Solana 的 TVL 在低活动期间暴跌

Solana 的总锁定价值 (TVL) 已跌至本月最低点，反映出 Layer-1 网络活动的下降。

Solana’s total value locked (TVL) has dropped to its lowest point this month, indicating a decline in activity on the Layer-1 network. Over $1 billion has been withdrawn from Solana’s DeFi ecosystem since the beginning of the month.

Solana 的总锁定价值 (TVL) 已降至本月最低点，表明第 1 层网络的活动有所下降。自本月初以来，已有超过 10 亿美元从 Solana 的 DeFi 生态系统中撤出。

The sharp fall in TVL can be attributed to a drop in daily active addresses on the network. This indicates a dwindling user base and reduced on-chain activity.

TVL 的急剧下降可归因于网络上每日活跃地址的下降。这表明用户群不断减少，链上活动减少。

Solana’s TVL Plummets Amid Low Activity

Solana 的 TVL 在低活动期间暴跌

According to DeFiLlama, Solana’s Total Value Locked (TVL) currently sits at $8.01 billion, reflecting a 12% decline since December 1. This equates to $1.1 billion exiting the ecosystem. The network’s leading DeFi protocol, Jito, has been hit particularly hard, recording a 28% drop in TVL over the past month. At the time of writing, Jito’s TVL is $2.66 billion.

据 DeFiLlama 称，Solana 的总锁定价值 (TVL) 目前为 80.1 亿美元，自 12 月 1 日以来下降了 12%。这相当于 11 亿美元退出生态系统。该网络领先的 DeFi 协议 Jito 受到的打击尤其严重，过去一个月的 TVL 下降了 28%。截至撰写本文时，Jito 的 TVL 为 26.6 亿美元。

Solana’s TVL decline mirrors the broader drop in usage during the period under review. According to Artemis, user activity on Solana has been on a downward trend since the start of the month. Over the past 21 days, 5.37 million unique addresses have completed at least one transaction on the L1, marking a 7% decline in activity on the chain.

Solana 的 TVL 下降反映了审查期间使用量的更广泛下降。据 Artemis 称，自本月初以来，Solana 上的用户活动一直呈下降趋势。在过去 21 天里，537 万个唯一地址在 L1 上完成了至少一笔交易，标志着链上活动下降了 7%。

Moreover, due to Solana’s low usage, its network revenue has also decreased. This decline has been further worsened by SOL’s performance, with its value dropping by 28% over the past 30 days. According to Artemis’ data, the network’s revenue has plunged by 24% since December began.

此外，由于Solana的使用率较低，其网络收入也有所下降。 SOL 的表现进一步加剧了这种下跌，其价值在过去 30 天内下跌了 28%。根据 Artemis 的数据，自 12 月开始，该网络的收入已暴跌 24%。

Solana Price Analysis: Key Levels To Watch For In December

Solana 价格分析：12 月值得关注的关键水平

An assessment of the SOL/USD one-day chart has revealed the coin’s negative Chaikin Money Flow (CMF), which confirms its low demand. As of this writing, this indicator is at -0.04.

对 SOL/USD 一日图表的评估显示，该代币的 Chaikin 资金流 (CMF) 为负值，这证实了其需求较低。截至撰写本文时，该指标为-0.04。

An asset’s CMF measures its accumulation or distribution over a specified period, combining price and volume data. When the CMF value is negative, it indicates more market distribution (selling pressure) than accumulation (buying pressure), hinting at a sustained price decline. If SOL selloffs persist, its price may fall to $168.83.

资产的 CMF 结合价格和数量数据来衡量其在指定时期内的积累或分布。当CMF值为负时，表明市场分配（卖出压力）多于积累（买入压力），暗示价格持续下跌。如果 SOL 的抛售持续下去，其价格可能会跌至 168.83 美元。

However, this bearish projection will be invalidated if market sentiment shifts from negative to positive and buying activity recommences. In that scenario, SOL’s price will break above resistance at $187 and attempt to surge past $200.

然而，如果市场情绪从负面转为正面并且购买活动重新开始，这种看跌预测将失效。在这种情况下，SOL 的价格将突破 187 美元的阻力位，并试图突破 200 美元。