Solana’s futures Open Interest has surged to an unprecedented $13.68 billion, marking a new all-time high that signals robust institutional confidence. This milestone coincides with SOL’s 17% price surge to $217 and follows the network’s major Alpenglow upgrade. The record OI suggests traders are positioning for significant price movement as institutional capital floods into Solana’s ecosystem.
- Solana's Alpenglow upgrade reduced transaction finality from 12+ seconds to 150 milliseconds while maintaining 107,000+ TPS capacity
- $22 million in short positions were liquidated in 24 hours as SOL surged past $200, with most liquidations occurring on on-chain perpetual platforms
- Orca DEX's Wavebreak launchpad uses CAPTCHA and on-chain permissions to prevent bot manipulation and create fairer token launches for institutional investors
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