Solana (SOL) Skyrockets 37% in Trading Volume - What's Happening?

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Solana (SOL) making waves on market with remarkable surge in trading volume

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Another noteworthy metric is Open Interest in SOL, which has seen a notable increase of 4.86%, reaching $1.89 billion. Open Interest refers to the total number of outstanding derivatives contracts, such as futures or options, that have not been settled. Rising Open Interest often indicates growing Looking ahead, all eyes will be on Solana as it continues to navigate the tumultuous waters of the market.

 

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