Weakening onchain activity and bearish derivatives data suggest that a SOL price recovery will take longer than most investors anticipate.
Key takeaways:
SOL derivatives signal bearish sentiment as funding rates hit 0% and put (sell) options trade at a premium.
While Solana leads in DEX volume, it faces stiff competition from Hyperliquid in the perpetual contracts sector.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments