Close Menu
Cryprovideos
    What's Hot

    Bitcoin dives below $102k amid fading momentum and macro uncertainty

    June 6, 2025

    Bitfinex Updates Platform with Model 1.116 Enhancements

    June 6, 2025

    US Seizes Crypto and 145 Domains in Main Darknet Takedown

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Solana Hits $277 All-Time Excessive as Open Curiosity Soars to $8 Billion
    Solana Hits 7 All-Time Excessive as Open Curiosity Soars to  Billion
    Altcoins

    Solana Hits $277 All-Time Excessive as Open Curiosity Soars to $8 Billion

    By Crypto EditorJanuary 19, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Solana (SOL) reached an all-time excessive (ATH) of $277.99 on January 18, pushed by a surge in exercise surrounding the newly launched TRUMP memecoin.

    The excitement across the meme coin forward of Donald Trump’s January 20 inauguration has fueled substantial buying and selling exercise on the Solana community, propelling SOL’s value and on-chain metrics to file ranges.

    Solana’s Value and Open Curiosity Contact New Peaks

    Solana-based TRUMP has captured important market consideration because it launched unexpectedly on Saturday. This has led to a surge in exercise on the Solana community, which has, in flip, pushed up the worth of its SOL coin. 

    On January 18, SOL climbed to a brand new all-time of $277.99. Whereas it has since witnessed a 1% value correction, the demand for the altcoin stays excessive. 

    That is mirrored by its open curiosity, which continues to develop. As of this writing, this sits at an all-time excessive of $8.57 billion, surging 25% over the previous 24 hours. 

    Solana Open Interest.
    Solana Open Curiosity. Supply: TradingView

    Open curiosity refers back to the whole variety of excellent spinoff contracts (resembling futures or choices) that haven’t been settled or closed. When it rises throughout an asset’s value rally, it signifies rising participation and confidence amongst merchants as extra capital flows into futures contracts. 

    This development is a bullish sign, suggesting that SOL’s value motion is supported by rising market exercise and conviction.

    Notably, SOL’s futures merchants have continued to wager on a sustained rally. That is evidenced by the coin’s optimistic funding charge, which is 0.0093% at press time. 

    Solana Funding Rate
    Solana Funding Fee. Supply: TradingView

    The funding charge is a periodic charge paid between lengthy and quick merchants in perpetual futures markets to maintain the contract value aligned with the spot value. When it’s optimistic, it means longs are paying shorts, indicating bullish sentiment as extra merchants are betting on the worth rising.

    SOL Value Prediction: Coin Might Rally to New Highs

    On the every day chart, SOL trades just under its all-time of $277.99, which now kinds a resistance degree. With sustained shopping for strain, the coin’s break will break above this degree, flip it right into a help zone, and proceed its uptrend.

    Solana Price Analysis.
    Solana Value Evaluation. Supply: TradingView

    Nevertheless, if profit-taking exercise resurfaces, this bullish projection shall be invalidated. In that situation, SOL’s value may plummet to $227.96.

    Disclaimer

    According to the Belief Challenge pointers, this value evaluation article is for informational functions solely and shouldn’t be thought-about monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market circumstances are topic to alter with out discover. All the time conduct your personal analysis and seek the advice of with an expert earlier than making any monetary selections. Please notice that our Phrases and Circumstances, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    XRP Charts Paint a Bullish Image — Might $3 Be on the Desk? – BlockNews

    June 6, 2025

    Ethereum Whales Transfer $159,000,000 ETH In One Go

    June 6, 2025

    BAY Miner helps customers earn as much as $90,000 in passive earnings per day by XRP and DOGE

    June 6, 2025

    Ethereum Worth Dips Beneath $2,500: Traders Eye Key Help Ranges

    June 6, 2025
    Latest Posts

    Bitcoin dives below $102k amid fading momentum and macro uncertainty

    June 6, 2025

    Ross Ulbricht’s large Bitcoin donor tied to Silk Highway successor Alphabay: Report

    June 6, 2025

    Bitcoin Dangers Dropping Beneath $100,000 as Day by day Liquidations Close to $1 Billion

    June 6, 2025

    Bitcoin Faces Key Take a look at as Fed Uncertainty and Market Exhaustion Collide

    June 6, 2025

    $621,550,000 in Bitcoin and Crypto Liquidated As Trump-Musk Meltdown Hits Important Mass – The Day by day Hodl

    June 6, 2025

    Elon Musk Flags U.S. Debt Disaster, Backs Bitcoin Reserve Shift

    June 6, 2025

    How a $1K SHIB Funding Outpaced Bitcoin’s Returns – BlockNews

    June 6, 2025

    Trump Advisor Bo Hines Meets Bukele Over Bitcoin Technique – Bitbo

    June 6, 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

    Dogecoin To Rally 6,770% If This Sample Holds: Crypto Analyst

    December 31, 2024

    Tether Dominates Crypto Payment Income with $122M in a Week

    January 12, 2025

    Ripple and the brand new roadmap for institutional DeFi

    February 25, 2025

    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.