Solana's on-chain data does not present a positive picture for this rapidly growing L1 blockchain network. Several key metrics have experienced a decline over the past few days.

Solana 的链上数据并没有为这个快速增长的 L1 区块链网络呈现出积极的景象。过去几天，几个关键指标都出现了下降。

Despite this, the SOL price is showing relative resilience, rising 3% today and currently trading around $135. Let's analyze these metrics to determine if they indicate a cause for concern for Solana holders.

尽管如此，SOL 价格仍表现出相对弹性，今天上涨 3%，目前交易价格约为 135 美元。让我们分析这些指标，以确定它们是否表明 Solana 持有者担心的原因。

Solana's New Accounts and Active Wallets

Solana 的新账户和活跃钱包

According to Solscan's data, the number of active wallets has dropped to approximately 3 million today. In comparison, just a few days ago, active wallets exceeded 5 million. Notably, SUI's network, with a significantly smaller market cap, had over 1 million active wallets recently.

根据 Solscan 的数据，如今活跃钱包数量已降至约 300 万个。相比之下，就在几天前，活跃钱包突破了500万。值得注意的是，SUI 的网络市值明显较小，但最近活跃钱包数量超过 100 万。

This disparity could be concerning, as Solana boasts a market cap roughly 20 times larger than SUI, yet this metric is now just 3 times higher.

这种差异可能令人担忧，因为 Solana 的市值大约是 SUI 的 20 倍，但这一指标现在仅高出 3 倍。

It's worth noting that Solana's 5+ million active accounts yesterday represented a 3-month high. Throughout the summer months, active wallets generally hovered around 1 million daily.

值得注意的是，Solana 昨天的活跃账户数超过 500 万，创 3 个月新高。整个夏季，日活跃钱包数量普遍徘徊在 100 万左右。

However, the number of new accounts created has declined compared to the summer. Over the past 3 months, July saw over 20 million new accounts, while in September, that number has ranged between 8 and 11 million.

然而，与夏季相比，新创建的账户数量有所下降。在过去 3 个月中，7 月份新增账户超过 2000 万，而 9 月份这一数字在 8 到 1100 万之间。

The number of transactions has also experienced a gradual decline over the last 3 months, fluctuating between 250 and 300 million daily.

过去三个月的交易量也逐渐下降，每天在 250 至 3 亿笔之间波动。

Additionally, Solana's leading decentralized exchanges, Jupiter and Raydium, have witnessed a decrease in active users within the past 24 hours. Specifically, Raydium has reported over 40% fewer users compared to the same time yesterday.

此外，Solana 领先的去中心化交易所 Jupiter 和 Raydium 的活跃用户在过去 24 小时内有所下降。具体来说，Raydium 报告称，与昨天同一时间相比，用户数量减少了 40% 以上。

Should These Metrics Concern Solana Holders?

这些指标应该引起 Solana 持有者的关注吗？

The recent decline in on-chain metrics may raise concerns among Solana traders, but it's essential to consider these numbers in context.

最近链上指标的下降可能会引起 Solana 交易者的担忧，但必须在上下文中考虑这些数字。

Solana has experienced significant growth over the past year, and it is typical for any blockchain network to exhibit some fluctuation in user activity.

Solana 在过去一年中经历了显着增长，对于任何区块链网络来说，用户活动出现一些波动都是很常见的。

The decrease in active wallets and new accounts could stem from various factors, such as market conditions, seasonal trends, or temporary shifts in user behavior. To gain a clearer understanding, it's crucial to monitor these metrics over a more extended period.

活跃钱包和新账户的减少可能源于多种因素，例如市场状况、季节性趋势或用户行为的暂时变化。为了获得更清晰的了解，在更长时间内监控这些指标至关重要。

Solana's robust ecosystem and ongoing development efforts suggest that the network retains significant potential for growth and adoption.

Solana 强大的生态系统和持续的开发工作表明该网络保留了巨大的增长和采用潜力。

CaptainAltcoin's team will continue to track Solana's performance and on-chain metrics, providing updates on any noteworthy changes.

CaptainAltcoin 的团队将继续跟踪 Solana 的性能和链上指标，提供任何值得注意的变化的更新。