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Glassnode Glassnode @glassnode · 44.1K subscribers
Post #1232 12.8K
Solana continues to outperform, with perp open interest climbing above $7B as price extends beyond $200. Market participation is clearly expanding.

Despite the rise in open interest, Perpetual Funding Rates remain relatively stable. This suggests the build-up is not excessively leveraged, leaving scope for further upside if momentum persists.

Chart Links:
https://glassno.de/42kiGjZ
https://glassno.de/42oenEe
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