Close Menu
Cryprovideos
    What's Hot

    China to ban owning Bitcoin? Gate.io to pay $30M over liquidations: Asia Express

    June 6, 2025

    The “Compliant Citizen” Dilemma and the “Civic Dividend” of Bitcoin

    June 6, 2025

    U.S. Seizes 145 Domains and Crypto in BidenCash Market Takedown

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Solana Open Curiosity Hits Report $5.6 Billion, Reflecting Surging Investor Curiosity
    Solana Open Curiosity Hits Report .6 Billion, Reflecting Surging Investor Curiosity
    Altcoins

    Solana Open Curiosity Hits Report $5.6 Billion, Reflecting Surging Investor Curiosity

    By Crypto EditorNovember 19, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Solana (SOL) has been on a tear, with its value surging in direction of a brand new all-time excessive and fueling optimism amongst merchants and buyers to the purpose the altcoin’s upward momentum has seen open curiosity on it surge previous the $5 billion mark.

    Based on knowledge from CoinGlass, open curiosity on Solana derivtives merchandise – futures and choices – has surged rom round $4.5 billion earlier within the week to a brand new $5.6 billion all-time excessive, earlier than correcting barely to $5.55 billion on the time of writing.

    The lion’s share of open curiosity is on main cryptocurrency trade Binance, which has $2.16 billion in open curiosity on Solana merchandise, adopted by Bybit with $1.51 billion and by Bitget with $659 million.

    SOL Open Curiosity. Supply: CoinGlass

    As CryptoGlobe reported, Solana surged previous BNB to turn into the fourth-largest cryptocurrency by market capitalization earlier this month because it outperformed most different digital belongings.


    Solana is up greater than 16% over the previous week to now commerce at $246 per token, giving it a complete market capitalization of $116.86 billion, above BNB’s $89 billion. Its upward momentum is seeing it problem Tether’s stablecoin USDt to turn into the third-largest digital asset by the metric, with USDt at present sitting at $128.2 billion.

    Solana’s value has benefitted from Republican presidential candidate Donald Trump securing a victory within the US elections. A Trump victory was broadly anticipated to assist enhance Bitcoin’s value, as the previous U.S. President has expressed robust help for the cryptocurrency sector.

    Trump has vowed to fireside the Chairman of the U.S. Securities and Trade Fee (SEC) Gary Gensler, who’s led a sequence of regulatory crackdowns on the cryptocurrency trade.

    A Trump victory can also be boosting Solana’s value because the perceived odds of a spot Solana exchange-traded fund (ETF) being listed are prone to develop consequently. As reported Canary Capital Group has not too long ago taken its first step to record a spot Solana ETF within the US.

    Featured picture through Unsplash.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Solana OI Rises to $6.88 Billion: Huge Strikes Forward?

    June 5, 2025

    ZK-Proof Blockchain Altcoin Lagrange (LA) Lifts Off Following Announcement of New Coinbase Assist – The Every day Hodl

    June 5, 2025

    Maple Finance expands to Solana, deploys yield-bearing stablecoin

    June 5, 2025

    Listed here are the Greatest Hurdles Ethereum ETH Must Overcome to Hit $3,000 – BlockNews

    June 5, 2025
    Latest Posts

    China to ban owning Bitcoin? Gate.io to pay $30M over liquidations: Asia Express

    June 6, 2025

    The “Compliant Citizen” Dilemma and the “Civic Dividend” of Bitcoin

    June 6, 2025

    Gold Miner’s Announce Transition to Bitcoin: Sends STock Hovering 60 P.c – BlockNews

    June 6, 2025

    Bluebird Mining Shifts to Bitcoin, Inventory Jumps 60% – Bitbo

    June 6, 2025

    Crypto Analyst Warns: This Bitcoin Bull Cycle Seems Nothing Like 2017 or 2021

    June 5, 2025

    Revenue-taking, not capitulation: establishments lower Bitcoin ETF publicity by 23% in Q1

    June 5, 2025

    Bitcoin Vs Stablecoins: Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

    June 5, 2025

    Bitcoin Hash Ribbons Flashes A Purchase Sign – Lengthy-Time period Alternative Brewing | Bitcoinist.com

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Crypto Replace | What Crypto Property Are Ready within the Wings? Kaiko's Riyad Carey Takes a Look Past Bitcoin

    February 8, 2025

    New Crypto Meme Index Launches Presale For MEMEX Token – Subsequent 10X Meme Coin?

    December 25, 2024

    Finest Crypto Cash To Purchase Now: Can LuckHunter’s Promised Positive aspects Make You a Millionaire?

    November 28, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.