Solana open interest hits $16.6B as traders set SOL price target above $250

840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5N2ViYTgtMjlkNi03MTI1LWI5ZGUtYmJiZDk3NWIyODNh-1

Solana futures open interest rose to $16.6 billion as Galaxy and Forward Industries joined the adoption party. Is SOL headed toward $300 next?

Key takeaways:

Solana futures open interest hit $16.6 billion, and its perpetual futures funding rates are stable, hinting at further price upside.

Spot-driven rally pushes SOL price, reinforced by Galaxy and Forward Industries’ buy demand.

Read more

Subscribe for The Latest Crypto News and deals.

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

World Wide Crypto will use the information you provide on this form to be in touch with you and to provide updates and marketing.