CandleFocus

Solana Skyrockets 121% in Volume as SOL Price Rallies

The Solana (SOL) cryptocurrency is experiencing a bullish trend, with its price surging and important metrics turning bullish. The trading volume of SOL has increased by 121% in the last 24 hours, indicating a significant influx of investment. Market sentiment remains on the bullish side, with more buying activity than selling activity. Additionally, the Open Interest (OI) of Solana has surged by 5.7%, suggesting that traders and investors are actively opening positions on SOL. The current price of SOL is $166.31, and if it continues to stay above $166.31, it could target the $172 level and potentially experience more price gains in the future.

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