Open Interest in Solana is down 21% compared to the previous day as its price dips below levels unseen in over 30 days.
Solana (SOL) open interest (OI) and its price have declined in the past 24 hours mirroring a broader decline across the cryptocurrency market. However, traders are remaining optimistic, viewing it as a "good opportunity."
On April 14, Solana’s OI stood at $1.62 billion, approximately 21% down from the previous day, as per CoinGlass data. OI measures the total value of all outstanding or unsettled Solana futures contracts across exchanges.
At the time of publication, Solana’s price is $136.54, down 11% over the past 24 hours, as per CoinMarketCap data.
