空间，最高可达1,000美元。

However, this optimism is tempered by the realization that at a higher discount rate, reflecting risks like inflation and network outages, SOL's price converges to around $400.

但是，这种乐观情绪是因为人们意识到以更高的折现率，反映了通货膨胀和网络中断等风险，Sol的价格收敛到400美元左右。

This analysis provides a comprehensive overview of the factors influencing Solana's performance and the potential for further gains or setbacks in the coming period. As the cryptocurrency market continues to evolve rapidly, understanding these dynamics is crucial for informed investment decisions.

该分析概述了影响Solana表现的因素，并有可能在未来时期获得进一步的收益或挫折。随着加密货币市场继续迅速发展，了解这些动态对于明智的投资决策至关重要。