Solana Soars Past $116 as AlphaPepe Builds Momentum Ahead of Public Listing
Solana's price surged past $116, forcing short sellers out of the market and causing over $18 million in positions to be erased. The rally also saw futures open interest jump by 18% to around $7 billion, indicating that traders are placing bets on Solana's next move.
The break above $116 has put $120 directly in sight, and a clean break through this level could signal that Solana still has fuel left in its tank. However, the ground-floor run is long gone, with Solana carrying a market value of around $70 billion.
Meanwhile, AlphaPepe is building momentum ahead of its public listing, having announced partnerships with four major exchanges: Azbit, BiFinance, Biconomy, and LATOKEN. The fifth exchange partnership rumor adds to the hype, indicating that AlphaPepe may be primed for a massive 100x run.