Naseem Sarhadi

Posibila scădere a prețului Solana: Cauze și previziuni viitoare

În piața cripto, Solana (SOL) a apărut ca o rețea blockchain importantă și rapidă, dar în ultimele zile s-a observat o scădere semnificativă a prețului său. În acest articol, vom analiza cauzele care ar putea duce la scăderea suplimentară a prețului Solana și vom vedea dacă este posibil un rebound de la nivelul de $110 sau dacă piața ar putea merge mai jos.

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Solana's current negative news, as of July 1, 2025:
Solana Under Pressure: A Look at Recent Bearish Trends and Concerns
July 1, 2025 – While Solana has enjoyed significant attention in the past for its high throughput and low transaction fees, recent trends and underlying issues are casting a shadow on its immediate prospects. As of early July 2025, several factors are contributing to a bearish sentiment surrounding the SOL token and its ecosystem.
Declining Network Activity and Fading Memecoin Hype
One of the most significant concerns for Solana is the waning interest in its network activity, particularly within the Decentralized Exchange (DEX) sector. Although a CoinTelegraph report indicates that Solana's DEX volume has surpassed Ethereum's, the overall network engagement is considerably lower than the peak levels observed in January.
A major contributor to this slowdown appears to be the diminishing allure of the memecoin sector. Memecoins, which previously fueled much of Solana's on-chain activity and attracted new users, are now experiencing a sharp decline. Over the past 16 days, many popular memecoins on Solana have seen their values drop by 25% or more, with examples like Giga (-42%), Popcat (-35%), and even well-known tokens like Bonk and WIF falling by 25%. This decline directly impacts the perceived value and utility of Solana's burgeoning DEX market share.
Furthermore, the rise of Hyperliquid as a dominant blockchain for perpetual trading is siphoning off interest from standalone Decentralized Applications (DApps) on Solana, potentially shifting liquidity and user engagement away from its ecosystem.
Price Weakness and Bearish Market Sentiment
The declining network activity is naturally translating into pressure on SOL's price. The token has fallen by 15% since its failed attempt to regain the $168 mark on June 12. This decline is directly correlated with the aforementioned drop in network activity and memecoin demand.
The derivatives market also reflects this bearish sentiment. There's been a noticeable decrease in demand for leveraged long positions on SOL, indicating that traders are losing confidence in Solana's potential to become a dominant player. A negative funding rate in the derivatives market further underscores this bearish outlook, suggesting that short-sellers are willing to pay long-holders to maintain their positions, expecting further price drops.
From a technical analysis perspective, Solana's 4-hour chart reveals a bearish outlook, with the 26 Exponential Moving Average (EMA) crossing below the 12 EMA. SOL has largely traded below the $150 mark over the past week, and while it has attempted to recover, demand remains weak, and broader market sentiment offers little support.
Unacknowledged Outages and Historical Concerns
While the Solana Foundation proudly reported 100% network stability for Q2 2025 (April to June), claiming no incidents or outages, monitoring services like StatusGator have identified multiple service disruptions in early 2025 that were reportedly never acknowledged by the Solana team. These alleged issues included problems with transaction processing, wallet transfers, and overall network performance.
There have also been past concerns regarding transaction speed degradation under heavy load, with some reports suggesting that the mainnet beta lost consensus due to an influx of transactions (e.g., 4 million per second). Such reports, even if resolved, can contribute to lingering doubts about the network's resilience.
Lingering Security Concerns from Past Incidents
Although there are no immediate reports of a direct Solana blockchain hack as of July 1, 2025, past security incidents continue to weigh on investor confidence. The Slope wallets hack in 2022, and more recently in May 2025, the leak of Solana co-founder Raj Gokal's private information through an A$AP Rocky X account hack, serve as reminders of potential vulnerabilities within the ecosystem.
Additionally, in May 2025, a malicious PyPI package masquerading as a Solana tool was found to have stolen source code after 761 downloads. While not a direct blockchain hack, such incidents highlight the broader security risks associated with the Solana ecosystem and its related tools.
In summary, Solana is currently navigating a period of decreased network engagement, particularly in the memecoin space, leading to price weakness and bearish sentiment in the market. While network stability has reportedly improved, past unacknowledged outages and lingering security concerns contribute to investor apprehension. These factors will be crucial for investors to monitor as they consider their positions in the Solana ecosystem.