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2024-11-07 18:44:16
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cointelegraph.com11 on Nostr: The article discusses the surge in Solana's native token SOL, which reached its ...


The article discusses the surge in Solana's native token SOL, which reached its highest level in seven months, driven by the US presidential election and potential for more innovation-friendly regulations. The article also mentions the rise in leveraged positions, with aggregate open interest for Solana futures reaching an all-time high. Additionally, the article highlights the strong onchain metrics, such as total value locked, which reached $6.64 billion, and the potential for SOL to reach $200 and higher.

#mainstream #technology

SOL is up more than 20% this week, and data suggests that the rally will continue.
https://cointelegraph.com/news/solana-open-interest-hits-record-high-will-sol-top-200

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