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Solana futures open interest rose by 20% this week: Is $100 SOL next?

Solana futures open interest rose by 20% this week: Is $100 SOL next?

SOL’s steady recovery alongside the wider crypto market has traders debating whether $100 could be the next stop for the altcoin.

Key takeaways:

Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.

Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally to $100.

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Source: Cointelegraph →