Bitcoin (BTC) traders are once again placing bold bets on perpetual futures, undeterred by recent volatility that triggered a significant unwind of leveraged long positions. Singapore-based QCP Capital reported on Monday that open interest in perpetuals (futures with no expiration) is increasing, along with funding rates across major centralized and decentralized exchanges, signaling a strong bias toward long positions. “Optimism is re-emerging in the highly leveraged perpetual space. Rather than retreat ...

Solana is exhibiting a strong price performance, including a surge in perpetual open interest that has now gone above $7 billion. The Solana price has extended beyond $200, suggesting that market participation is expanding. The focus is now on the next price target for SOL. Solana Ecosystem Records Surge in Market Participation Solana currently has the attention of the broader cryptocurrency market as its perpetual futures open interest surged past the $7 billion mark. This shows that there is a notable ...