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Solana (SOL) Surges Past Ethereum in Transactions While Adding 1.5M Monthly Users
The Solana ecosystem’s native cryptocurrency SOL posted a 10% gain across five trading days, touching a three-week peak on Friday. This upward movement followed the announcement of an extended ceasefire between the United States and Iran, which triggered an 8% decline in Brent crude oil futures and boosted investor appetite for riskier assets including digital currencies. Currently, SOL is changing hands near the $84–$85 range, with market participants monitoring whether the psychological $100 level represents the next milestone. The futures open interest metric for SOL expanded from $3.5 billion last Sunday to ... (full story)