The trading volume of CME futures for $SOL directly exploded to a new high of 1.75 million contracts, and institutional funds are entering the market aggressively! The price of SOL surged to 145 USD, and the futures market is in a frenzy, indicating that large funds are starting to bet with real money. Now Solana stands alongside Bitcoin and Ethereum as one of the three major institutional futures, which is a much bigger presence than last year.
However, don't just look at the soaring trading volume; within this, there are those who are wildly increasing their long positions with leverage, as well as hedgers who are worried about pullbacks. In any case, Solana's position in the institutional circle seems to be established, but leverage has always been a double-edged sword. If the market starts to fluctuate, we can expect a spectacle of liquidations and short squeezes.
The market is continuously changing, and we are closely monitoring it to seize new entry opportunities. Like and comment to together navigate the bull market and secure this major opportunity.
