Este sinal de US$ 260 milhões pode levar o SOL a US$ 200
Solana SOL Price Action in May 2024 Solana price is trading around $155 at the time of writing, reflecting a 31.9% surge within the first 6 days of May 2024. The ongoing crypto market recovery has been largely attributed to positive headwinds from recent US macroeconomic indices reports. However, Solana derivates market data reveals a unique bullish catalyst that could propel SOLs price further upward in the days ahead. Solana Open Interest Has Increased $260M. Recent trends observed in the Solana derivatives markets suggest that investors are now growing increasing confident and making big bets that the 31% SOL price surge will advance further. Solana SOL Open Interest The chart above shows how SOL Open Interest has increased by $260 million since the start of May 2024. Typically, such a significant spike in open interest during a price uptrend signals that the majority of Solana speculative traders are confident of further gains and piling on new positions to amplify their potential profits. More so, while the price of Solana increased by 31.9% in May 2024, this $260 million increase in Open Interest represents only a 19% growth. With the price growth far outpacing the open interest surge, it suggests that the SOL rally is driven more by organic





