Naina

07/18 16:46

As per CoinGlass, Solana leads the crypto derivat

As per CoinGlass, Solana leads the crypto derivatives market with a massive $8.19 billion in open interest, far outpacing all other tokens. This indicates strong trader confidence and sustained capital inflow into SOL positions. Other notable projects like FARTCOIN, LINK, and UNI trail behind with open interest between $870M–$498M. The dominance of SOL on both the treemap and bar chart suggests it remains a favorite among leveraged traders, potentially fueling heightened volatility and price action in the near term.

That’s not all, Solana is also due for the upcoming Firedancer Validator Client upgrade in Q4. If the market favors the bulls, the Solana coin price could breach its current all-time high and head toward a new high of $400. Conversely, stricter regulations or a network congestion setback could pull the price toward its annual low of $250.

Considering the present market sentiment, the SOL crypto could settle with an average trading price of around $325.

Year Potential Low Potential Average Potential High

2025 $250 $325 $400

#Claim1,200 USDT in the Monthly Creation Challenge#Do you think DELOREAN is promising?#Trump family backs TRON's US listing#BTC price hits a new high of $120,000!

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