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@ tzongocu
2025-05-01 03:02:27
📰 News Alert...
🔖 Title: Solana Futures Open Interest Nears All-Time High — Will SOL Price Follow?
🗓️ Published: 2025-04-30T12:00:00-04:00
📄 Summary: Solana's native token, SOL, has shown resilience by holding the $140 support level for over a week, a positive sign for traders. With futures open interest climbing to $5.75 billion, reflecting significant institutional interest, many are speculating a bullish rally could see SOL reach $200 ahead of a potential spot ETF approval later this year. Despite recent price fluctuations, the growing adoption of SOL derivatives and impressive decentralized exchange activity indicate a bright future for the Solana network.
🔗 https://cointelegraph.com/news/solana-open-interest-nears-all-time-high-will-sol-price-follow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
🗞️ Source: Cointelegraph by Marcel Pechman
💓 #Solana #CryptoMarket #BlockchainTrends