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Solana’s Open Interest Surges to $5B—How High Can SOL Go in April?

  • Solana's Open Interest (OI) has crossed $5 billion mark as SOL remains bullish, reaching over $145.
  • Market watchers await to see how high SOL will climb in April with its surging OI and strong price performance.
  • Trump's acknowledgement of the Solana-native TRUMP token has contributed to the latest Solana rally, with SOL prices rising in the spot markets.
  • Derivatives metrics signal bullish sentiment swings for SOL in April, with increased trading volume and options open interest.

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