🚀 #solana $SOL Hits Record High of $277.99!
Fueled by the buzz around the Solana-based $TRUMP
memecoin and Donald Trump’s inauguration hype, SOL soared to a new all-time high on Jan 18. Despite a slight 1% dip after peaking, demand for SOL remains strong.
💡 Key Metrics Driving Growth:
Open Interest: Reached a record $8.57B (+25% in 24 hours),
signaling trader confidence.Positive Funding Rate: At 0.0093%,
highlighting bullish sentiment.
📈 Outlook: Sustained buying could push SOL past $277.99,
turning it into support for further gains. A correction might see it drop to $227.96.