Solana Funding Rates Hit 17-Day Negative Streak — What This Means For Price
Solana (SOL) has been significantly affected by the bear market, reporting a price loss of 37. 38% in the last 30 days alone. Despite the late price relief seen last week, the altcoin remains about 70% off its all-time high, reflecting the dominant selling activity of recent months. Notably, funding rates data suggest traders are yet to see an imminent end to this turmoil, as open interest positioning reflects strong conviction toward further downside
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