Solona表现出明显的积累和不断增长的投资者信心的迹象

Solana Defi的TVL几乎达到100亿，链活动繁荣

Solana (SOL) shows clear signs of accumulation and growing investor confidence, with significant movements in the DeFi market and token flows out of the exchanges.

Solana（Sol）表现出明显的积累和不断增长的投资者信心的迹象，并在Fefi市场上进行了重大变动，而象征性的流动则来自交易所。

TVL of Solana DeFi almost at 10 billion, with a boom in on-chain activity

Solana Defi的TVL几乎达到100亿，链活动繁荣

Solana has experienced a significant decrease in its reserves on exchanges in recent months. In May alone, more than 2.2 million SOL left the exchanges, with a drop from about 33 million to just over 30.8 million tokens stored.

近几个月来，索拉纳（Solana）在交流方面的储备有了显着减少。仅在5月，超过220万的SOL就离开了交流，从约3300万人下降到存储的30080万个代币。

This net outflow represents a clear signal of accumulation: investors are transferring their SOL to cold wallets or DeFi protocols, increasing their confidence in the project and preparing for a possible future market growth.

该净流出代表了积累的明显信号：投资者将其SOL转移到冷钱包或Defi协议中，增加对项目的信心，并为未来的市场增长做准备。

The dynamic of the outflows is associated with a phase of relative strength in prices. SOL has remained close to multi-month highs, hovering between 180 and 190 dollars.

流出的动态与价格相对强度的阶段有关。 SOL保持接近多个月的高点，徘徊在180至190美元之间。

Historically, similar outflows from exchange anticipate bull movements, as tokens removed from commercial availability suggest long-term strategies.

从历史上看，从商业可用性中删除的代币提出了长期策略，交换产生的类似外流也会预期公牛的运动。

The DeFi sector on Solana is experiencing strong growth. The total value locked (TVL) in the system has reached 9.45 billion dollars, with an increase of 2.3% in the last 24 hours. This data confirms how the DeFi ecosystem of the network continues to strengthen and attract capital.

索拉纳（Solana）的防御部门正在经历强劲的增长。系统中的总价值锁定（TVL）已达到94.5亿美元，在过去24小时内增长了2.3％。该数据证实了网络的偏移生态系统如何继续增强并吸引资本。

In addition to the TVL, the liquidity on the network is supported by over 11.5 billion dollars in stablecoins and a daily volume on the DEX equal to 2.1 billion dollars.

除TVL外，网络上的流动性还超过115亿美元的稳定剂，DEX的每日数量等于21亿美元。

These parameters highlight a deep liquidity and a significant decentralized trading activity on Solana, a fundamental element for the health of the network.

这些参数突出了对Solana的深厚流动性和显着的分散交易活动，Solana是该网络健康的基本要素。

On-chain activity shows further positive aspects: over 4.34 million active addresses and revenues for decentralized applications (dApp) of about 3.44 million dollars in the last 24 hours provide a picture of organic engagement and growing user interest.

链上的活动显示出进一步的积极方面：在过去的24小时内，分散申请（DAPP）的434万活跃地址和收入约为344万美元，提供了有机参与度​​和用户不断增长的图片。

These numbers are accompanied by increasingly significant token incentives, suggesting that Solana’s DeFi market is really heating up, with prospects for further development.

这些数字伴随着越来越重要的令牌激励措施，这表明Solana的Defi市场确实在加热，并有进一步发展的前景。

Derivatives on Solana: balanced optimism without excesses

索拉纳（Solana）的导数：平衡乐观而没有过度

The derivatives market also tells a story of cautious optimism. The aggregate funding rate of Futures positions on SOL is in a moderately positive range, around 0.0015.

衍生品市场还讲述了一个谨慎乐观的故事。 SOL上期货头寸的总融资率在中度正范围内，约为0.0015。

This value indicates a slight bull inclination among traders without excessive leverage, an element that confirms a balanced and not overcrowded market.

该值表明交易者之间没有过多杠杆的倾斜度，这一要素证实了平衡且不拥挤的市场。

In parallel, the Open Interest remains stable, around 3.88 billion dollars, slightly lower than the recent highs.

同时，开放兴趣保持稳定，约38.8亿美元，略低于最近的高点。

The stability of this indicator signals continuity in the participation of operators, without excesses of speculation that could suggest an irrational or volatile movement.

该指标的稳定性信号在操作员的参与中表示连续性，而没有过多的推测可能暗示非理性或挥发性运动。

As a result, the rally of Solana appears supported by a solid conviction of investors, rather than by pump-and-dump phenomena or excessively speculative trading.

结果，索拉纳集会似乎是由投资者坚定信念的支持，而不是由泵送现象或过度投机的交易所支持。

Organic growth and horizons of Solana: an evolving ecosystem

Solana的有机生长和视野：不断发展的生态系统

Overall, Solana positions itself as a healthy blockchain, with clear signs of accumulation by investors, strong expansion of its DeFi sector, and balanced participation in the derivatives market.

总体而言，Solana将自己定位为健康的区块链，投资者明显积累了其挑战行业的积累迹象，并在衍生品市场中均衡参与。

The outflows from the exchanges are a key indicator: they show that the holders are looking at the long term, while the TVL and the on-chain activity data testify to an ecosystem in full growth.

交易所的流出是一个关键指标：它们表明持有者正在长期研究，而TVL和链链活动数据则证明了生态系统的全部增长。

Furthermore, the stability of the Futures markets suggests that the bullish momentum is not the result of speculative bubbles but of a genuine and convinced interest in Solana.

此外，期货市场的稳定表明，看涨的势头不是投机泡沫的结果，而是对索拉纳的真正且令人信服的兴趣。

This dynamic creates fertile ground for future developments and adoptions, especially in a rapidly evolving financial context.

这种动态为未来的发展和收养创造了肥沃的基础，尤其是在快速发展的财务环境中。

Investors and enthusiasts should continue to monitor the progress of on-chain metrics and the trend of DeFi activities, to promptly seize new opportunities and understand how Solana will move during 2025.

投资者和爱好者应继续监控链界指标的进度和Defi活动的趋势，以迅速抓住新的机会并了解Solana在2025年期间将如何移动。

The network, in fact, seems ready to consolidate its position in the landscape of the most solid and innovative blockchain projects.

实际上，该网络似乎已经准备好巩固其在最扎实，最具创新性区块链项目的景观中的地位。

Solana thus confirms its role as a protagonist in the decentralized financial sector, with a trend that combines solidity and constant growth.

因此，索拉纳（Solana）证实了它在分散金融领域的主角的作用，并结合了稳固性和恒定增长的趋势。

Consequently, maintaining focus on investor behavior, trading volumes, and the overall health of the ecosystem will be essential to understand when and how SOL will scale new levels of success.

因此，保持关注投资者行为，交易量以及生态系统的整体健康，对于了解何时以及如何扩展新的成功水平至关重要。