Grayscale Research &#273;&atilde; g&#7885;i Solana l&agrave; &ldquo;ch&#7907; t&agrave;i ch&iacute;nh c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917;&rdquo;, nh&#7845;n m&#7841;nh n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i s&acirc;u r&#7897;ng, s&#7921; t&#259;ng tr&#432;&#7903;ng ng&#432;&#7901;i d&ugrave;ng m&#7841;nh m&#7869; v&agrave; ho&#7841;t &#273;&#7897;ng giao d&#7883;ch v&#432;&#7907;t tr&#7897;i l&agrave; n&#7873;n t&#7843;ng cho vi&#7879;c t&#7841;o ra gi&aacute; tr&#7883; l&acirc;u d&agrave;i.
Trong khi &#273;&oacute;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch ch&#7881; ra s&#7921; gia t&#259;ng &#273;&aacute;ng k&#7875; trong ho&#7841;t &#273;&#7897;ng tr&ecirc;n chu&#7895;i c&#7911;a Solana, nh&#432;ng vi&#7879;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; l&#7899;n gi&#7843;m ti&#7871;p x&uacute;c v&#7899;i h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai t&#7841;o ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&#7873; &#273;&#7907;t b&ugrave;ng n&#7893; ti&#7871;p theo c&#7911;a SOL.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-solana-s-economic-engine-remains-hot-despite-whale-caution">&#272;&#7897;ng c&#417; kinh t&#7871; c&#7911;a Solana v&#7851;n n&oacute;ng b&#7845;t ch&#7845;p s&#7921; th&#7853;n tr&#7885;ng c&#7911;a c&aacute; voi</h2>

Trong m&#7897;t b&aacute;o c&aacute;o m&#7899;i, Grayscale l&#7853;p lu&#7853;n r&#7857;ng s&#7921; &#273;a d&#7841;ng c&#7911;a <a href="https://beincrypto.com/learn/cross-chain-dapps" target="_blank" rel="noreferrer noopener">&#7913;ng d&#7909;ng phi t&#7853;p trung (dApps)</a> tr&ecirc;n m&#7841;ng, t&#7915; DeFi &#273;&#7871;n c&#417; s&#7903; h&#7841; t&#7847;ng v&#7853;t l&yacute;, &#273;&#7883;nh v&#7883; n&oacute; l&agrave; n&#7873;n t&#7843;ng h&#7907;p &#273;&#7891;ng th&ocirc;ng minh h&agrave;ng &#273;&#7847;u theo m&#7913;c &#273;&#7897; s&#7917; d&#7909;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Solana l&agrave; m&#7897;t c&#7897;ng &#273;&#7891;ng n&#259;ng &#273;&#7897;ng v&agrave; n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i: m&#7897;t &#273;&ocirc; th&#7883; v&ocirc; h&igrave;nh v&#7899;i h&agrave;ng tri&#7879;u ng&#432;&#7901;i d&ugrave;ng th&#7921;c hi&#7879;n h&agrave;ng ngh&igrave;n giao d&#7883;ch m&#7895;i gi&acirc;y,&rdquo; Grayscale vi&#7871;t. &ldquo;N&oacute; l&agrave; ng&#432;&#7901;i d&#7851;n &#273;&#7847;u trong danh m&#7909;c v&#7873; s&#7889; l&#432;&#7907;ng ng&#432;&#7901;i d&ugrave;ng, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch v&agrave; ph&iacute; giao d&#7883;ch &mdash; c&oacute; th&#7875; n&oacute;i l&agrave; ba th&#432;&#7899;c &#273;o quan tr&#7885;ng nh&#7845;t c&#7911;a ho&#7841;t &#273;&#7897;ng blockchain,&rdquo; <a href="https://research.grayscale.com/reports/solana-cryptos-financial-bazaar" target="_blank" rel="noreferrer noopener nofollow">&#273;&#7885;c</a> m&#7897;t &#273;o&#7841;n tr&iacute;ch trong b&aacute;o c&aacute;o.
</blockquote>

V&#7899;i v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng g&#7847;n 111 t&#7927; USD, token g&#7889;c c&#7911;a Solana, SOL, x&#7871;p h&#7841;ng l&agrave; ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n th&#7913; s&aacute;u v&agrave; t&agrave;i s&#7843;n c&oacute; t&iacute;nh thanh kho&#7843;n cao th&#7913; n&#259;m sau Bitcoin v&agrave; Ethereum.
Grayscale l&#432;u &yacute; r&#7857;ng SOL &#273;&atilde; v&#432;&#7907;t tr&#7897;i so v&#7899;i nh&oacute;m &#273;&#7891;ng nghi&#7879;p c&#7911;a m&igrave;nh k&#7875; t&#7915; n&#259;m 2023, trong khi nh&#7919;ng ng&#432;&#7901;i staking hi&#7879;n &#273;ang ki&#7871;m &#273;&#432;&#7907;c kho&#7843;ng 7% ph&#7847;n th&#432;&#7903;ng danh ngh&#297;a, t&#432;&#417;ng &#273;&#432;&#417;ng v&#7899;i l&#7907;i su&#7845;t th&#7921;c g&#7847;n 3%.
H&#7879; sinh th&aacute;i c&#7911;a Solana bao g&#7891;m h&#417;n 500 &#7913;ng d&#7909;ng, h&#7895; tr&#7907; t&agrave;i ch&iacute;nh phi t&#7853;p trung, &#7913;ng d&#7909;ng ti&ecirc;u d&ugrave;ng v&agrave; c&#417; s&#7903; h&#7841; t&#7847;ng th&#7921;c t&#7871;. C&aacute;c n&#7873;n t&#7843;ng DeFi nh&#432; Raydium v&agrave; Jupiter &#273;&atilde; t&#7841;o &#273;i&#7873;u ki&#7879;n cho h&#417;n 1.2 ngh&igrave;n t&#7927; USD kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&#7915; &#273;&#7847;u n&#259;m &#273;&#7871;n nay, trong khi c&aacute;c n&#7873;n t&#7843;ng x&atilde; h&#7897;i v&agrave; <a href="https://beincrypto.com/learn/what-is-pump-fun/" target="_blank" rel="noreferrer noopener">meme coin nh&#432; Pump.fun</a> t&#7841;o ra h&#417;n 1.2 tri&#7879;u USD doanh thu h&agrave;ng ng&agrave;y t&#7915; kho&#7843;ng 2 tri&#7879;u ng&#432;&#7901;i d&ugrave;ng h&agrave;ng th&aacute;ng.
Trong l&#297;nh v&#7921;c DePIN, Helium ti&#7871;p t&#7909;c m&#7903; r&#7897;ng m&#7841;ng l&#432;&#7899;i kh&ocirc;ng d&acirc;y phi t&#7853;p trung c&#7911;a m&igrave;nh v&#7899;i h&#417;n 112,000 &#273;i&#7875;m ph&aacute;t s&oacute;ng v&agrave; c&aacute;c &#273;&#7889;i t&aacute;c vi&#7877;n th&ocirc;ng l&#7899;n v&#7899;i AT&amp;T v&agrave; Telefonica.
T&#7893;ng th&#7875;, h&#7879; sinh th&aacute;i Solana t&#7841;o ra kho&#7843;ng 5 t&#7927; USD ph&iacute; giao d&#7883;ch h&agrave;ng n&#259;m, ph&#7843;n &aacute;nh tr&#7921;c ti&#7871;p nhu c&#7847;u tr&ecirc;n chu&#7895;i, do &#273;&oacute; Grayscale &#273;&#432;a ra lu&#7853;n &#273;i&#7875;m ch&#7907; t&agrave;i ch&iacute;nh ti&#7873;n &#273;i&#7879;n t&#7917;.
<h3 class="wp-block-heading">Thi&#7871;t k&#7871; c&#7841;nh tranh v&agrave; s&#7921; ph&aacute;t tri&#7875;n c&#7911;a nh&agrave; ph&aacute;t tri&#7875;n</h3>

Trong khi &#273;&oacute;, t&#7889;c &#273;&#7897; c&#7911;a Solana, x&#7917; l&yacute; c&aacute;c kh&#7889;i m&#7899;i m&#7895;i 400 mili gi&acirc;y v&#7899;i th&#7901;i gian ho&agrave;n t&#7845;t giao d&#7883;ch kho&#7843;ng 13 gi&acirc;y, l&agrave; n&#7873;n t&#7843;ng cho l&#7907;i th&#7871; hi&#7879;u qu&#7843; c&#7911;a n&oacute;.
Ph&iacute; giao d&#7883;ch trung b&igrave;nh ch&#7881; 0.02 USD, &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i thi&#7871;t k&#7871; &ldquo;th&#7883; tr&#432;&#7901;ng ph&iacute; &#273;&#7883;a ph&#432;&#417;ng&rdquo; gi&uacute;p gi&#7843;m thi&#7875;u t&#7855;c ngh&#7869;n. M&#7897;t <a href="https://vn.beincrypto.com/solana-approves-alpenglow-upgrade-price-jumps-6-5/" target="_blank" rel="noreferrer noopener">n&acirc;ng c&#7845;p s&#7855;p t&#7899;i, Alpenglow</a>, d&#7921; ki&#7871;n s&#7869; gi&#7843;m th&#7901;i gian x&aacute;c nh&#7853;n xu&#7889;ng d&#432;&#7899;i 150 mili gi&acirc;y.
Kh&ocirc;ng gi&#7889;ng nh&#432; c&#7845;u tr&uacute;c d&#7921;a tr&ecirc;n EVM c&#7911;a Ethereum, Solana s&#7917; d&#7909;ng Solana Virtual Machine (SVM), m&#7897;t ki&#7871;n tr&uacute;c kh&aacute;c bi&#7879;t c&oacute; th&#7875; t&#7841;o ra s&#7921; trung th&agrave;nh &ldquo;d&iacute;nh&rdquo; c&#7911;a nh&agrave; ph&aacute;t tri&#7875;n.
H&#417;n 1,000 nh&agrave; ph&aacute;t tri&#7875;n to&agrave;n th&#7901;i gian hi&#7879;n &#273;ang x&acirc;y d&#7921;ng tr&ecirc;n Solana, c&#7897;ng &#273;&#7891;ng nh&agrave; ph&aacute;t tri&#7875;n h&#7907;p &#273;&#7891;ng th&ocirc;ng minh l&#7899;n th&#7913; hai sau Ethereum.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch nh&#7853;n &#273;&#7883;nh: SOL h&#432;&#7899;ng t&#7899;i 300 USD</h2>

&#7902; n&#417;i kh&aacute;c, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng v&#7851;n chia r&#7869; v&#7873; h&agrave;nh &#273;&#7897;ng gi&aacute; ng&#7855;n h&#7841;n. Crypto Jelle quan s&aacute;t th&#7845;y gi&aacute; SOL &#273;&atilde; b&#7913;t ph&aacute; kh&#7887;i m&#7897;t ph&#7841;m vi t&aacute;i t&iacute;ch l&#361;y l&#7899;n v&agrave; hi&#7879;n &#273;ang ki&#7875;m tra l&#7841;i n&oacute;. Theo nh&agrave; ph&acirc;n t&iacute;ch, gi&aacute; c&oacute; th&#7875; s&#7861;n s&agrave;ng cho m&#7897;t kh&aacute;m ph&aacute; gi&aacute; cao h&#417;n.
Trong khi &#273;&oacute;, nh&agrave; giao d&#7883;ch k&#7929; thu&#7853;t Lark Davis l&#432;u &yacute; ph&#7841;m vi th&#7855;t ch&#7863;t c&#7911;a Solana gi&#7919;a kh&aacute;ng c&#7921; 220 USD v&agrave; h&#7895; tr&#7907; 169 USD. Theo nh&agrave; ph&acirc;n t&iacute;ch, gi&aacute; Solana c&oacute; th&#7875; v&#432;&#7907;t qua m&#7913;c t&acirc;m l&yacute; 300 USD.
Trong khi &#273;&oacute;, nh&agrave; ph&acirc;n t&iacute;ch Cryptos Batman <a href="https://x.com/CryptosBatman/status/1978145777831837825" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a> r&#7857;ng s&#7921; &#273;i&#7873;u ch&#7881;nh g&#7847;n &#273;&acirc;y c&#7911;a Solana sau <a href="https://vn.beincrypto.com/whale-surge-crypto-crash-trump-tariffs/">tin t&#7913;c thu&#7871; quan Trump</a> l&agrave; &#273;&aacute;y ch&iacute;nh, &#273;&#7863;c bi&#7879;t v&#7899;i quy&#7871;t &#273;&#7883;nh ETF SOL &#273;ang &#273;&#7871;n g&#7847;n.
M&#7863;c d&ugrave; g&#7847;n &#273;&acirc;y &#273;&atilde; gi&#7843;m t&#7915; 230 USD xu&#7889;ng 195 USD gi&#7919;a <a href="https://vn.beincrypto.com/sol-price-drops-as-whales-exit-futures/">b&aacute;n th&aacute;o h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai c&#7911;a c&aacute; voi</a>, t&acirc;m l&yacute; v&#7851;n r&#7897;ng r&atilde;i t&iacute;ch c&#7921;c. Trong khi Solana &#273;&#7889;i m&#7863;t v&#7899;i <a href="https://vn.beincrypto.com/sol-fud-spreads-but-solanas-technical-strength-tells-a-different-story/" target="_blank" rel="noreferrer noopener">FUD v&#7873; tuy&ecirc;n b&#7889; 100,000 TPS</a>, c&aacute;c nh&agrave; ph&aacute;t tri&#7875;n &#273;&atilde; l&agrave;m r&otilde; con s&#7889; n&agrave;y &#273;&#7873; c&#7853;p &#273;&#7871;n kh&#7843; n&#259;ng x&#7917; l&yacute; c&#7911;a tr&igrave;nh x&aacute;c th&#7921;c, kh&ocirc;ng ph&#7843;i giao d&#7883;ch &#273;&atilde; ho&agrave;n t&#7845;t, gi&uacute;p &#7893;n &#273;&#7883;nh ni&#7873;m tin.
Tuy nhi&ecirc;n, Grayscale l&#432;u &yacute; r&#7857;ng s&#7921; &#273;a d&#7841;ng v&agrave; quy m&ocirc; c&#7911;a Solana khi&#7871;n n&oacute; tr&#7903; th&agrave;nh m&#7897;t trong nh&#7919;ng l&#7921;a ch&#7885;n c&#417; b&#7843;n m&#7841;nh nh&#7845;t trong ti&#7873;n &#273;i&#7879;n t&#7917;.
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&ldquo;&#272;&#7897; s&acirc;u v&agrave; s&#7921; &#273;a d&#7841;ng c&#7911;a n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i c&#7911;a Solana t&#7841;o ra m&#7897;t n&#7873;n t&#7843;ng v&#7919;ng ch&#7855;c cho vi&#7879;c &#273;&#7883;nh gi&aacute; SOL v&agrave; c&aacute;c &#273;i&#7873;u ki&#7879;n c&#7847;n thi&#7871;t cho s&#7921; t&#259;ng tr&#432;&#7903;ng h&#417;n n&#7919;a theo th&#7901;i gian,&rdquo; b&aacute;o c&aacute;o cho bi&#7871;t.
</blockquote>

<img style="height:400px;width:640px;" decoding="async" alt="Solana (SOL) Price Performance" class="wp-image-760969 lazy" loading="lazy" src="https://assets.beincrypto.com/img/c7QikTLhUldSbFztaZELW-pupAw=/smart/2165227c23ca4ff1aa7a69ce33f5f2e3">Hi&#7879;u su&#7845;t gi&aacute; Solana (SOL). Ngu&#7891;n: <a href="https://beincrypto.com/price/solana/" target="_blank" rel="noreferrer noopener">BeInCrypto</a>

Khi s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&#297; m&ocirc;, suy &#273;o&aacute;n ETF v&agrave; c&aacute;c t&iacute;n hi&#7879;u k&#7929; thu&#7853;t h&#7897;i t&#7909;, &#273;&#7907;t b&ugrave;ng n&#7893; ti&#7871;p theo c&#7911;a Solana c&oacute; th&#7875; c&#7911;ng c&#7889; danh ti&#7871;ng c&#7911;a n&oacute; kh&ocirc;ng ch&#7881; l&agrave; &ldquo;ch&#7907; t&agrave;i ch&iacute;nh&rdquo; c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917;, m&agrave; c&ograve;n l&agrave; h&#7879; sinh th&aacute;i d&#7851;n &#273;&#7847;u giai &#273;o&#7841;n ti&#7871;p theo c&#7911;a ti&#7879;n &iacute;ch blockchain.

Grayscale ca ngợi Solana là “chợ tài chính của tiền điện tử” với các nhà phân tích nhắm mục tiêu 300 USD cho SOL

Grayscale Research &#273;&atilde; g&#7885;i Solana l&agrave; &ldquo;ch&#7907; t&agrave;i ch&iacute;nh c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917;&rdquo;, nh&#7845;n m&#7841;nh n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i s&acirc;u r&#7897;ng, s&#7921; t&#259;ng tr&#432;&#7903;ng ng&#432;&#7901;i d&ugrave;ng m&#7841;nh m&#7869; v&agrave; ho&#7841;t &#273;&#7897;ng giao d&#7883;ch v&#432;&#7907;t tr&#7897;i l&agrave; n&#7873;n t&#7843;ng cho vi&#7879;c t&#7841;o ra gi&aacute; tr&#7883; l&acirc;u d&agrave;i.
Trong khi &#273;&oacute;, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch ch&#7881; ra s&#7921; gia t&#259;ng &#273;&aacute;ng k&#7875; trong ho&#7841;t &#273;&#7897;ng tr&ecirc;n chu&#7895;i c&#7911;a Solana, nh&#432;ng vi&#7879;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; l&#7899;n gi&#7843;m ti&#7871;p x&uacute;c v&#7899;i h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai t&#7841;o ra s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&#7873; &#273;&#7907;t b&ugrave;ng n&#7893; ti&#7871;p theo c&#7911;a SOL.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-solana-s-economic-engine-remains-hot-despite-whale-caution">&#272;&#7897;ng c&#417; kinh t&#7871; c&#7911;a Solana v&#7851;n n&oacute;ng b&#7845;t ch&#7845;p s&#7921; th&#7853;n tr&#7885;ng c&#7911;a c&aacute; voi</h2>

Trong m&#7897;t b&aacute;o c&aacute;o m&#7899;i, Grayscale l&#7853;p lu&#7853;n r&#7857;ng s&#7921; &#273;a d&#7841;ng c&#7911;a <a href="https://beincrypto.com/learn/cross-chain-dapps" target="_blank" rel="noreferrer noopener">&#7913;ng d&#7909;ng phi t&#7853;p trung (dApps)</a> tr&ecirc;n m&#7841;ng, t&#7915; DeFi &#273;&#7871;n c&#417; s&#7903; h&#7841; t&#7847;ng v&#7853;t l&yacute;, &#273;&#7883;nh v&#7883; n&oacute; l&agrave; n&#7873;n t&#7843;ng h&#7907;p &#273;&#7891;ng th&ocirc;ng minh h&agrave;ng &#273;&#7847;u theo m&#7913;c &#273;&#7897; s&#7917; d&#7909;ng.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;Solana l&agrave; m&#7897;t c&#7897;ng &#273;&#7891;ng n&#259;ng &#273;&#7897;ng v&agrave; n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i: m&#7897;t &#273;&ocirc; th&#7883; v&ocirc; h&igrave;nh v&#7899;i h&agrave;ng tri&#7879;u ng&#432;&#7901;i d&ugrave;ng th&#7921;c hi&#7879;n h&agrave;ng ngh&igrave;n giao d&#7883;ch m&#7895;i gi&acirc;y,&rdquo; Grayscale vi&#7871;t. &ldquo;N&oacute; l&agrave; ng&#432;&#7901;i d&#7851;n &#273;&#7847;u trong danh m&#7909;c v&#7873; s&#7889; l&#432;&#7907;ng ng&#432;&#7901;i d&ugrave;ng, kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch v&agrave; ph&iacute; giao d&#7883;ch &mdash; c&oacute; th&#7875; n&oacute;i l&agrave; ba th&#432;&#7899;c &#273;o quan tr&#7885;ng nh&#7845;t c&#7911;a ho&#7841;t &#273;&#7897;ng blockchain,&rdquo; <a href="https://research.grayscale.com/reports/solana-cryptos-financial-bazaar" target="_blank" rel="noreferrer noopener nofollow">&#273;&#7885;c</a> m&#7897;t &#273;o&#7841;n tr&iacute;ch trong b&aacute;o c&aacute;o.
</blockquote>

V&#7899;i v&#7889;n h&oacute;a th&#7883; tr&#432;&#7901;ng g&#7847;n 111 t&#7927; USD, token g&#7889;c c&#7911;a Solana, SOL, x&#7871;p h&#7841;ng l&agrave; ti&#7873;n &#273;i&#7879;n t&#7917; l&#7899;n th&#7913; s&aacute;u v&agrave; t&agrave;i s&#7843;n c&oacute; t&iacute;nh thanh kho&#7843;n cao th&#7913; n&#259;m sau Bitcoin v&agrave; Ethereum.
Grayscale l&#432;u &yacute; r&#7857;ng SOL &#273;&atilde; v&#432;&#7907;t tr&#7897;i so v&#7899;i nh&oacute;m &#273;&#7891;ng nghi&#7879;p c&#7911;a m&igrave;nh k&#7875; t&#7915; n&#259;m 2023, trong khi nh&#7919;ng ng&#432;&#7901;i staking hi&#7879;n &#273;ang ki&#7871;m &#273;&#432;&#7907;c kho&#7843;ng 7% ph&#7847;n th&#432;&#7903;ng danh ngh&#297;a, t&#432;&#417;ng &#273;&#432;&#417;ng v&#7899;i l&#7907;i su&#7845;t th&#7921;c g&#7847;n 3%.
H&#7879; sinh th&aacute;i c&#7911;a Solana bao g&#7891;m h&#417;n 500 &#7913;ng d&#7909;ng, h&#7895; tr&#7907; t&agrave;i ch&iacute;nh phi t&#7853;p trung, &#7913;ng d&#7909;ng ti&ecirc;u d&ugrave;ng v&agrave; c&#417; s&#7903; h&#7841; t&#7847;ng th&#7921;c t&#7871;. C&aacute;c n&#7873;n t&#7843;ng DeFi nh&#432; Raydium v&agrave; Jupiter &#273;&atilde; t&#7841;o &#273;i&#7873;u ki&#7879;n cho h&#417;n 1.2 ngh&igrave;n t&#7927; USD kh&#7889;i l&#432;&#7907;ng giao d&#7883;ch t&#7915; &#273;&#7847;u n&#259;m &#273;&#7871;n nay, trong khi c&aacute;c n&#7873;n t&#7843;ng x&atilde; h&#7897;i v&agrave; <a href="https://beincrypto.com/learn/what-is-pump-fun/" target="_blank" rel="noreferrer noopener">meme coin nh&#432; Pump.fun</a> t&#7841;o ra h&#417;n 1.2 tri&#7879;u USD doanh thu h&agrave;ng ng&agrave;y t&#7915; kho&#7843;ng 2 tri&#7879;u ng&#432;&#7901;i d&ugrave;ng h&agrave;ng th&aacute;ng.
Trong l&#297;nh v&#7921;c DePIN, Helium ti&#7871;p t&#7909;c m&#7903; r&#7897;ng m&#7841;ng l&#432;&#7899;i kh&ocirc;ng d&acirc;y phi t&#7853;p trung c&#7911;a m&igrave;nh v&#7899;i h&#417;n 112,000 &#273;i&#7875;m ph&aacute;t s&oacute;ng v&agrave; c&aacute;c &#273;&#7889;i t&aacute;c vi&#7877;n th&ocirc;ng l&#7899;n v&#7899;i AT&amp;T v&agrave; Telefonica.
T&#7893;ng th&#7875;, h&#7879; sinh th&aacute;i Solana t&#7841;o ra kho&#7843;ng 5 t&#7927; USD ph&iacute; giao d&#7883;ch h&agrave;ng n&#259;m, ph&#7843;n &aacute;nh tr&#7921;c ti&#7871;p nhu c&#7847;u tr&ecirc;n chu&#7895;i, do &#273;&oacute; Grayscale &#273;&#432;a ra lu&#7853;n &#273;i&#7875;m ch&#7907; t&agrave;i ch&iacute;nh ti&#7873;n &#273;i&#7879;n t&#7917;.
<h3 class="wp-block-heading">Thi&#7871;t k&#7871; c&#7841;nh tranh v&agrave; s&#7921; ph&aacute;t tri&#7875;n c&#7911;a nh&agrave; ph&aacute;t tri&#7875;n</h3>

Trong khi &#273;&oacute;, t&#7889;c &#273;&#7897; c&#7911;a Solana, x&#7917; l&yacute; c&aacute;c kh&#7889;i m&#7899;i m&#7895;i 400 mili gi&acirc;y v&#7899;i th&#7901;i gian ho&agrave;n t&#7845;t giao d&#7883;ch kho&#7843;ng 13 gi&acirc;y, l&agrave; n&#7873;n t&#7843;ng cho l&#7907;i th&#7871; hi&#7879;u qu&#7843; c&#7911;a n&oacute;.
Ph&iacute; giao d&#7883;ch trung b&igrave;nh ch&#7881; 0.02 USD, &#273;&#432;&#7907;c h&#7895; tr&#7907; b&#7903;i thi&#7871;t k&#7871; &ldquo;th&#7883; tr&#432;&#7901;ng ph&iacute; &#273;&#7883;a ph&#432;&#417;ng&rdquo; gi&uacute;p gi&#7843;m thi&#7875;u t&#7855;c ngh&#7869;n. M&#7897;t <a href="https://vn.beincrypto.com/solana-approves-alpenglow-upgrade-price-jumps-6-5/" target="_blank" rel="noreferrer noopener">n&acirc;ng c&#7845;p s&#7855;p t&#7899;i, Alpenglow</a>, d&#7921; ki&#7871;n s&#7869; gi&#7843;m th&#7901;i gian x&aacute;c nh&#7853;n xu&#7889;ng d&#432;&#7899;i 150 mili gi&acirc;y.
Kh&ocirc;ng gi&#7889;ng nh&#432; c&#7845;u tr&uacute;c d&#7921;a tr&ecirc;n EVM c&#7911;a Ethereum, Solana s&#7917; d&#7909;ng Solana Virtual Machine (SVM), m&#7897;t ki&#7871;n tr&uacute;c kh&aacute;c bi&#7879;t c&oacute; th&#7875; t&#7841;o ra s&#7921; trung th&agrave;nh &ldquo;d&iacute;nh&rdquo; c&#7911;a nh&agrave; ph&aacute;t tri&#7875;n.
H&#417;n 1,000 nh&agrave; ph&aacute;t tri&#7875;n to&agrave;n th&#7901;i gian hi&#7879;n &#273;ang x&acirc;y d&#7921;ng tr&ecirc;n Solana, c&#7897;ng &#273;&#7891;ng nh&agrave; ph&aacute;t tri&#7875;n h&#7907;p &#273;&#7891;ng th&ocirc;ng minh l&#7899;n th&#7913; hai sau Ethereum.
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading">C&aacute;c nh&agrave; ph&acirc;n t&iacute;ch nh&#7853;n &#273;&#7883;nh: SOL h&#432;&#7899;ng t&#7899;i 300 USD</h2>

&#7902; n&#417;i kh&aacute;c, c&aacute;c nh&agrave; ph&acirc;n t&iacute;ch th&#7883; tr&#432;&#7901;ng v&#7851;n chia r&#7869; v&#7873; h&agrave;nh &#273;&#7897;ng gi&aacute; ng&#7855;n h&#7841;n. Crypto Jelle quan s&aacute;t th&#7845;y gi&aacute; SOL &#273;&atilde; b&#7913;t ph&aacute; kh&#7887;i m&#7897;t ph&#7841;m vi t&aacute;i t&iacute;ch l&#361;y l&#7899;n v&agrave; hi&#7879;n &#273;ang ki&#7875;m tra l&#7841;i n&oacute;. Theo nh&agrave; ph&acirc;n t&iacute;ch, gi&aacute; c&oacute; th&#7875; s&#7861;n s&agrave;ng cho m&#7897;t kh&aacute;m ph&aacute; gi&aacute; cao h&#417;n.
Trong khi &#273;&oacute;, nh&agrave; giao d&#7883;ch k&#7929; thu&#7853;t Lark Davis l&#432;u &yacute; ph&#7841;m vi th&#7855;t ch&#7863;t c&#7911;a Solana gi&#7919;a kh&aacute;ng c&#7921; 220 USD v&agrave; h&#7895; tr&#7907; 169 USD. Theo nh&agrave; ph&acirc;n t&iacute;ch, gi&aacute; Solana c&oacute; th&#7875; v&#432;&#7907;t qua m&#7913;c t&acirc;m l&yacute; 300 USD.
Trong khi &#273;&oacute;, nh&agrave; ph&acirc;n t&iacute;ch Cryptos Batman <a href="https://x.com/CryptosBatman/status/1978145777831837825" target="_blank" rel="noreferrer noopener nofollow">n&oacute;i</a> r&#7857;ng s&#7921; &#273;i&#7873;u ch&#7881;nh g&#7847;n &#273;&acirc;y c&#7911;a Solana sau <a href="https://vn.beincrypto.com/whale-surge-crypto-crash-trump-tariffs/">tin t&#7913;c thu&#7871; quan Trump</a> l&agrave; &#273;&aacute;y ch&iacute;nh, &#273;&#7863;c bi&#7879;t v&#7899;i quy&#7871;t &#273;&#7883;nh ETF SOL &#273;ang &#273;&#7871;n g&#7847;n.
M&#7863;c d&ugrave; g&#7847;n &#273;&acirc;y &#273;&atilde; gi&#7843;m t&#7915; 230 USD xu&#7889;ng 195 USD gi&#7919;a <a href="https://vn.beincrypto.com/sol-price-drops-as-whales-exit-futures/">b&aacute;n th&aacute;o h&#7907;p &#273;&#7891;ng t&#432;&#417;ng lai c&#7911;a c&aacute; voi</a>, t&acirc;m l&yacute; v&#7851;n r&#7897;ng r&atilde;i t&iacute;ch c&#7921;c. Trong khi Solana &#273;&#7889;i m&#7863;t v&#7899;i <a href="https://vn.beincrypto.com/sol-fud-spreads-but-solanas-technical-strength-tells-a-different-story/" target="_blank" rel="noreferrer noopener">FUD v&#7873; tuy&ecirc;n b&#7889; 100,000 TPS</a>, c&aacute;c nh&agrave; ph&aacute;t tri&#7875;n &#273;&atilde; l&agrave;m r&otilde; con s&#7889; n&agrave;y &#273;&#7873; c&#7853;p &#273;&#7871;n kh&#7843; n&#259;ng x&#7917; l&yacute; c&#7911;a tr&igrave;nh x&aacute;c th&#7921;c, kh&ocirc;ng ph&#7843;i giao d&#7883;ch &#273;&atilde; ho&agrave;n t&#7845;t, gi&uacute;p &#7893;n &#273;&#7883;nh ni&#7873;m tin.
Tuy nhi&ecirc;n, Grayscale l&#432;u &yacute; r&#7857;ng s&#7921; &#273;a d&#7841;ng v&agrave; quy m&ocirc; c&#7911;a Solana khi&#7871;n n&oacute; tr&#7903; th&agrave;nh m&#7897;t trong nh&#7919;ng l&#7921;a ch&#7885;n c&#417; b&#7843;n m&#7841;nh nh&#7845;t trong ti&#7873;n &#273;i&#7879;n t&#7917;.
<blockquote class="max-w-xl text-4.5 border-l-2 border-blue-600 pl-11 mb-9 select-all [&amp;_p]:!mb-0 wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
&ldquo;&#272;&#7897; s&acirc;u v&agrave; s&#7921; &#273;a d&#7841;ng c&#7911;a n&#7873;n kinh t&#7871; tr&ecirc;n chu&#7895;i c&#7911;a Solana t&#7841;o ra m&#7897;t n&#7873;n t&#7843;ng v&#7919;ng ch&#7855;c cho vi&#7879;c &#273;&#7883;nh gi&aacute; SOL v&agrave; c&aacute;c &#273;i&#7873;u ki&#7879;n c&#7847;n thi&#7871;t cho s&#7921; t&#259;ng tr&#432;&#7903;ng h&#417;n n&#7919;a theo th&#7901;i gian,&rdquo; b&aacute;o c&aacute;o cho bi&#7871;t.
</blockquote>

<img style="height:400px;width:640px;"decoding="async" alt="Solana (SOL) Price Performance" class="wp-image-760969 lazy" loading="lazy" src="https://assets.beincrypto.com/img/c7QikTLhUldSbFztaZELW-pupAw=/smart/2165227c23ca4ff1aa7a69ce33f5f2e3">Hi&#7879;u su&#7845;t gi&aacute; Solana (SOL). Ngu&#7891;n: <a href="https://beincrypto.com/price/solana/" target="_blank" rel="noreferrer noopener">BeInCrypto</a>

Khi s&#7921; kh&ocirc;ng ch&#7855;c ch&#7855;n v&#297; m&ocirc;, suy &#273;o&aacute;n ETF v&agrave; c&aacute;c t&iacute;n hi&#7879;u k&#7929; thu&#7853;t h&#7897;i t&#7909;, &#273;&#7907;t b&ugrave;ng n&#7893; ti&#7871;p theo c&#7911;a Solana c&oacute; th&#7875; c&#7911;ng c&#7889; danh ti&#7871;ng c&#7911;a n&oacute; kh&ocirc;ng ch&#7881; l&agrave; &ldquo;ch&#7907; t&agrave;i ch&iacute;nh&rdquo; c&#7911;a ti&#7873;n &#273;i&#7879;n t&#7917;, m&agrave; c&ograve;n l&agrave; h&#7879; sinh th&aacute;i d&#7851;n &#273;&#7847;u giai &#273;o&#7841;n ti&#7871;p theo c&#7911;a ti&#7879;n &iacute;ch blockchain.