Solana Open Interest Hits $16.6B as Traders Set SOL Price Target Above $250

SOL targets $250 as it outperforms the broader market

Key takeaways SOL is approaching $240 after adding 7.5% to its value. The cryptocurrency is now targeting the $250 psychological level. SOL outperforms other major cryptos, approaches $240 SOL, the native coin of the Solana blockchain, is the best performer among the top 10 cryptocurrencies by market cap in the last 24 hours. The coin has added 7.5% to its value in the last 24 hours and is now trading at $238.8 per coin. The positive performance…

Solana gains momentum with institutional backing

Solana posts 17% weekly gain, eyeing $300 as institutional demand grows. Galaxy Digital buys $326M SOL for Multicoin, with $1B more cash to deploy. $250 remains Solana’s key pivot; a breakout could retest $295 ATH soon. Solana (SOL) is closing one of its strongest weeks of 2025, recording a 17% gain over the past seven days. Among the top 20 crypto assets, only Dogecoin and Hyperliquid have outperformed it. The rally positions SOL for its highes…

Solana Futures Open Interest Near $16.6B Suggests Growing Institutional Interest But Sustainability Remains Unclear

Solana futures open interest has surged to about $16.6 billion, reflecting rising institutional and retail demand for Solana exposure and stronger activity in DeFi and NFT markets; this surge indicates

Solana Open Interest Surges to $16.6B as Traders Target Over $250 for SOL Price

Solana’s futures market has experienced a significant surge, with open interest reaching approximately $16.6 billion. This growth underscores the expanding influence of Solana within the broader cryptocurrency and blockchain ecosystem, especially amid increasing interest in decentralized finance (DeFi) and non-fungible tokens (NFTs). The rise highlights investor confidence in Solana’s scalable blockchain network, often seen as a competitor to Et…

Solana open interest hits $16.6B as traders set SOL price target above $250 – DG Verifications & Stats

Solana futures open interest rose to $16.6 billion as Galaxy and Forward Industries joined the adoption party. Is SOL headed toward $300 next? Market Analysis Key takeaways: Solana futures open interest hit $16.6 billion, and its perpetual futures funding rates are stable, hinting at further price upside. Spot-driven rally pushes SOL price, reinforced by Galaxy and Forward Industries’ buy demand. Solana (SOL) is posting one of its strongest we…

Solana open interest hits $16.6B as traders set SOL price target above $250

SOL's record $16.6 billion futures open interest, institutional flows, and a $250 pivot set the stage for a possible breakout to $300.