One of the most notable recent signals is that Binance has confirmed that the trading pair SOL/USDT (among others) is leading the USD-M (USD-margined) perpetual futures market in trading volume over the past 24 hours. Binance

According to official Binance data: the long/short ratio for SOL/USDT perpetuals stands at ~2.32. Binance

The funding rate for SOL/USDT perpetuals is ~ 0.0070%. Binance

SOL/USDT sits among the top pairs by volume alongside BTC/USDT and ETH/USDT. Binance

High volume + elevated long/short ratio → suggests renewed interest in Solana from traders, especially in derivatives.

When perpetual markets heat up, we often see higher volatility, which could mean both opportunity and risk.

This popularity on Binance may reflect broader market sentiment shifting toward Solana’s ecosystem and use-cases (though volume alone isn’t a guarantee of sustained price rise.