Solana Futures Open Interest Surges 20%, Analysts Eye $100 Price Target

The Solana blockchain has been gaining traction in recent times, and its associated futures market is showing signs of increased activity. According to data, Solana futures open interest rose by 20% this week, indicating a growing interest in betting on the cryptocurrency's future price.

This development comes as analysts are predicting a potentially significant increase in Solana's price. One such prediction is that $100 SOL could be reached, although no specific timeframe has been provided for this eventuality.