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Solana Price Eyes $180 as Open Interest Hits 4-Month High Coingape 1 week ago

Solana Price Eyes $180 as Open Interest Hits 4-Month High 📈

Solana (SOL) has seen a 7% price drop since May 23, declining from a weekly high of $186 to a current trading value of $172. Bulls are encountering resistance at the $174 mark.

Despite these bearish trends, Solana's open interest is rising, now at a four-month peak. The increase in futures positions sparks curiosity about Solana's potential to break out and possibly reach the $180 mark again.

Source: coingape.com ↗

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