Solana open interest drops 30% as altcoins slump: Is $68 SOL next?
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bulls abandon ship as SOL futures open interest dropped 30% in May. With the price weakening near $80, Solana may be destined for new lows.
Why this matters
Solana is a tracked market entity in the DigitalMoneyBox archive, making this useful context for readers monitoring repeated mentions and follow-up coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin must defend $62,500 as altcoins lose $8.8 billion in a week
Bitcoin enters the weekend trading near $62,500 to $64,300, keeping the intraday low as the market's clearest immediate threshold....
Solana Tests $77 Support As Risk-Off Pressure Spreads Across Layer 1s
Solana is back near an important support zone as risk-off pressure spreads through the crypto market and traders reassess exposure...
Zinedine Zidane named France’s next head coach, and crypto’s biggest sports play is still wide open
Zinedine Zidane will become France's next head coach after Deschamps, with a formal signing expected before July 21. The deal has...
Futures tumble as DeepSeek sparks chip meltdown, crypto scam tokens flood Solana and Ethereum
DeepSeek's AI models wiped $589 billion from Nvidia's market cap and triggered a wave of scam tokens on Solana and Ethereum with n...
Solana News: SOL Hits 300,000 RWA Holders, Leaving Other Chains in the Dust
In the latest Solana news, the SOL real-world asset ecosystem just crossed 300,000 unique holders, a milestone no competing chain...
T. Rowe Price Active Crypto ETF Opens A New Lane For Multi-Asset Exposure
T. Rowe Price launching an active crypto ETF is a meaningful moment because it pushes the market beyond the simplest version of in...