Solana’s Open Interest Plunges 21% as Price Dips

Solana’s open interest (OI) has dropped 21% compared to the previous day, while its price has dipped below levels not seen in over a month.

Solana’s OI, which measures the total value of outstanding futures contracts, stood at $1.62 billion on April 14, down significantly from the previous day, according to CoinGlass data. This mirrors a broader decline across the cryptocurrency market, with top altcoins like XRP, Dogecoin, and Cardano also experiencing double-digit drops in the past 24 hours.

Solana price fallen 15% after War news between Israel 🇮🇱 and Iran 🇮🇷 and price Went $123

Now recovering ❤️‍🩹 slowly steady