Solana’s open interest has soared to a record 6.68 billion USD, signaling robust trading activity and increased market participation. This increase indicates that traders are opening new positions, reflecting heightened interest and inflows of capital into SOL. This surge also suggests a growing confidence and demand for Solana.

Currently priced at 216.29 USD, Solana is being closely watched by traders aiming for a peak of 264 USD. A significant resistance level at 218.90 USD could influence future price movements. Furthermore, growing social media mentions and sentiment play a part in boosting interest and trading volumes for Solana.