$XRP

Open interest in Solana (SOL) futures has heated up quickly, with the swell of the green wave of capital reaching $11 billion across all major exchanges. The price of SOL is now hovering around $193, and based on the latest metrics, open interest has correctly tracked alongside its upward momentum - holding levels not seen since late 2021. Clearly, traders are accumulating, with a new explosion from the chase rally. Among the exchanges, Binance leads the pack with $2.24 billion in open interest, followed by BYBIT at $1.56 billion. Bithumb, although smaller, stood out with a 33.35% jump in OI over the past 24 hours. Meanwhile, CME captured a share of 4.36% of the action, while Bybit saw a 24.24% increase despite decreased short-term activity. Across the board, OI grew by 13.74% on the day, with bets stacking up quickly and references adding fuel to the fire.