<ul data-eligibleForWebStory="false"><li>Solana (SOL) aims to reach $280-$300 highs seen in March and must close daily above $140 to unlock this potential.</li><li>Derivatives volume for SOL surged by 17% to $14.7 billion with positive funding, indicating persistent long demand.</li><li>Shorts faced $8.3 million in liquidations, and a clear break of $160 could propel SOL towards $180 next.</li><li>Traders are closely monitoring SOL's movement towards $160 as a key level; positive technical indicators and strong fundamentals suggest bullish momentum.</li></ul>

Solana Price Eyes $300 as Derivatives Metrics Turn Bullish

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