Solana open interest hits record 72M SOL, but why is price falling?

Solana futures’ open interest rose to new all-time highs of 72 million SOL as the technical structure displayed weakness, putting $120 back in play.

Key takeaways:

Solana's futures’ open interest hits record 71.8 million SOL as market leans bearish.

SOL’s weakening technicals indicate a potential pullback toward $120-$150.

Read more